Netflix Technical+Brief Fundamental and Future Price Movements
We can obviously see in the chart that MACD line crosses over trend line which signals a long position in NFLX. Previous time , this happened was on Aug 25th 2020 and we experienced a nice rally and a sharp increase in the stock price. The signal is supported by increase in the volume and RSI as well. The next important Fibonacci resistances are: $543, $566 and $604
Fundamentally speaking, Netflix has a current ratio of 1.1230 , Total debt to equity of 1.69, Long Term Debt to Equity of 1.64
The company has an amazing Total Revenue of 20.165B, Gross Profit of 7.716B and Net Income of 1.867B
The Gross Margin is 40.8% , the Operating Margin is 16.6% and finally Return on Equity is 33.30%.
Fundamentally speaking, Netflix has a current ratio of 1.1230 , Total debt to equity of 1.69, Long Term Debt to Equity of 1.64
The company has an amazing Total Revenue of 20.165B, Gross Profit of 7.716B and Net Income of 1.867B
The Gross Margin is 40.8% , the Operating Margin is 16.6% and finally Return on Equity is 33.30%.