Netflix(NFLX)

Netflix (NFLX) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for NFLX · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$68.53last close · Jul 22, 202652-week range $65.08 – $126.71 · 45.92% below the high

NFLX Falling Wedge Pattern

NFLX is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge usually breaks higher, but NFLX is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $92.57 (−9.5%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; NFLX's own falling wedges have hit 63.6%.

DirectionBearishTarget$92.57Projected move−9.5%Breakout level$102.66

New to this pattern? What a falling wedge is and how to trade it →

NFLX's Most Recent Falling Wedge Trade

NFLX's most recent completed falling wedge (which broke against type) resolved as a win: it broke down on Dec 4, 2025 near $102.34, then reached its target at $92.57 on Dec 10, 2025 — a 9.5% move (+1.32R) over 4 sessions. Across 64 backtested falling wedges, this setup wins 48.4% of the time.

OutcomeWinResult+9.5%R+1.32REntry$102.34Exit$92.57

Learn about falling wedge

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

NFLX win rate

63.6%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

NFLX Pattern Trade History

Every completed pattern trade our nightly backtest found on NFLX's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Falling Wedge	Dec 4, 2025 @ $102.34	Dec 10, 2025 @ $92.57	Win	+9.5% · +1.32R
Falling Wedge	Nov 20, 2025 @ $108.48	Dec 8, 2025 @ $95.86	Win	+12.1% · +1.53R
Rising Wedge	Dec 13, 2024 @ $91.68	Jan 10, 2025 @ $86.28	Win	+8.1% · +2.17R
Bullish Pennant	May 10, 2023 @ $33.67	Jun 21, 2023 @ $42.45	Win	+31.0% · +4.16R
Rising Wedge	Jan 20, 2023 @ $33.68	Mar 2, 2023 @ $31.19	Loss	+21.6% · -1.06R
Triangle	Dec 15, 2022 @ $29.82	Jan 13, 2023 @ $33.28	Loss	+21.6% · -1.00R
Triangle	Oct 10, 2022 @ $22.47	Oct 19, 2022 @ $27.24	Loss	+15.1% · -2.14R
Bullish Pennant	Jul 15, 2022 @ $18.63	Aug 2, 2022 @ $22.14	Win	+26.2% · +2.12R
Triangle	Apr 1, 2021 @ $52.99	May 5, 2021 @ $49.61	Loss	+19.2% · -1.02R
Falling Wedge	Nov 25, 2020 @ $48.51	Jan 27, 2021 @ $52.33	Win	+13.6% · +1.76R
Bullish Pennant	Aug 18, 2020 @ $48.77	Sep 13, 2021 @ $58.93	Win	+23.3% · +4.79R
Bullish Pennant	Dec 18, 2019 @ $32.29	Feb 24, 2020 @ $36.87	Win	+19.2% · +1.49R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

ALNYAlnylam Pharmaceuticals

Winning trade · +18.8%

Opened Feb 6, 2026

Closed Jul 22, 2026

Open ALNY’s live chart →

Open BA’s live chart →

BDXBecton Dickinson

Winning trade · +2.8%

Opened Jun 25, 2026

Closed Jul 21, 2026

Open BDX’s live chart →

HIIHuntington Ingalls Industries

Winning trade · +13.1%

Opened Jun 1, 2026

Closed Jul 21, 2026

Open HII’s live chart →

Learn about falling wedge

NFLX Support and Resistance Levels

Price was turned away at a ceiling near $110.81 about 3 months ago and has been sliding since. On the weekly chart, the next floor below sits near $61.29 — still about 11% away.

Traders commonly watch $61.29 as a target (its 61.8% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $110.81 ceiling about 3 months ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

NFLX Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$69.37	$70.57	$68.35	$68.53
Jul 21, 2026	$67.42	$68.75	$66.73	$68.67
Jul 20, 2026	$68.32	$68.38	$66.69	$67.60
Jul 17, 2026	$65.48	$69.49	$65.08	$68.95
Jul 16, 2026	$73.95	$74.68	$72.94	$74.35
Jul 15, 2026	$73.79	$75.06	$73.13	$73.68
Jul 14, 2026	$72.64	$74.01	$72.28	$73.53
Jul 13, 2026	$73.90	$75.45	$73.71	$73.83
Jul 10, 2026	$75.44	$75.70	$72.51	$73.37
Jul 9, 2026	$74.30	$75.55	$74.02	$75.47

NFLX Frequently Asked Questions

What chart pattern is NFLX forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Netflix (NFLX) on the daily chart, with a measured-move target of $92.57.

Is a falling wedge bullish or bearish?

The falling wedge detected on NFLX is a bearish pattern, projecting a measured-move target of $92.57. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a falling wedge pattern, and what is its win rate?

Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

What is the price target if NFLX's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $92.57 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was NFLX's closing price on Jul 22, 2026?

Netflix (NFLX) last closed at $68.53 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.