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$NFLX

The Investor Channel on $NFLX (Oct 30, 2026)

AI summary · The Investor Channel

Netflix confirmed a new lower low in a downward trend, down about 50% from its 130-range peak in June and July of last year. It trades below all moving averages, which now act as resistance on any rally, though a minor technical bounce may come very soon.

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The Investor ChannelPublished Oct 30 · 8 passages

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This is not just targeting YouTube, but probably Netflix as well, since our attention spans are limited to a certain number of minutes per day.

Turning to Netflix, did the stock see a buying rush? both. Stocks started the week at around $66. Stocks headed for a decline again, falling by about 5.7% and ending the week at around $62.

There wasn't much news from Netflix this week, although they did hire Steve Wilson, formerly of Apple Podcasts, to head their podcast division, a new release.

We'll see what Netflix decides to do in the podcasting space, which is already crowded not only with Spotify but also with Apple; But it seems that Netflix is also venturing into this area.

Netflix has just hit a new low in a downward trend. Unfortunately, since the peaks the stock reached in June and July of last year, I mean the stock peaked in the 130 range, it has since lost 50% of its value.

It has just confirmed a new lower low. You are now below all your moving averages, which means that whenever you try to rise to reach them, and any time your averages start to turn negative as happened with Netflix, it becomes difficult to climb up to them.

It provides a level of resistance during the ascent. It represents a support level during a decline. Netflix has just confirmed a new low, although you may see a minor technical bounce very soon .

This graph has become more like Netflix than anything else . Now, as you can see here, companies like Google and Netflix are still below their moving averages, and you have to fight to get past that. You have to make your way with difficulty.

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