NetflixNFLX

Netflix (NFLX) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for NFLX · data as of Aug 28, 2026. The chart above is live; the read below updates daily.

$81.72last close · Aug 28, 202652-week range $65.08 – $126.71 · 35.51% below the high

NFLX falling wedge pattern

NFLX is currently forming a falling wedge on the daily timeframe. Detected Aug 28, 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 $91.45 (−12.4%).

DirectionBearishTarget$91.45Projected move−12.4%Breakout level$104.93

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 resolved as a win: it broke higher on Jul 28, 2026 near $72.73, then reached its target at $77.55 on Sep 8, 2026 — a 6.6% move (+1.01R) over 29 sessions. Across 137,198 backtested falling wedges, this setup wins 42.2% of the time.

OutcomeWinResult+6.6%R+1.01REntry$72.73Exit$77.55

Learn about falling wedge

NFLX pattern trade history

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

PatternEntryExitOutcomeResult
Falling wedgeJul 28, 2026 @ $72.73Sep 8, 2026 @ $77.55Win+9.6% · +1.01R
Rising wedgeMay 5, 2026 @ $89.24Jul 17, 2026 @ $69.78Win+21.8% · +3.57R
Falling wedgeFeb 25, 2026 @ $81.72Mar 12, 2026 @ $94.86Win+17.8% · +1.96R
Falling wedgeFeb 25, 2026 @ $82.95Mar 12, 2026 @ $94.86Win+5.5% · +1.50R
Falling wedgeJan 14, 2026 @ $88.12Jan 21, 2026 @ $84.73Win+3.9% · +0.50R
Falling wedgeJan 7, 2026 @ $91.99Jan 12, 2026 @ $89.69Loss+11.3% · -1.02R
Falling wedgeOct 10, 2025 @ $124.60Oct 17, 2025 @ $118.36Loss+7.3% · -1.16R
Rising wedgeSep 29, 2025 @ $119.35Oct 22, 2025 @ $112.76Win+5.5% · +0.90R
Falling wedgeSep 4, 2025 @ $125.70Oct 2, 2025 @ $116.15Loss+6.7% · -1.29R
Falling wedgeAug 5, 2025 @ $114.73Dec 5, 2025 @ $100.66Win+12.3% · +1.08R
Rising wedgeJun 23, 2025 @ $122.47Jun 23, 2025 @ $124.85Loss+15.7% · -1.00R
Rising wedgeJun 10, 2025 @ $119.93Jun 24, 2025 @ $126.28Loss+3.6% · -1.00R

Falling wedge examples on other charts

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

Learn about falling wedge

NFLX support and resistance levels

Price found a floor near $69.74 about 4 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $119.34 — still about 46% away.

  • Traders commonly watch $119.34 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $69.74 floor about 4 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

NFLX recent daily prices

DateOpenHighLowClose
Aug 28, 2026$80.36$82.35$79.95$81.72
Aug 27, 2026$81.07$81.15$79.28$79.84
Aug 26, 2026$82.05$82.42$81.30$81.46
Aug 25, 2026$79.65$82.46$79.40$82.23
Aug 24, 2026$79.94$80.62$79.02$80.01
Aug 21, 2026$80.29$80.49$79.17$79.59
Aug 20, 2026$80.14$81.08$79.59$80.14
Aug 19, 2026$78.25$81.16$78.10$80.22
Aug 18, 2026$77.43$79.10$76.34$77.77
Aug 17, 2026$77.80$78.53$75.47$76.02

NFLX frequently asked questions

What chart pattern is NFLX forming right now?
As of Aug 28, 2026, TradingPal's detector identifies a falling wedge on Netflix (NFLX) on the daily chart, with a measured-move target of $91.45.
Is a falling wedge bullish or bearish?
The falling wedge detected on NFLX is a bearish pattern, projecting a measured-move target of $91.45. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if NFLX's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $91.45 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was NFLX's closing price on Aug 28, 2026?
Netflix (NFLX) last closed at $81.72 on Aug 28, 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.