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Netflix (NFLX, $525.69) to increase subscription prices in US and Canada
Streaming giant Netflix is set to raise its subscription prices in the U.S. and Canada.
The subscription cost of the standard Netflix plan will rise to $15.49 from $13.99 in the U.S,. and C$16.49 from C$14.99 in Canada. The basic plan, will increase in the U.S. by $1 to $9.99 per month. The premium plan is increasing by $2 to $19.99 per month.
According to Netflix, the higher prices will help the company in offering more original content, amid increasing competition from other platforms.
NFLX in upward trend: price may jump up because it broke its lower Bollinger Band on April 20, 2022
NFLX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 32 of 41 cases where NFLX's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 78%.
Current price $187.64 is below $552.03 the lowest resistance line found by A.I. Throughout the month of 04/12/22 - 05/13/22, the price experienced a -45% Downtrend, while the week of 05/06/22 - 05/13/22 shows a +4% Uptrend.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NFLX's RSI Oscillator exited the oversold zone, 14 of 19 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 74%.
The Stochastic Indicator shows that the ticker has stayed in the oversold zone for 22 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The Moving Average Convergence Divergence (MACD) for NFLX just turned positive on May 12, 2022. Looking at past instances where NFLX's MACD turned positive, the stock continued to rise in 36 of 49 cases over the following month. The odds of a continued upward trend are 73%.
Following a +12.78% 3-day Advance, the price is estimated to grow further. Considering data from situations where NFLX advanced for three days, in 228 of 313 cases, the price rose further within the following month. The odds of a continued upward trend are 73%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NFLX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 66%.
The Aroon Indicator for NFLX entered a downward trend on May 13, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 66%. During the last month, the daily ratio of advancing to declining volumes was 1 to 3.17.
The Tickeron SMR rating for this company is 50 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is 66 (best 1 - 100 worst), indicating steady price growth. NFLX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 79 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.751) is normal, around the industry mean (4.970). P/E Ratio (17.036) is within average values for comparable stocks, (27.403). Projected Growth (PEG Ratio) (2.409) is also within normal values, averaging (2.471). NFLX has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.043). P/S Ratio (2.807) is also within normal values, averaging (134.112).
The Tickeron Profit vs. Risk Rating rating for this company is 88 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NFLX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 91 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Movies/entertainment industry include companies that produce and distribute motion pictures, and companies that operate general entertainment facilities like amusement parks and bowling centers. Some companies in this industry also have professional sports franchises. Live Nation Entertainment, Inc., Liberty Media Corp. and Viacom Inc. are some of the biggest companies in this space.
The average market capitalization across the Movies/Entertainment Industry is 7.1B. The market cap for tickers in the group ranges from 1.4K to 195.5B. DIS holds the highest valuation in this group at 195.5B. The lowest valued company is GTOR at 1.4K.
- 4/21/22 5:15 AM: Netflix (NFLX, $226.19) saw a $55.2B market cap decrease this week
The average weekly price growth across all stocks in the Movies/Entertainment Industry was -3.48%. For the same Industry, the average monthly price growth was -12.46%, and the average quarterly price growth was 15.23%. HMTV experienced the highest price growth at 72.94%, while GOAI experienced the biggest fall at -48%.
- 5/5/22 4:57 AM: Netflix (NFLX, $204.01) was a top weekly gainer, with a +8.21% jump
- 3/19/22 4:49 AM: Netflix (NFLX, $380.6) was a top weekly gainer, with a +11.84% jump
The average weekly volume growth across all stocks in the Movies/Entertainment Industry was 1.09%. For the same stocks of the Industry, the average monthly volume growth was 20.8% and the average quarterly volume growth was 56.64%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the TrendWeek Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 45%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.87.
46 stocks in the group of tickers confirmed the negative outlook based on the Declines indicator with average odds of 74%.
The most notable companies in this group are Walt Disney Company (The) (NYSE:DIS), Comcast Corp (NASDAQ:CMCSA), Netflix (NASDAQ:NFLX), Paramount Global (NASDAQ:PARA), Roku (NASDAQ:ROKU), AMC Entertainment Holdings (NYSE:AMC), HUYA (NYSE:HUYA), Eros STX Global Corp (NYSE:ESGC).
