Netflix, Inc.(NFLX) - Stock detail

Netflix, Inc.

US
NFLX
Netflix, Inc.(Listing date: 05/23/2002)

Netflix, Inc. was incorporated in the State of Delaware on August 29, 1997. It is one of the world's leading entertainment service companies, offering a wide variety of TV series, films, and games across different genres and languages. Members can play, pause, and resume watching anytime, anywhere, and can change their plans at any time.

AI Technical AnalystSell
Rating2/10
Generated at:2026-06-03 17:40:55
Analysis data covers Netflix, Inc. (NFLX) on NASDAQ from 2026-03-10 to 2026-06-03 (86 calendar days, 60 trading days). Data includes price action, volume, and technical indicators for the requested 60 trading day range.
Insight

Netflix (NFLX) is in a strong downtrend with overwhelming bearish technical indicators, suggesting continued downside risk.

Resistance
108.94
Support
81.10
Support and resistance are estimated from the latest 60 sessions.
Strategy
  • Short-term:Avoid new long positions; for existing holders, reduce exposure or implement strict stop-loss orders below $80.00. The risk-reward for initiating long positions is poor.
  • Mid-term:Maintain defensive posture; any long-side trades should be considered only as counter-trend, tactical plays with very tight risk parameters. Wait for a sustained move back above the 20-day EMA (~$87.40) on strong volume before considering bullish positions.
  • Long-term:The burden of proof is on the bulls to demonstrate a change in trend. Prudent risk management dictates avoiding long-term investment until significant price reversal signals appear, such as reclaiming the 60-day MA ($92.80) level.

Moving averages

MA 5
84.62
MA 20
87.09
MA 60
92.81
Price
81.52
AI Analysis
  • All key moving averages are in a bearish 'death cross' configuration.
  • The long-term 60-day MA ($92.81) sits well above the shorter-term averages (20-day: $87.09, 10-day: $86.41, 5-day: $84.62).
  • The current close price of $81.52 is trading decisively below all moving averages, confirming a strong and established downtrend.
  • The Exponential Moving Averages (EMA_5: $84.18, EMA_10: $85.64, EMA_20: $87.40) tell a similar story, with the price below all EMAs, indicating sustained selling pressure.

Volume

Volume
36.44M
20D Avg
33.30M
Institution
-
Participation
-
AI Analysis
  • Volume has been elevated during key down moves, confirming the bearish sentiment.
  • Volume spiked to 125.49M shares on 2026-04-17 on the large gap down, indicating institutional selling or panic capitulation.
  • Volume of 51.65M shares accompanied a break below $90 on 2026-05-05.
  • Volume increased to 42.76M and 36.44M respectively on 2026-06-02 & 2026-06-03 as the price broke below $85 and $83, suggesting selling pressure remains active.
  • High volume on down days and relatively lower volume on minor up days is characteristic of a healthy (bearish) downtrend.

MACD

MACD
-2.19
Signal
-1.84
Hist
-0.35
Trend
-
AI Analysis
  • The MACD line (-2.1877) is significantly below its signal line (-1.8413), resulting in a negative MACD histogram (-0.3464).
  • This is a classic bearish signal, indicating that downward momentum is accelerating.
  • The negative and widening histogram suggests that the downtrend is gaining strength.

Bollinger bands

Upper
91.05
Middle
87.09
Lower
83.12
Width
9.11%
AI Analysis
  • The price ($81.52) has broken below the lower band ($83.12), which is typically a sign of an oversold condition or a continuation of a strong downtrend.
  • The bands are widening (Upper: $91.05, Lower: $83.12, Middle/20-day MA: $87.09), indicating increased volatility, which is common during sharp declines.

RSI

RSI(14)
27.23
RSI(6)
12.35
Overbought
70+
Oversold
30-
AI Analysis
  • Both the standard RSI (14-period) at 27.23 and the more sensitive RSI_6 at 12.35 are deep in oversold territory (below 30).
  • An RSI_6 reading of 12.35 is extremely oversold and often precedes a technical bounce or consolidation.
  • However, oversold conditions can persist in a strong downtrend, so this signal alone is not a buy trigger.

KDJ

K
9.37
D
18.20
J
-8.30
Trend
-
AI Analysis
  • The KDJ values (K: 9.37, D: 18.20, J: -8.30) are all extremely low.
  • A J-value below 0 is a strong oversold signal.
  • The K-line being below the D-line confirms the bearish momentum, but such extreme readings can foreshadow a near-term reversal attempt.

Chip distribution

How chip distribution helps you?
Chip distribution summary
  • Virtually the entire estimated holder base is underwater, creating massive overhead supply that will act as a persistent headwind for any rally.
  • The chip distribution is an estimate based on historical OHLC and turnover data, using a volume-based proxy for turnover rate.
  • The average cost for estimated holders is $91.01.
  • With the current price at $81.52, the profit ratio is 0.00%, meaning virtually the entire estimated holder base is 'underwater' (holding at a loss).
  • This creates a massive overhead supply of potential sellers waiting for a price rebound to break even, which will act as a persistent headwind for any rally.
  • The 90% cost range is estimated between $83.01 and $99.01.
  • The price has now broken below the lower bound of this key cost concentration zone ($83.01).
  • This is a very bearish development, as it suggests a large majority of recent buyers are now in a losing position, which can lead to further panic selling or demoralization, removing a layer of potential support.
No chart data

Data is estimated based on turnover rate, high, low, open, and close prices. Profit ratios may vary significantly across different brokerage tools.