NFLX technical analysis

Price Relative to Weekly EMAs

The latest weekly close for NFLX is 71.14. This price is below the weekly EMA20 of 77.86 by 8.62%. It is also below the weekly EMA50 of 85.73 by 17.02%. Furthermore, the price is below the weekly EMA200 of 77.61 by 8.33%.

Weekly EMA Stack

The weekly EMA stack is currently described as mixed / transitioning. This indicates that there is no clear bullish (EMA20 > EMA50 > EMA200) or bearish (EMA20 < EMA50 < EMA200) trend in place, suggesting a period of indecision or shifting momentum. The EMA stack describes the prevailing trend, not specific entry or exit points.

Golden or Death Cross

No EMA50/EMA200 cross was found within the computable window.

What Would Change This Read

A shift to a more bullish outlook would require NFLX to close above the weekly EMA20 at 77.86. A stronger bullish signal would be NFLX closing above the weekly EMA50 at 85.73.

The weekly MACD for NFLX is currently at -4.44, positioned above its signal line of -4.70. This indicates a bullish posture. A bullish signal-line crossover occurred on 2026-08-17, which was 6 weeks ago.

The histogram is positive at 0.26. However, the 4-bar change of -0.77 indicates that positive momentum is decelerating.

The MACD is currently below the zero line, suggesting a longer-term bearish context. The last zero-line cross was bearish, occurring on 2025-11-17, 45 weeks ago. This is a distinct signal from the more recent signal-line crossover.

No bearish divergence was found between the 2026-06-29 close of 77.65 and the 2026-08-24 close of 81.72. Similarly, no bullish divergence was found between the 2026-03-16 close of 91.82 and the 2026-07-13 close of 68.95.

What would change this read

A shift to a bearish outlook would occur if the MACD falls below its signal line of -4.6961. A more significant bullish confirmation would be the MACD crossing above the zero line (i.e., rising above 0.00). A turn to negative momentum would be indicated by the histogram falling below 0.00.

Current Weekly RSI(14)

The current weekly RSI(14) for NFLX is 37.28, placing it in a neutral state. The indicator is neither overbought (above or equal to 70) nor oversold (below or equal to 30).

RSI Direction Over Last Four Weeks

Over the last four weeks, the weekly RSI(14) has been falling. It moved from 44.42 four weeks ago to its current value of 37.28.

Most Recent 70/30 Band Event

The most recent band event occurred 31 weeks ago, on 2026-02-23, when the weekly RSI(14) recovered above 30.

Divergence Checks

No bearish divergence was found based on the last two price pivots. No bullish divergence was found based on the last two price pivots.

What Would Change This Read

A shift to an overbought state (weekly RSI(14) at or above 70.00) or an oversold state (weekly RSI(14) at or below 30.00) would alter this read. Additionally, a sustained reversal in the RSI's recent falling trend, moving above 44.42, would be notable.

The current weekly Average True Range (ATR(14)) for NFLX is 5.35. This value represents 7.52% of its latest weekly close of 71.14, indicating the typical weekly price fluctuation for the stock.

Compared to eight weeks ago, when the ATR was 5.98, volatility for NFLX is contracting.

The 1x ATR band from the latest close suggests that a normal weekly price range for NFLX would be between 65.80 and 76.49. The 2x ATR band further extends this expected weekly range to between 60.45 and 81.84. These bands describe the expected weekly range of price movement, not a prediction of future price direction.

What would change this read

• – A weekly ATR(14) value rising above 5.98 would signal expanding volatility.
• – A weekly close outside the 2x ATR band, either below 60.45 or above 81.84, would indicate an unusually large weekly price movement beyond typical expectations.

52-Week High and Low

The 52-week high for NFLX is 124.86, which was set on 2025-10-20. The 52-week low is 65.08, set on 2026-07-13.

Distance from High and Low

The latest weekly close of 71.14 is -43.02% below the 52-week high. It is 9.32% above the 52-week low.

Position within 52-Week Range

NFLX is currently positioned at 10.1% within its 52-week range (where 0% is the low and 100% is the high). This indicates that the stock is trading very close to its 52-week low, suggesting it has experienced a significant weekly decline or is in a prolonged downtrend, hovering near its yearly bottom.

What would change this read

A weekly close below 65.08 would establish a new 52-week low. A weekly close above the midpoint of the 52-week range at 94.97 would signal a substantial recovery.