Summary

• 100% technical buy signals.
• 12 new highs and up 46.96% in the last month.
• 22.17% gain in the last year.

The Barchart Chart of the Day belongs to the Internet television network Netflix (NFLX).I found the stock by sorting Barchart's New All-Time High list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation.Since the Trend Spotter signaled a buy on 4/13 the stock gained 10.70%.

Netflix is the world's leading Internet television network with millions of subscribers in nearly 50 countries who have access to an ever-expanding library of TV shows and movies, including original programming, documentaries, and feature films. The company offers the ability to watch as subscribers want, anytime, anywhere, on nearly any Internet-connected screen.

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Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can, therefore, change during the day as the market fluctuates. The indicator numbers shown below, therefore, may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

• 100% technical buy signals
• 39.14+ Weighted Alpha
• 22.17% gain in the last year
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 46.93% in the last month
• Relative Strength Index 70.30%
• Technical support level a 430.68
• Recently traded at 439.17 with a 50 day moving average of 367.16

Fundamental factors:( Please do not rely on these numbers - many of these analysts projects were made before the crisis and have not been updated

• Market Cap $187 billion
• P/E 100.13
• Revenue expected to grow 20.90% this year and another 18.20% next year
• Earnings estimated to increase 45.30% this year, an additional 39.50% next year and continue to compound at an annual rate of 41.78% for the next 5 years
• Wall Street analysts have 11 string buy, 14 buy, 14 hold, 1 underperform and 1 sell recommendation in place
• The individual investors following the stock on Motley Fool voted 9,039 to 1,938 that the stock will beat the market
• 401,080 investors are monitoring the stock on Seeking Alpha