Netflix (NFLX) Weekly Technical Analysis
Netflix Inc
Leading video streaming service producing and distributing original and licensed content.
NFLX Technical Analysis Summary
NFLX remains in a decisive weekly downtrend after falling below its key 200-week moving average at 74.12. The expansion of the lower Bollinger Band and strong red volume bars confirm ongoing distribution and negative momentum. Unless buyers quickly reclaim the 70.00–74.50 resistance zone, the next likely destination for price discovery is the multi-month support base between 50.00 and 55.00.
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NFLX Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has decisively broken below the 200-week moving average (74.12) and the lower Bollinger Band, continuing a sequence of lower highs and lower lows with elevated selling volume.
Long-term Sentiment (weeks to months): Bearish
The weekly trend structure has transitioned into a clear bear market regime following a major top near 138, confirmed by price falling below the 50-week and 200-week moving averages.
Report Metadata
- Timeframe: weekly
- Generated at: Oct 30, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $52.50 | $50.00 - $55.00 | Strong | Major prior consolidation zone and base established during late 2023 and early 2024. |
| $41.00 | $38.00 - $44.00 | Moderate | Intermediate horizontal shelf from mid-2023 before the prolonged multi-year rally. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $72.25 | $70.00 - $74.50 | Strong | Prior horizontal support zone now turned resistance, confluent with the descending 20-week SMA (73.05) and 200-week SMA (74.12). |
| $84.00 | $82.50 - $85.50 | Moderate | Confluence of the 50-week SMA (84.08) and the upper Bollinger Band boundary. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Downtrend Channel / Lower Highs and Lower Lows | Bearish | $52.00 | Prolonged weekly bearish trend characterized by lower swing highs and lower swing lows following the peak near 138. |
| Strong | Key Moving Average Breakdown | Bearish | N/A | Weekly candlestick close below the 200-week SMA with an expanding lower Bollinger Band and RSI reading near oversold (31.58). |
Frequently Asked Questions about NFLX
What is the current sentiment for NFLX?
The short-term sentiment for NFLX is currently Bearish because Price has decisively broken below the 200-week moving average (74.12) and the lower Bollinger Band, continuing a sequence of lower highs and lower lows with elevated selling volume. 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 $52.50 and $41.00. 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.