NFLX technical analysis
NFLX Technical Analysis
Analysis date
August 4, 2026
Market
NasdaqGS (USD)
Daily cutoff
August 3, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
NFLX Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- NFLX
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- August 3, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 73.33 | August 3, 2026 | - | Verified |
| Verification series | 73.33 | August 3, 2026 | 0.00% | Verified |
Bottom line
NFLX Technical Analysis Summary
NFLX bounced 2.26% on the latest completed session to close at 73.33, back above the daily SMA20 at 72.17. The daily RSI at 49.82 has recovered from oversold into neutral territory and the daily MACD histogram is positive at 0.67, pointing to decelerating downside momentum. However, price remains below the SMA50 at 76.82 and the SMA200 at 91.06, so the intermediate downtrend is not resolved. The weekly chart is the key: price at 71.71 is sitting almost exactly on the weekly SMA200 at 71.22, with weekly RSI at 34.70 near oversold and a still negative weekly MACD histogram at -1.15. A weekly close below 71.22 would open the path toward the 52-week low at 65.08, while a reclaim of the SMA50 at 76.82 would be the first signal that the recovery is building a base.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 3, 2026)
- Trend
- Mixed but stabilizing. Price at 73.33 is above SMA20 (72.17) after a 2.26% bounce, but remains below SMA50 (76.82) and SMA200 (91.06). The SMA20 has been below the SMA50 since the intermediate decline, and both remain below the declining SMA200, so the dominant trend is still down. The reclaim of SMA20 is the first constructive sign, though not yet a trend change.
- Momentum
- Neutral to improving. RSI14 at 49.82 has recovered from the oversold zone to neutral. MACD at -1.25 is still below zero but above the signal line at -1.92, with a positive histogram of 0.67 that shows bearish momentum decelerating. The MACD line remains negative, so momentum is recovering rather than confirmed bullish.
- Volatility
- Moderate. ATR14 at 2.55 (3.48% of price) reflects normal daily range. Bollinger Bands (67.04 to 77.30) show price reclaiming the middle band at 72.17 after dipping toward the lower band during the late-July low.
- Volume
- Below average. Latest volume of 33,868,600 is 69.8% of the 20-period average (48,511,175), suggesting the bounce is happening on lighter participation, which limits conviction until volume expands.
Assessment
The daily chart shows a short-term recovery in progress. Price is back above SMA20, RSI has normalized, and the positive MACD histogram supports a stabilization story. The unresolved piece is the intermediate trend, with SMA50 at 76.82 and SMA200 at 91.06 overhead. A daily close above 76.82 on above-average volume would meaningfully improve the outlook, while the 20-day and 52-week low at 65.08 remains the key downside reference.
Weekly (July 27, 2026 week)
- Trend
- Bearish leaning with one structural defense. Price at 71.71 is below SMA20 (84.67) and SMA50 (95.69), but remains just above SMA200 (71.22). The SMA200 has been flattening while the SMA20 and SMA50 decline, confirming the intermediate downtrend. The 252-week return of +16.95% reflects the longer-term uptrend, while the 60-week return of -42.24% shows the scale of the recent decline.
- Momentum
- Bearish but close to oversold. RSI14 at 34.70 is approaching oversold territory. MACD at -6.83 with signal at -5.68 and a negative histogram of -1.15 confirms bearish momentum persists on the weekly scale, with no sign yet of a momentum bottom.
- Volatility
- Moderate to elevated. ATR14 at 6.16 (8.59% of price) reflects wide weekly ranges during the decline. Bollinger Bands (64.84 to 104.50) are wide, and price is trading near the lower band, consistent with a stock under persistent selling pressure.
- Volume
- Slightly above average. Weekly volume of 220,097,100 is 107.4% of the 20-week average (204,995,615), showing continued participation in the down move rather than exhaustion.
Assessment
The weekly chart is the decisive frame. Price is testing the long-term SMA200 at 71.22, the last major line of defense. A weekly close below 71.22 would confirm structural deterioration and likely expose the 65.08 low zone. Weekly RSI near oversold suggests a bounce is possible, but the negative MACD histogram provides no confirmation of a bottom, and above-average volume in the down week argues against calling an early reversal.
Key indicators
NFLX Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 49.82 | 34.70 |
| MACD (12, 26, 9) | -1.25 / -1.92 / +0.67 | -6.83 / -5.68 / -1.15 |
| ATR (14) | 2.55 (3.48%) | 6.16 (8.59%) |
| Bollinger Bands (20, 2) | 67.04 - 77.30 | 64.84 - 104.50 |
| SMA (20) | 72.17 | 84.67 |
| SMA (50) | 76.82 | 95.69 |
| SMA (200) | 91.06 | 71.22 |
Price structure
NFLX Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 73.33 | 71.71 |
| 1-Period Return | +2.26% | +2.31% |
| 5-Period Return | +4.16% | -2.85% |
| 20-Period Return | -3.54% | -24.76% |
| 60-Period Return | -16.93% | -42.24% |
| 252-Period Return | -36.75% | +16.95% |
| 52-Week Low | 65.08 | 65.08 |
| 52-Week High | 126.71 | 126.71 |
| 52-Week Position | 13.39% | 10.76% |
Key levels
NFLX Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 78.19 | 108.95 |
| 20-Period Low | 65.08 | 65.08 |
| 60-Period High | 91.48 | 134.12 |
| 60-Period Low | 65.08 | 65.08 |
Scenarios
NFLX Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price holds above 65.08 (20-day, 60-day, and 52-week low) and reclaims SMA50 at 76.82 on above-average volume, followed by a move above 78.19 (20-day high).
Invalidation
Price breaks below 65.08 and a weekly close below the weekly SMA200 at 71.22.
What to watch
Daily MACD histogram staying positive and expanding; RSI holding above 50; volume expanding on up days; weekly RSI turning up from near oversold.
Range-Bound
Trigger
Price oscillates between 65.08 support and resistance around SMA50 at 76.82 to the 20-day high at 78.19.
Invalidation
A decisive break of either boundary with sustained volume.
What to watch
RSI staying between 40 and 60; volume staying below average; Bollinger Bands narrowing; SMA50 flattening instead of continuing to decline.
Bearish
Trigger
Price breaks below 65.08 (52-week low), confirmed by a weekly close below the weekly SMA200 at 71.22.
Invalidation
Price reclaims 76.82 (SMA50) and holds above it for multiple sessions.
What to watch
Weekly MACD histogram turning more negative; RSI dropping below 30 and staying there; accelerating downside volume; negative earnings or subscriber catalysts.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.
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