What chart pattern is ChartPattern.io tracking on Netflix?
ChartPattern.io is currently tracking Rounding Bottom on Netflix in the Communication Services stock.
Live Communication Services stock scanner page for Netflix. Review the rounding bottom setup, chart structure, and trade levels in one place.
Technical analysis of Netflix (NFLX) reveals a significant setup. Currently at $76.01, the asset is showing downward momentum (-0.03%). Price action has carved out a classic Rounding Bottom. The trend indicator is reading 24.3/100, suggesting moderate momentum. A potential breakout level is identified at $83.6, targeting $102.12 with support near $74.34 (R:R 2.0).
NFLX is part of the Communication Services stock on ChartPattern.io. The scanner currently highlights Rounding Bottom as the leading setup, with an entry near $83.60, a stop around $74.34, and a target near $102.12.
Rounding Bottom
56/100 CP Index
Entry $83.60 · Stop $74.34 · Target $102.12
Will the Rounding Bottom hold or fail? Plot your targets on the chart.
Gradual reversal from bearish to bullish.
What is your outlook on NFLX?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on NFLX.
ChartPattern.io is currently tracking Rounding Bottom on Netflix in the Communication Services stock.
The current trade plan points to an entry near $83.60, a stop near $74.34, and a target near $102.12.
Netflix currently leans neutral. The page is showing a CP Index of 56/100, which helps summarize the current technical setup.