NFLX – Bearish Divergence Playing Out, $1,177 in FocusThis is a follow-up to my June 7 post where I highlighted a high-probability bearish divergence setup on Netflix. Since then, price has rejected from the supply zone and is now hovering above the critical $1,177 structure support.
🔍 What’s changed:
📉 Bearish divergence confirmed — price rejected th
Key facts today
Netflix's stock has risen 27% since April, with analysts forecasting sales growth of 7% to 18% in the next year, outpacing the S&P 500's expected 6% growth.
Wedbush has increased its price target for Netflix (NFLX) to $1,400 from $1,200, while continuing to maintain an 'Outperform' rating.
In May 2025, Netflix held a 7.5% share of total TV viewing, ranking second among streaming services, as streaming surpassed traditional TV for the first time.
450 ARS
7.98 T ARS
35.60 T ARS
About Netflix, Inc.
Sector
Industry
Website
Headquarters
Los Gatos
Founded
1997
ISIN
ARBCOM4601D2
FIGI
BBG00PD5WBY1
Netflix, Inc operates as a streaming entertainment service company. The firm provides subscription service streaming movies and television episodes over the Internet and sending DVDs by mail. It operates through the following segments: Domestic Streaming, International Streaming and Domestic DVD. The Domestic Streaming segment derives revenues from monthly membership fees for services consisting of streaming content to its members in the United States. The International Streaming segment includes fees from members outside the United States. The Domestic DVD segment covers revenues from services consisting of DVD-by-mail. The company was founded by Marc Randolph and Wilmot Reed Hastings Jr. on August 29, 1997 and is headquartered in Los Gatos, CA.
Profit taking on Netflix for the summer, only to buy in lowerNASDAQ:NFLX is still in a strong high time frame uptrend, I'm not saying the stock has turned bearish overall, however profits need to be taken when trading and this is one of those times.
I'd prefer to buy back in closer to $1,000 if possible though either way I'll keep 33% of my stack.
Netflix (NFLX) RSI Bearish Divergence Setting Up Major Rever📈 Summary:
Netflix has rallied +44% in just 60 days, entering a steep, parabolic move. However, technical exhaustion signs are now flashing across multiple indicators — suggesting a potential near-term top may be forming.
🔍 Key Technical Observations:
1. Bearish RSI Divergence
The
NFLX Goes ParabolicIf you look at the monthly chart for NFLX, you will see how NFLX has screamed to new ATH over the last few weeks. Analysts have increased Netflix's price target to an absurd $1400+ while P/E sits at a very high 57.60. Over the next few weeks, I am expecting the broader market to selloff into July an
Bearish NFLXBearish Outlook on NFLX Despite Uptrend
While Netflix's stock has shown impressive growth- up 92%
over the past year and 37% year-to-date - I maintain a
bearish perspective due to several fundamental and technical
concerns:
1. Overvalued P/E Ratio:
Netflix is currently trading at a forward P/E ra
NFLX heads up into $1230: Major Resistance zone may give a DipNFLX has been on a tear but nearing a major resistance.
$1215.37 is a Golden Covid fib forming bottom bound.
$1231.61 is a minor Genesis fib forming the top bound.
It is PROBABLE that we see a dip from there.
It is POSSIBLE to consolidate within the zone.
It is PLAUSIBLE to break-and-retest to go m
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
NFLX5862368
Netflix, Inc. 5.4% 15-AUG-2054Yield to maturity
5.72%
Maturity date
Aug 15, 2054
NFLX5862367
Netflix, Inc. 4.9% 15-AUG-2034Yield to maturity
4.84%
Maturity date
Aug 15, 2034
NFLX4901374
Netflix, Inc. 4.875% 15-JUN-2030Yield to maturity
4.53%
Maturity date
Jun 15, 2030
USU74079AN1
NETFLIX 19/29 REGSYield to maturity
4.51%
Maturity date
Nov 15, 2029
NFLX4826528
Netflix, Inc. 5.875% 15-NOV-2028Yield to maturity
4.30%
Maturity date
Nov 15, 2028
NFLX4908613
Netflix, Inc. 6.375% 15-MAY-2029Yield to maturity
4.30%
Maturity date
May 15, 2029
NFLX4764899
Netflix, Inc. 4.875% 15-APR-2028Yield to maturity
4.26%
Maturity date
Apr 15, 2028
US64110LAN64
NETFLIX 4.375% CALL 15NV26Yield to maturity
4.21%
Maturity date
Nov 15, 2026
XS198938050
NETFLIX 19/29 144AYield to maturity
3.48%
Maturity date
Nov 15, 2029
XS207282979
NETFLIX INC. 19/30 REGSYield to maturity
2.85%
Maturity date
Jun 15, 2030
XS198938017
NETFLIX 19/29 REGSYield to maturity
2.76%
Maturity date
Nov 15, 2029
See all NFLX bonds
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