NFLX Daily Technical Analysis
Netflix Inc
Leading video streaming service producing and distributing original and licensed content.
NFLX Technical Analysis Summary
Netflix is firmly in a long-term bearish trend, trading well below all key moving averages including the 200-day and 50-day SMAs which are sloping downwards. Short-term momentum is negative, confirmed by the MACD and recent high-volume selling, though the RSI reading of 27.23 indicates the stock is currently oversold and may be due for a technical bounce. Immediate resistance lies near the 20-day SMA around 90, while the stock is in price discovery mode near recent lows of 83.28.
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NFLX Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a steep downtrend below the 20-day SMA, with the MACD line positioned below the signal line confirming negative momentum, although the RSI at 27.23 suggests oversold conditions.
Long-term Sentiment (weeks to months): Bearish
The stock is trading significantly below the declining 200-day and 50-day SMAs, with a clear structure of lower highs and lower lows dominating the chart.
Report Metadata
- Timeframe: daily
- Generated at: 2026-01-23T15:04:28.915Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $83.55 | $83.28 - $83.81 | Weak | Current swing low and interaction with the Lower Bollinger Band. |
| $80.00 | $80.00 - $80.00 | Weak | Psychological round number support level below current price discovery zone. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $90.98 | $89.96 - $92.00 | Strong | Confluence of the 20-day SMA and recent breakdown levels. |
| $96.90 | $96.11 - $97.69 | Strong | Cluster containing the Upper Bollinger Band and the 50-day SMA. |
| $113.00 | $113.00 - $113.00 | Strong | 200-day Simple Moving Average. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Downtrend Channel | Bearish | N/A | Consistent series of lower highs and lower lows with price riding the lower Bollinger Band. |
| Weak | Oversold Condition | Bullish | $89.96 | RSI is at 27.23 (below 30) and price is extended below moving averages, suggesting potential for mean reversion. |
Frequently Asked Questions about NFLX
What is the current sentiment for NFLX?
The short-term sentiment for NFLX is currently Bearish because Price is in a steep downtrend below the 20-day SMA, with the MACD line positioned below the signal line confirming negative momentum, although the RSI at 27.23 suggests oversold conditions.. 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 $83.55 and $80.00. 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 70/100. 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.