The average market capitalization across the group is 10.2B. The market cap for tickers in the group ranges from 0 to 195.5B. DIS holds the highest valuation in this group at 195.5B. The lowest valued company is STGZ at 0.
- 4/21/22 5:15 AM: Netflix (NFLX, $226.19) saw a $55.2B market cap decrease this week
The average weekly price growth across all stocks in the group was -3.86%. For the same group, the average monthly price growth was -16.47%, and the average quarterly price growth was -29.82%. HMTV experienced the highest price growth at 72.94%, while ICABY experienced the biggest fall at -30.5%.
- 5/14/22 4:23 AM: Cinemark Holdings (CNK, $16.25) was a top weekly gainer, with a +7.05% jump
- 5/11/22 7:46 AM: Kuke Music Holding (KUKE, $2.61) is a top weekly loser for penny stocks, falling -25.21%
- 5/11/22 7:46 AM: Genius Brands International (GNUS, $0.6) is a top weekly loser for penny stocks, falling -16.78%
The average weekly volume growth across all stocks in the group was 287.82%. For the same stocks of the group, the average monthly volume growth was 141.9% and the average quarterly volume growth was 210.65%
- 5/12/22 5:32 AM: The volume for Hemisphere Media Group stock increased for two consecutive days, resulting in a record-breaking daily growth of 244% of the 65-Day Volume Moving Average
- 5/11/22 7:40 AM: The volume for Hemisphere Media Group stock increased for one day, resulting in a record-breaking daily growth of 268% of the 65-Day Volume Moving Average
- 4/21/22 5:10 AM: The volume for Clubhouse Media Group stock increased for two consecutive days, resulting in a record-breaking daily growth of 860% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are Walt Disney Company (The) (NYSE:DIS), Comcast Corp (NASDAQ:CMCSA), Netflix (NASDAQ:NFLX), Paramount Global (NASDAQ:PARA), Roku (NASDAQ:ROKU), AMC Entertainment Holdings (NYSE:AMC), HUYA (NYSE:HUYA), Eros STX Global Corp (NYSE:ESGC).
Movies/entertainment industry include companies that produce and distribute motion pictures, and companies that operate general entertainment facilities like amusement parks and bowling centers. Some companies in this industry also have professional sports franchises. Live Nation Entertainment, Inc., Liberty Media Corp. and Viacom Inc. are some of the biggest companies in this space.
The average market capitalization across the Movies/Entertainment Industry is 7.1B. The market cap for tickers in the group ranges from 1.4K to 195.5B. DIS holds the highest valuation in this group at 195.5B. The lowest valued company is GTOR at 1.4K.
- 4/21/22 5:15 AM: Netflix (NFLX, $226.19) saw a $55.2B market cap decrease this week
The average weekly price growth across all stocks in the Movies/Entertainment Industry was -3.48%. For the same Industry, the average monthly price growth was -12.46%, and the average quarterly price growth was 15.23%. HMTV experienced the highest price growth at 72.94%, while GOAI experienced the biggest fall at -48%.
- 5/14/22 4:23 AM: Cinemark Holdings (CNK, $16.25) was a top weekly gainer, with a +7.05% jump
- 5/11/22 7:46 AM: Kuke Music Holding (KUKE, $2.61) is a top weekly loser for penny stocks, falling -25.21%
- 5/11/22 7:46 AM: Genius Brands International (GNUS, $0.6) is a top weekly loser for penny stocks, falling -16.78%
The average weekly volume growth across all stocks in the Movies/Entertainment Industry was 1.09%. For the same stocks of the Industry, the average monthly volume growth was 20.8% and the average quarterly volume growth was 56.64%
- 5/12/22 5:32 AM: The volume for Hemisphere Media Group stock increased for two consecutive days, resulting in a record-breaking daily growth of 244% of the 65-Day Volume Moving Average
- 5/11/22 7:40 AM: The volume for Hemisphere Media Group stock increased for one day, resulting in a record-breaking daily growth of 268% of the 65-Day Volume Moving Average
- 4/21/22 5:10 AM: The volume for Clubhouse Media Group stock increased for two consecutive days, resulting in a record-breaking daily growth of 860% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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