A sharp drop followed by a small bounce; a break below the consolidation usually means the downtrend resumes.
Netflix (NFLX) Technical Analysis: Support, Resistance & Pivot Today (Oct 28, 2026)
What drives the technical score
- Intraday view is bullish
- Price below the 20-day average
- Daily RSI 31, weak momentum
- Daily MACD below its signal line
- 5-day down 9.0%
- Active bear flag pattern on the chart
- Daily view is bearish
- Price below the 50-day average
- 20-day average below the 50-day
- 20-day down 11.1%
- Daily MACD below zero
- Weekly MACD above its signal line
- Price below the 40-week average
- 10-week average below the 40-week
- 6-month down 32.1%
- Weekly RSI 23, weak momentum
The technical score combines several pieces of technical evidence, including moving-average position, momentum, recent performance, our level views and active chart patterns; more filled segments mean the evidence agrees more strongly. Support and resistance are the nearest levels from the intraday and short-term views. For reference only; not investment advice.
Netflix (NFLX): Bullish above the pivot
Our preference
Above 61.68, look for a move towards 63.67.
Alternative scenario
Below 61.68, expect 60.73 and 60.17.
Comment
As long as price holds above the pivot, the upside structure remains intact. RSI is at 27 and MACD is above its signal line.
Full level ladder
| Resistance 3 | 64.81 |
| Resistance 2 | 64.24 |
| Resistance 1 | 63.67 |
| Price | 62.39 |
| Pivot | 61.68 |
| Support 2 | 60.73 |
| Support 3 | 60.17 |
Netflix (NFLX): Target level as a potential turning point
Our preference
Below 75.94, look for a move towards 64.58.
Alternative scenario
Above 75.94, expect 80.62 and 83.40.
Comment
Price is approaching our first target at 64.58, which may trigger a pullback; a clear break below it would open the way to 61.88. RSI is at 31 and MACD is below its signal line.
Full level ladder
| Resistance 3 | 83.40 |
| Resistance 2 | 80.62 |
| Pivot | 75.94 |
| Price | 62.39 |
| Support 1 | 64.58 |
| Support 2 | 61.88 |
| Support 3 | 59.18 |
AI market story
Updated 2026-10-28 05:18 UTC+8Netflix breaks below key moving averages as momentum weakens
Netflix trades at 62.39, down 2.95% in one day, 8.54% over five days and 7.73% over twenty days. It sits below the 20-day average of 68.37 and 50-day average of 73.58, with daily RSI at 31 and MACD below its signal line.
Price journey: up or down lately?
It is falling. The stock lost 2.95% in one day, 8.54% over five days and 7.73% over twenty days, and at 62.39 it is close to the twenty-day low of 62.75.
Trend: which way is the bigger picture pointing?
The bigger direction is down. Price is below both the 20-day average of 68.37 and the 50-day average of 73.58, and the short, medium and long-term technical read is bearish.
Momentum: gaining or losing strength?
Momentum is weakening. Daily RSI fell from 44 five days ago to 31, MACD is below its signal line, and the histogram has widened for three straight days.
Key levels: which prices matter next?
Watch 61.68 and 62.75. A break under 61.68 would weaken the intraday bullish view, while 63.67 and 64.24 are upside targets and 75.94 is the daily pivot.
Patterns: what is forming on the chart?
A bearish flag is forming on the 15-minute chart, targeting 62.10 and invalidated at 62.75, so price needs to stay below 62.75.
FOMC and core PCE back-to-back lift Netflix event risk
The key event is the FOMC decision on 10-29 at 02:00, with the lower bound expected at 3.75 and the upper at 4, both unchanged. Core PCE for September is due at 20:30, expected at 0.3 versus 0.2 prior, alongside Google and Microsoft earnings calls.
What is coming up on the calendar?
The FOMC decision lands on 10-29 at 02:00, with the lower bound expected at 3.75 and the upper at 4, both matching prior values. Google and Microsoft earnings calls follow at 04:30 and 05:00.
