NFLX Weekly Technical Analysis
Netflix Inc
Leading video streaming service producing and distributing original and licensed content.
NFLX Technical Analysis Summary
Netflix is undergoing a significant correction, having completed a Head and Shoulders top pattern and broken through key intermediate support around 100. The short-term momentum is intensely negative as confirmed by the MACD and the steep drop below the 50-week SMA, though the oversold RSI suggests the potential for a temporary stabilization near the lower Bollinger Band. Long-term investors should watch the interaction with the 200-week SMA near 63.00, which serves as the last major line of defense for the broader uptrend.
Included In Lists
Related Tickers of Interest
NFLX Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a steep downtrend, trading well below the 20 and 50-period SMAs, with the RSI deeply oversold at 27.63 and MACD accelerating downwards below the zero line.
Long-term Sentiment (weeks to months): Neutral
Although the medium-term structure has broken down with the loss of the 50-week SMA, the price remains above the rising 200-week SMA (62.97), suggesting the primary secular trend is not yet fully invalidated.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-01-31T23:30:48.510Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $78.50 | $78.00 - $79.00 | Weak | Confluence with the lower Bollinger Band (78.63) and recent minor pivots. |
| $70.00 | $68.00 - $72.00 | Strong | Major consolidation zone and swing lows from the prior accumulation phase. |
| $62.75 | $62.00 - $63.50 | Strong | The 200-week SMA acts as a critical long-term dynamic support level. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $102.00 | $100.00 - $104.00 | Strong | Psychological level, former neckline support turned resistance, and the 20-week SMA (103.91). |
| $109.50 | $109.00 - $110.00 | Strong | Alignment with the falling 50-week SMA. |
| $122.50 | $120.00 - $125.00 | Weak | Recent swing high corresponding to the right shoulder of the reversal pattern. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Head and Shoulders Top | Bearish | $60.00 | A classic bearish reversal pattern with the head around 140 and shoulders near 125. The neckline around 100-105 has been decisively broken. |
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, trading well below the 20 and 50-period SMAs, with the RSI deeply oversold at 27.63 and MACD accelerating downwards below the zero line.. 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 $78.50 and $70.00. 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 116/100. 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.