Netflix Inc. (NFLX)
Netflix’s weak relative positioning contrasts with an improving Media sector. The shares rank 474 out of 503 in the SIA S&P 500 Index Report’s Unfavored Zone, down 87 positions over the past month, with an SIA SMAX Score of 0/10.
NFLX entered the Unfavored Zone on April 23, 2026 at $92.82. The recent close of $67.05 represents a decline of 28% since that entry. Its latest Point & Figure signal is a Bearish Double Bottom, with support at $59.57 and further support at $55.04. Initial resistance stands at the 3-box reversal level of $71.20, followed by $78.61.
Media, meanwhile, is classified as Favored in the SIA Sector Report. The sector ranks 8 out of 31, having climbed 13 positions over the past quarter. Netflix’s low report position and declining price performance stand apart from that stronger sector backdrop.
Netflix has underperformed the iShares Core S&P 500 ETF Fund (IVV) across all three reported periods. The shares fell 11.33% monthly, compared with the benchmark’s 0.03% decline. Quarterly, Netflix lost 5.21% while IVV gained 3.58%; year to date, the shares declined 30.62% against a benchmark advance of 14.67%. The combination of absolute losses, benchmark underperformance and weaker report positioning keeps the technical assessment cautious, even within a Favored sector. That stock-specific weakness remains relevant to the broader evaluation of portfolio exposure and risk.
Netflix is a subscription-based entertainment service offering TV series, films, games and live programming across a wide variety of genres and languages.
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