This content was generated with the assistance of AI from the Borearis Research Team's market data and analysis. For reference only; not investment advice. How we produce this content
Volatility stop
Netflix (NFLX) is below its daily short trailing stop. Short positions can reference 68.66 (9.14% away); it only moves down. A daily close above 68.66 signals the trend is strengthening.
Calculated from the 22-day high (low) minus (plus) 3 times the average true range on the daily chart, and it only moves in the trend's favour. A common trailing-stop method, for reference only; not investment advice.
Thick line = trailing stop (green uptrend, red downtrend); vertical line = latest trend change; last 90 daily bars
Technical picture
- Price is below the 20- and 50-day moving averages, a weak medium-term structure.
- Daily RSI is 31, soft momentum.
- Daily MACD is below its signal line; daily momentum is down.
- Price is inside the daily Bollinger Bands (62.28 to 73.74).
Related economic events this week
| 10-27 22:00 | United States Oct Richmond Fed Manufacturing Index | -2 |
| 10-27 22:00 | United States Oct Conference Board Consumer Confidence Index | 91.7 |
| 10-29 02:00 | United States FOMC Rate Decision (Lower Bound) High | 3.75 |
| 10-29 02:00 | United States FOMC Rate Decision (Upper Bound) High | 4 |
| 10-29 04:30 | United States Alphabet Q3 Earnings Call High | — |
| 10-29 05:00 | United States Microsoft Q3 Earnings Call High | — |
| 10-29 20:30 | United States Sep Core PCE Price Index MoM High | 0.3 |
| 10-29 20:30 | United States 3Q Real GDP Annualized QoQ Prelim High | 3 |
Times in UTC+8. Grey = forecast. Full economic calendar →
News and sentiment for Netflix (NFLX)
None of the financial news we collected in the last 7 days mentioned Netflix (NFLX) directly.
Trade signals for Netflix (NFLX)
Short-term Signals 30-minute · held a few hours to a day
No recent short-term signals for Netflix (NFLX).
All short-term signals and results →
Swing Signals 1-hour and 4-hour · held a day to a week
No recent swing signals for Netflix (NFLX).
Chart patterns in play for Netflix (NFLX)
FAQ
Where are Netflix (NFLX) support and resistance levels today?
Intraday resistance: 63.67, 64.24, 64.81. Support: 61.68, 60.73, 60.17. Pivot: 61.68 (updated Oct 28, 2026 15:09 UTC+8).
Is Netflix (NFLX) bullish or bearish now?
Intraday: bullish. Short-term (daily): bearish. Bullish above 61.68, targeting 63.67 and then 64.24.
How has Netflix (NFLX) been trading lately?
Netflix breaks below key moving averages as momentum weakens. Netflix trades at 62.39, down 2.95% in one day, 8.54% over five days and 7.73% over twenty days. It sits below the 20-day average of 68.37 and 50-day average of 73.58, with daily RSI at 31 and MACD below its signal line.
How do I read the Netflix (NFLX) technical score?
Currently short-term bearish, medium-term bearish, long-term bearish. The technical score combines several pieces of technical evidence, such as moving-average position, momentum, recent performance, our level views and active chart patterns, into short-, intermediate- and long-term readings. More filled segments mean the evidence points the same way; neutral means bullish and bearish evidence are balanced.
Where should a stop loss go on Netflix (NFLX)?
Netflix (NFLX) is below its daily short trailing stop. Short positions can reference 68.66 (9.14% away); it only moves down. A daily close above 68.66 signals the trend is strengthening.
Which economic events matter for Netflix (NFLX) next?
FOMC and core PCE back-to-back lift Netflix event risk. The key event is the FOMC decision on 10-29 at 02:00, with the lower bound expected at 3.75 and the upper at 4, both unchanged. Core PCE for September is due at 20:30, expected at 0.3 versus 0.2 prior, alongside Google and Microsoft earnings calls.
What is the pivot?
The pivot is the line in the sand for the view. In a bullish view it sits below price; a close below it invalidates the view and a new set of levels is drawn. The reverse applies to a bearish view.
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