Netflix stock trades at $61.87, down 1.04%, below daily support

Image: The Cryptonomist
Netflix stock shows a bearish daily setup despite a positive 15-minute MACD histogram. Price trades below all three daily exponential averages and the lower Bollinger band. The hourly chart supports that bearish bias, while the shorter timeframe offers only a limited counterpoint. Key takeaways Netflix was trading at $61.87 as of 12:08 ET on Wednesday, October 28, 2026, down 1.04% from the previous close of $62.52. Daily RSI14 is 30.06, approaching the oversold threshold, while the daily MACD histogram is -0.61. Price holds below the daily lower Bollinger band at $62.25 and below daily S1 at $62.04. The 15-minute MACD histogram is 0.01, up from -0.01 on the preceding candle, with 15-minute RSI14 at 33.07. Daily ATR14 is $2.05, down from $2.13 on the previous daily candle.
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