Netflix, Inc. stock nears $77.89 resistance as Ackman takes new stake

Netflix, Inc. stock is showing a genuine shift in short-term character. Price has reclaimed its 20- and 50-day averages and momentum is turning higher. However, the daily structure still carries scars from a deeper downtrend — and that tension is precisely what makes this setup worth dissecting.

Key takeaways

• NFLX closed at 76.89, above both the 20-day EMA (73.84) and 50-day EMA (76.13).
• Daily RSI14 at 59.02 and a bullish MACD crossover confirm building momentum, with the histogram at 0.71.
• The 200-day EMA remains far overhead at 89.48, keeping the daily regime neutral despite short-term strength.
• Bill Ackman’s Pershing Square disclosed a new stake, stating Netflix “has effectively won the streaming wars.”
• Near-term resistance sits at 77.89 (daily R1), with support at 76.66 (daily pivot) and 75.67 (daily S1).

NFLX Daily Structure: Improving, But Not Yet a Clean Uptrend

Netflix, Inc. stock has improved on the daily chart but has not yet established a clean uptrend. The recovery is constructive, though the longer-term moving average tells a more cautious story.

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