NFLX Weekly Technical Analysis
Netflix Inc
Leading video streaming service producing and distributing original and licensed content.
NFLX Technical Analysis Summary
NFLX is currently testing overhead resistance near its 20-week SMA around 80.00-83.60 following a sharp bounce off the 200-week SMA (72.53). Although long-term structural support at the 200-week moving average has held, intermediate-term momentum remains negative with price trading beneath declining 20-week and 50-week moving averages. Long-term investors should monitor whether the 70.00-72.50 base continues to hold or if rejection at the 20-week SMA triggers another leg lower in the prevailing downtrend.
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NFLX Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price remains below the declining 20-week and 50-week moving averages, facing active rejection around the 20-week SMA with RSI holding below the 50 neutral threshold.
Long-term Sentiment (weeks to months): Neutral
The 200-week SMA continues to slope upward and provided strong support near 70.00-72.50, but the multi-month sequence of lower highs and lower lows from the 140.00 peak keeps the broader trend in a prolonged corrective phase.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-09-04T21:01:18.891Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $71.28 | $70.00 - $72.55 | Strong | Confluence of the rising 200-week moving average and the recent major weekly pivot low. |
| $61.50 | $60.00 - $63.00 | Weak | Prior consolidation and breakout area from late 2023 to early 2024. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $81.80 | $80.00 - $83.60 | Strong | Overhead confluence of the 20-week moving average (80.05) and recent weekly swing high. |
| $92.50 | $91.00 - $94.00 | Strong | Descending 50-week SMA (91.38) aligned with upper Bollinger Band and prior breakdown shelf. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Bear Flag / Counter-Trend Retest | Bearish | $70.00 | A corrective multi-week rebound from the 200-week SMA that is stalling directly into the falling 20-week moving average and dynamic resistance. |
| Strong | Descending Channel | Bearish | N/A | A well-defined series of lower swing highs and lower swing lows formed since the peak near 140.00. |
Frequently Asked Questions about NFLX
What is the current sentiment for NFLX?
The short-term sentiment for NFLX is currently Bearish because Price remains below the declining 20-week and 50-week moving averages, facing active rejection around the 20-week SMA with RSI holding below the 50 neutral threshold.. The long-term trend is classified as Neutral.
What are the key support levels for NFLX?
StockDips.AI has identified key support levels for NFLX at $71.28 and $61.50. 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 83/100. 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.