NFLX Daily Technical Analysis
Netflix Inc
Leading video streaming service producing and distributing original and licensed content.
NFLX Technical Analysis Summary
The technical posture for Netflix is firmly bearish across multiple timeframes. A counter-trend rally failed to overcome long-term resistance near the 200-day SMA and resulted in a pronounced lower high. Short-term momentum has violently reversed to the downside, breaking key moving averages, supported by bearish MACD and RSI signals. The primary focus for long-term investors is whether the major structural support zone between 76 and 80 can hold during this current wave of selling.
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NFLX Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has suffered a sharp rejection from recent highs near 112, printing large red candles on elevated volume. It has broken below the 20-day and 50-day SMAs. Momentum indicators confirm the downside, with RSI plunging steeply towards 40 and MACD executing a bearish crossover with an expanding negative histogram.
Long-term Sentiment (weeks to months): Bearish
The long-term technical structure shows a massive downtrend from highs near 136. The recent rally failed to reach previous highs, forming a macro lower high near 112. Price remains below the 200-day SMA, which is beginning to slope downward, suggesting the broader secular downtrend is resuming after a counter-trend bounce.
Report Metadata
- Timeframe: daily
- Generated at: 2026-04-24T21:04:48.021Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $89.00 | $88.00 - $90.00 | Weak | Immediate downside target area aligning with the lower Bollinger Band (currently near 88.32) and minor prior consolidation. |
| $78.00 | $76.00 - $80.00 | Strong | Major swing low from earlier in the year. A break below this level would signal a significant continuation of the long-term bear market. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $99.00 | $98.00 - $100.00 | Weak | Initial resistance at previous broken support and the psychological 100 level, coinciding closely with the declining 20-day SMA. |
| $105.25 | $104.50 - $106.00 | Strong | Dynamic resistance provided by the 200-day SMA, which recently rejected price action on the way up. |
| $111.50 | $110.00 - $113.00 | Strong | The recent swing high; marks the origin of the current sharp selloff and a significant lower high in the macro context. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Macro Lower High | Bearish | $76.00 | After a prolonged decline from roughly 136 down to 76, the stock rallied but failed near 112, well below the previous major peak. The aggressive selloff from this lower high suggests sellers remain in control on higher timeframes. |
| Strong | Bearish Impulse Wave | Bearish | N/A | The sequence of recent candles shows a very sharp, steep decline from the upper Bollinger Band, slicing through the middle band (20 SMA) and 50 SMA with increasing bearish volume, indicating strong immediate downward pressure. |
Frequently Asked Questions about NFLX
What is the current sentiment for NFLX?
The short-term sentiment for NFLX is currently Bearish because Price has suffered a sharp rejection from recent highs near 112, printing large red candles on elevated volume. It has broken below the 20-day and 50-day SMAs. Momentum indicators confirm the downside, with RSI plunging steeply towards 40 and MACD executing a bearish crossover with an expanding negative histogram.. 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 $89.00 and $78.00. 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 66/100. It is not 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.