The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 4/25/2025 -
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NetFlix Inc (NFLX) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overbought
Daily :Relative Strength Index is overboughtWilliams' Percentage Range and Lane's Stochastic are strongly overboughtThe price has fallen below the Parabolic SARPrice has crossed below the 50 Day Moving Average
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It was a third consecutive positive week for the NetFlix Inc (NFLX). During the week, the NFLX gained 128.97 points, or 13.25%, and closed at 1102.00 on Friday, April 25, 2025. Weekly volume was 97% 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 1107.00 on April 25, 2025. NFLX gained -854.91 points, or -339.13%, in 128 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (493.27) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 1107.00 on April 25, 2025. NFLX gained -762.27 points, or -221.12%, in 79 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 832.17 and resistance is at 1152.78. 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 Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 link to access Williams' Percentage Range help.

The weekly MACD line is below its signal line since March 7, 2025. The distance between MACD and the signal line is low and 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 1107.00 on April 25, 2025. NFLX gained -285.90 points, or -34.82%, in 18 days. Price is near the trend high.

Daily Technical Indicators: [See NFLX daily technical indicators chart]
Daily Relative Strength Index is overbought while Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index or strongly overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following links to access Lane's Stochastic and Relative Strength Index help.

The daily MACD line is above its signal line since April 11, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 87.42
Overbought
Williams' Percentage Range (W%R) 3.50
Strong Overbought
Lane's Stochastic (%D-Slow) 91.13
Strong Overbought
Greed/Fear Indicator (GFI) 91.68
Strong Overbought
Moving Average Converg./Diverg. (MACD) 12.62
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.23
Williams' Percentage Range (W%R) 3.50
Strong Overbought
Lane's Stochastic (%D-Slow) 52.69
Greed/Fear Indicator (GFI) 68.15
Moving Average Converg./Diverg. (MACD) 58.98
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 1152.78
Upper Bollinger Band 1119.27
Price 1102.00
Daily Stochastic Crossing 1096.87
Parabolic System 998.30
Weekly Stochastic Crossing 967.87
50 Day Moving Average 962.69
20 Day Moving Average 957.16
Yearly Trendline Resistance 900.00
Lower Bollinger Band 849.36
Sector and Industry
Description Name Rank
Sector Communication Services 9
Industry Movies & Entertainment 63
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 821.10
Low Date 04/07/2025
High 1107.00
High Date 04/25/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 821.10
Low Date 04/07/2025
High 1107.00
High Date 04/25/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 821.10
Low Date 04/07/2025
High 1107.00
High Date 04/25/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 1152.78
Support 832.17
Low 344.73
Low Date 10/18/2023
High 1107.00
High Date 04/25/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 900.00
Support 493.27
Low 252.09
Low Date 11/07/2022
High 1107.00
High Date 04/25/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.