Netflix (NFLX) Daily Technical Analysis
Netflix Inc
Leading video streaming service producing and distributing original and licensed content.
NFLX Technical Analysis Summary
Netflix is navigating a long-term bearish trend defined by downward-sloping 50-day and 200-day SMAs and persistent lower highs. While recent price action shows a strong counter-trend relief rally off the 61.50 low, it is currently testing key initial resistance at the 20-day SMA (66.89). Long-term investors should await a confirmed structural reversal or a breakout above major moving averages before shifting to a bullish outlook.
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NFLX Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price staged a sharp short-term technical rebound off the lower Bollinger Band around 61.50, but is now confronting overhead resistance at the declining 20-day SMA (66.89) with RSI hovering near the neutral 50 mark.
Long-term Sentiment (weeks to months): Bearish
Price remains entrenched in a sustained primary downtrend below both the downward-sloping 50-day SMA (71.68) and 200-day SMA (81.24), characterized by consistent lower highs and lower lows.
Report Metadata
- Timeframe: daily
- Generated at: Nov 4, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $62.25 | $61.50 - $63.00 | Moderate | Recent multi-month swing low and lower Bollinger Band bounce zone. |
| $59.00 | $58.00 - $60.00 | Weak | Projected lower extension zone below the recent October trough. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $67.70 | $66.89 - $68.50 | Moderate | Immediate confluence of the 20-day SMA, middle Bollinger Band, and previous breakdown support-turned-resistance. |
| $73.00 | $71.50 - $74.50 | Strong | Cluster of the descending 50-day SMA, upper Bollinger Band, and early October swing high. |
| $81.00 | $80.00 - $82.00 | Strong | Major structural swing high from September aligning with the declining 200-day SMA. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Mean Reversion Bounce | Bullish | $68.50 | A sharp upward reaction following an oversold test of the lower Bollinger Band near 61.50, driving price back toward the 20-day SMA centerline. |
| Strong | Primary Downtrend Channel | Bearish | $60.00 | Prolonged descending price structure guided lower beneath both the 50-day and 200-day moving averages. |
Frequently Asked Questions about NFLX
What is the current sentiment for NFLX?
The short-term sentiment for NFLX is currently Neutral because Price staged a sharp short-term technical rebound off the lower Bollinger Band around 61.50, but is now confronting overhead resistance at the declining 20-day SMA (66.89) with RSI hovering near the neutral 50 mark. 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 $62.25 and $59.00. 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 24/100. 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.