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Archive
- 4/17/2025 -
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NetFlix Inc (NFLX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the NetFlix Inc (NFLX). During the week, the NFLX gained 54.73 points, or 5.96%, and closed at 973.03 on Thursday, April 17, 2025. Weekly volume was 83% above average.
NFLX is a member of Communication Services Sector. Communication Services is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See NFLX long-term trend chart]
A long-term uptrend had started on November 7, 2022 at 252.09 and reached 1065.00 on February 14, 2025. NFLX gained -812.91 points, or -322.47%, in 118 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (491.31) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See NFLX medium-term trend chart]
A medium-term uptrend had started on October 18, 2023 at 344.73 and reached 1065.00 on February 14, 2025. NFLX gained -720.27 points, or -208.94%, in 69 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 825.81 and resistance is at 1142.48. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See NFLX weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since March 7, 2025. The distance between MACD and the signal line is relatively high, but getting smaller. Use the following link to access a MACD help.
 Short-term trend: [See NFLX short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 821.10 and reached 993.45 on April 15, 2025. NFLX gained -172.35 points, or -20.99%, in 8 days. The price is now at the 11.85% retracement level.
 Daily Technical Indicators: [See NFLX daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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