Welcome to our comprehensive weekly analysis of Netflix (NASDAQ:NFLX) for Week 2, February 2026. This post delivers a data-driven review of NFLX’s current price action, technical structure, recent news, and actionable trading scenarios for the week ahead. Whether you’re a trader, investor, or market observer, this analysis will equip you with the key insights and probabilities shaping Netflix’s near-term outlook. 📈

📊 Weekly Chart Review: Bearish Momentum Dominates

• Trend: NFLX remains in a downtrend, trading below both its 10-week and 20-week moving averages.

• Momentum: The RSI is at 27.78, deep in oversold territory, signaling weak buying strength and persistent selling pressure.

• Pattern: Price action forms a descending channel with lower highs and lower lows, confirming the bearish structure.

• Volume: Volume has increased on down moves, further validating the dominance of sellers.

📰 Latest News & Fundamental Context

• Q4 2025 Earnings Beat: Netflix reported solid Q4 2025 earnings, exceeding expectations on both revenue and profit, which helped stabilize sentiment after a 40% drop from summer 2025 highs. [MarketBeat]

• 2026 Guidance & Growth: Management projects 12–14% revenue growth for 2026, with ad revenues expected to double and operating margins targeted at 31.5%. [Zacks]

• Strategic Moves: Netflix submitted a revised all-cash bid to acquire Warner Bros. Discovery, introducing both opportunity and regulatory uncertainty. [AOL]

🔍 Technical Analysis: Support, Resistance, and Indicators

• Support: The $80.00 level is a critical psychological and technical support. A break below could accelerate downside toward $70.00.

• Resistance: $86.50 is the nearest major resistance, with $90.00 as a secondary ceiling. Bulls need a weekly close above $90.00 to shift the bias to neutral or bullish.

• MACD: The MACD remains negative, confirming bearish momentum. No bullish crossover is present.

• Volume: Persistent high volume on down days suggests institutional selling rather than retail panic.

• Pattern: The descending channel structure remains intact. Watch for a breakout or breakdown to signal a trend change.

💡 Fundamental & News Impact

• Positive Catalysts: Strong Q4 earnings and robust 2026 guidance provide a fundamental floor, but the market is awaiting further confirmation from price action.

• Risks: The Warner Bros. Discovery acquisition bid introduces regulatory risk and integration uncertainty, which could weigh on sentiment in the short term.

• Valuation: NFLX trades at a forward P/E of 26.88, above the sector average, reflecting growth optimism but also leaving room for volatility if targets are missed.

• Analyst Sentiment: Consensus remains bullish with a 12-month price target of $111.84, but near-term technicals suggest caution.

📅 Scenarios & Actionable Outlook for Week 2, February 2026

Trade Ideas for This Week

• Aggressive: Short at $83.00, stop-loss at $86.50, target $75.00. Rationale: continuation of downtrend.

• Conservative: Wait for a pullback to $86.50 resistance; short $85.00–86.50, stop-loss $90.00, target $80.00.

• Risk Management: Risk 0.5–1% of capital per trade. Use ATR(14-week) to size stop-losses appropriately.

📈 Weekly Summary Table

📝 Final Thoughts

Netflix enters Week 2 of February 2026 with a technically bearish setup, despite strong fundamentals and positive analyst sentiment. The market is watching for a decisive move either below $80.00 (bearish continuation) or above $90.00 (potential reversal). Traders should remain disciplined, manage risk, and watch for news on the Warner Bros. Discovery acquisition, which could introduce volatility. As always, this analysis is for informational purposes only and not financial advice. 📚

Disclaimer: This post is for informational purposes only and does not constitute financial advice. Please consult a licensed professional before making investment decisions.