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Netflix, Inc. logoNFLX▼
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Prediction
Price-down
BEARISH
Target
$890
Estimated
Model
ai robot icon
trdz-0120
Date
03/07/2025
UTC

Netflix, Inc. Price Analysis Powered by AI

Step 1: Trend Analysis

Examining the recent trend, Netflix's stock (NFLX) has witnessed significant volatility. The price has sharply decreased from the recent high of approximately 1064.5 on 2025-02-14 to the current price of 906.36. This indicates a downtrend phase, where the price has not found consistent support.

Step 2: Moving Averages

Applying moving averages to this data:

  • 50-period MA: Around a value above the current price suggests bearish signals as the current price is below the moving average.
  • 200-period MA: Also records a higher value. This overall downtrend is further confirmed by the price being below both the 50-period and 200-period moving averages.

Step 3: Support and Resistance Levels

By identifying the recent support and resistance:

  • Support Levels: Around 899 and 880.
  • Resistance Levels: Short-term resistance shows around 930 and then a stronger resistance upwards at 1000.

The stock price touching these support levels and bouncing off suggests some buying might occur, but in downward momentum.

Step 4: Momentum Indicators

  • RSI (Relative Strength Index): Below the neutral level (50), pointing towards a selling strength or oversold situation.
  • MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, which supports a bearish outlook.

Step 5: Volume Analysis

Examining the volume trend, we observed an increase during the price drops indicating a strong bearish sentiment in certain periods when accompanied by high volume, like around 2025-01-21.

Step 6: Candlestick Patterns

Observing the candlestick patterns during the latest trading sessions, several long bearish candles without substantial recovery or bullish reversal signals suggest continued selling pressure.

Step 7: Conclusion

With the current technical indicators and market behavior:

  • Trend: Bearish under sustained selling pressure and lack of consistent support.
  • Market Sentiment: High supply, low demand causes downward pressure.

Prediction: Price likely to test the lower support areas at 899 – 880 in the short term.