NFLX Weekly Technical Analysis
Netflix Inc
Leading video streaming service producing and distributing original and licensed content.
NFLX Technical Analysis Summary
Netflix is experiencing a severe bearish correction, having lost over 40% of its value from the recent peak. The weekly chart shows strong negative momentum with the MACD plunging below zero and price action hugging the lower Bollinger Band. While the deeply oversold RSI (23.68) suggests potential for a short-term relief bounce, the primary trend remains heavily bearish with the next major support level at the 200-week SMA near 63.41.
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NFLX Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a steep 'waterfall' decline marked by large red weekly candles, trading well below the rapidly descending 20-week SMA and riding the lower Bollinger Band.
Long-term Sentiment (weeks to months): Bearish
The stock has suffered a major structural breakdown, falling from highs of ~135 to ~76 and crossing below the 50-week SMA. While it remains above the 200-week SMA, the momentum suggests a deep correction of the multi-year trend.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-15T00:14:17.216Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $74.00 | $73.00 - $75.00 | Weak | Immediate support at the Lower Bollinger Band (73.62) and recent weekly lows. |
| $64.00 | $63.00 - $65.00 | Strong | Major long-term support at the 200-week SMA (63.41) and prior consolidation zones. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $97.50 | $95.00 - $100.00 | Strong | Former consolidation support turned resistance, coinciding with the 20-week SMA (99.68). |
| $109.00 | $108.00 - $110.00 | Strong | The 50-week SMA (108.40) acts as a significant dynamic resistance level. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Rounded Top Breakdown | Bearish | $63.41 | Price formed a broad distribution pattern between 120-140 before breaking down sharply below 110. |
| Weak | Oversold Conditions | Neutral | N/A | RSI is extremely low at 23.68, indicating extended selling pressure that may lead to a mean-reversion bounce or consolidation. |
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 'waterfall' decline marked by large red weekly candles, trading well below the rapidly descending 20-week SMA and riding the lower Bollinger Band.. 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 $74.00 and $64.00. 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 78/100. 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.