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Netflix

Netflix chart

Netflix market insights

Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.

If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.

Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.

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Netflix details

Netflix (NASDAQ:NFLX) is a media company based in California. It’s credited with kickstarting the global streaming revolution, after launching an online video service in 2007 alongside the DVD rental service it already offered.

Netflix underwent explosive growth in the 2010s and was the best performing stock on the S&P 500 by the end of the decade. However, in the years since, multiple existing media companies expanded into streaming – with Disney becoming the top operator in the space by subscribers in 2022.

You can trade Netflix shares as a CFD with FOREX.com.

You can also trade Netflix shares using our extended hours offering, which is completely separate from our regular offering. Search ‘Netflix Extended Hours’ in our platform.

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Share CFDs explained

Share CFDs explained

If you want to profit from a company’s performance, then trading shares is the way to do it. We explain what they are and the key things you need to know.

Why trade share CFDs?

Shares are one of the most popular asset classes to trade and are a favourite of longer-term traders. We list the key reasons why shares are such an attractive investment.

How to trade shares

Want to know how to trade shares using CFDs without owning the underlying stock? This section breaks down how to profit from falling and rising prices.

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