miércoles, 30 de abril de 2014

NFLX Stock analysis and forecast. Last Price $319.87 04/30/2014

NFLX Stock analysis and forecast. Last Price $319.87 04/30/2014

Hi guys. Today I want to analyse NFLX, as you know this company provides subscription service streaming movies and TV episodes over the internet.
The consensus average target price is $409.40
The company has a P/E= 116.32 and a EPS= 2.75
Let´s see the technicals.
Supports and resistances:
S1: 308.76 S2: 269 R1:368 R2:411
As you can see in the Chart the MACD is below the signal and below zero. The RSI is at 37% in a flat pattern, and the stochastic is going to enter into the oversold zone. 
The DMI shows us that there are more downside movements than upside -40.59 vs 18.20
Elliot waves.
The curve is starting the flat pattern abc (downtrend serie, so it´s probably will bounce in the next sesions.
The price is below the AVG 200 =337.29 and below the 50AVG too.
The buy interval for this stock is [295;317.38] the price arrived in the last sesions.However if the stock will go lower I will extend the buy range to $275 for the lower price 
I marked a hammer in the chart, (a reversal pattern).
The targets for this stock are:

TG1:$341
Tg2:$367
TGExt:$410
Let´s see some fundamentals notes:
Sales growth average last 4 years: 27.87%
Last year 2013: 21.20%
EPS growth average last 4 years:133.73%
Last year 2013: 537.93%
The long-Term Debt was increased from 230.6M in 2012 to 529.5M in 2013.
Here it´s the Chart:

If you buy this stock I recomend to follow closely the behavior of the price and look for small targets in the short-term.
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