NFLX.MI (MTA)

NFLX.MI MTA

NETFlix

SELL

662.90

Prev.Close

668.00

Change

-5.1000

Change%

-0.76%

BEARISH DELIBERATION BL...

Sold at

662.90

Open

669.90

High

672.00

Low

662.90

0.00%

Signal History

Date	Price	Signal	Change%		€100⇨
11-10	662.90	SELL	0.0%		103
02-10	640.05	BUY	+3.6%	✔	100
26-09	642.93	SELL	-0.4%	✔	100
12-09	621.70	BUY	+3.4%	✔	97
03-09	619.40	SELL	+0.4%	❌	97
14-08	595.52	BUY	+4.0%	✔	94
02-08	569.28	SHORT	+4.6%	❌	98
23-07	595.65	BUY	-4.4%	❌	103
01-07	626.73	SELL	-5.0%	✔	103
27-06	635.90	BUY	-1.4%	❌	105
24-06	623.60	SELL	+2.0%	❌	105
05-06	587.69	BUY	+6.1%	✔	99
31-05	592.80	SELL	-0.9%	✔	99
29-05	602.27	BUY	-1.6%	❌	101
23-05	591.70	SELL	+1.8%	❌	101
20-05	575.64	BUY	+2.8%	✔	99
10-05	565.50	SELL	+1.8%	❌	99
02-05	522.77	BUY	+8.2%	✔	92
19-04	532.10	SELL	-1.8%	✔	92
16-04	578.82	BUY	-8.1%	❌	100

† Trade commissions are taken as 0.15%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to SELL. The BEARISH DELIBERATION BLOCK pattern finally received a confirmation because the prices crossed below the confirmation level which was at 663.85, and our valid average selling price stands now at 662.90. The previous BUY signal was issued on 02-10-2024, 9 days ago, when the stock price was 640.05. Since then NFLX.MI has risen by +3.57%.

Market Outlook

We may be at a market top or at the start of a correction. The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet.

Pattern Description

This pattern consists of three consecutive white candlesticks with consecutively higher closes in an uptrend. more...

Date	Price	Signal	Change%		€100⇨
11-10	662.90	SELL	0.0%		225
02-10	640.05	BUY	+3.6%	✔	218
26-09	642.93	SELL	-0.4%	✔	218
12-09	621.70	BUY	+3.4%	✔	211
03-09	619.40	SELL	+0.4%	❌	211
14-08	595.52	BUY	+4.0%	✔	203
02-08	569.28	SHORT	+4.6%	❌	214
23-07	595.65	BUY	-4.4%	❌	225
01-07	626.73	SELL	-5.0%	✔	225
27-06	635.90	BUY	-1.4%	❌	228
24-06	623.60	SELL	+2.0%	❌	229
05-06	587.69	BUY	+6.1%	✔	216
31-05	592.80	SELL	-0.9%	✔	216
29-05	602.27	BUY	-1.6%	❌	220
23-05	591.70	SELL	+1.8%	❌	220
20-05	575.64	BUY	+2.8%	✔	215
10-05	565.50	SELL	+1.8%	❌	215
02-05	522.77	BUY	+8.2%	✔	199
19-04	532.10	SELL	-1.8%	✔	199
16-04	578.82	BUY	-8.1%	❌	217
28-03	565.64	SHORT	+2.3%	❌	223
07-03	552.50	BUY	+2.4%	✔	219
05-03	562.73	SELL	-1.8%	✔	219
07-02	523.61	BUY	+7.5%	✔	204
30-01	521.00	SELL	+0.5%	❌	204
23-01	447.50	BUY	+16.4%	✔ 👍	176
16-01	445.25	SELL	+0.5%	❌	176
12-01	450.57	BUY	-1.2%	❌	178
21-12	445.40	SELL	+1.2%	❌	179
13-12	438.85	BUY	+1.5%	✔	176
28-11	434.05	SELL	+1.1%	❌	177
08-11	406.70	BUY	+6.7%	✔	166
06-11	400.65	SELL	+1.5%	❌	166
19-10	375.16	BUY	+6.8%	✔	156
11-10	351.95	SELL	+6.6%	❌	156
02-10	361.34	BUY	-2.6%	❌	160
07-09	411.15	SELL	-12.1%	✔	160
22-08	375.04	BUY	+9.6%	✔	147
09-08	390.05	SHORT	-3.8%	✔	142
25-07	387.70	BUY	+0.6%	✔	141