NFLX Daily Technical Analysis
Netflix Inc
Leading video streaming service producing and distributing original and licensed content.
NFLX Technical Analysis Summary
NFLX is firmly entrenched in a long-term downtrend, characterized by a bearish moving average alignment and consistent lower highs and lows. While short-term indicators like RSI and slowing MACD momentum suggest the stock is oversold and could see a near-term bounce, the broader technical structure remains deeply negative. Any rallies will likely face stiff resistance in the $90-$93 zone where key moving averages are clustered.
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NFLX Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price remains in a clear near-term downtrend, trading below the declining 20-day and 50-day SMAs. However, RSI is curling up from oversold levels and MACD negative momentum is slowing, suggesting the potential for a short-term bounce or consolidation before further direction is established.
Long-term Sentiment (weeks to months): Bearish
The long-term trend is strongly negative. The stock is making consistent lower highs and lower lows, and is trading significantly below a downward-sloping 200-day SMA. The bearish moving average alignment (20 < 50 < 200) confirms long-term weakness.
Report Metadata
- Timeframe: daily
- Generated at: 2026-06-08T21:03:59.317Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $81.75 | $81.00 - $82.50 | Weak | Immediate support based on the recent swing low and the lower Bollinger Band. |
| $70.00 | $68.00 - $72.00 | Strong | Major historical support zone established by the significant swing low earlier in the year. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $91.50 | $90.00 - $93.00 | Strong | A confluence of resistance including recent swing highs and the descending 20-day and 50-day SMAs. |
| $101.50 | $99.00 - $104.00 | Strong | Significant overhead resistance near the psychological $100 level, converging with the 200-day SMA. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Downtrend / Lower Highs and Lower Lows | Bearish | N/A | The price action forms a clear, prolonged sequence of lower peaks and lower troughs, defining a sustained bearish trend over several months. |
| Weak | Potential Oversold Bounce | Bullish | $91.00 | With RSI recently dipping below 30 and price near the lower Bollinger Band, there are technical conditions that often precede a short-term mean-reversion bounce, even within a larger downtrend. |
Frequently Asked Questions about NFLX
What is the current sentiment for NFLX?
The short-term sentiment for NFLX is currently Bearish because Price remains in a clear near-term downtrend, trading below the declining 20-day and 50-day SMAs. However, RSI is curling up from oversold levels and MACD negative momentum is slowing, suggesting the potential for a short-term bounce or consolidation before further direction is established.. The long-term trend is classified as Bearish.
What are the key support levels for NFLX?
StockDips.AI has identified key support levels for NFLX at $81.75 and $70.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is NFLX in a significant dip or a Value Dip right now?
NFLX has a Value Score of 91/100. It is currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.