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NFLX Price Prediction: Sitting Below All Five Moving Averages as Market-Order Selling Outpaces Buying

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NFLX Price Prediction: Sitting Below All Five Moving Averages as Market-Order Selling Outpaces Buying

The NFLX contract on Binance Futures was quoted at $62.34 on November 2, 2026, trailing its 7-day, 20-day, and 50-day simple moving averages and both tracked exponential moving averages, while one-...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

Binance Futures data places the NFLX contract at $62.34 as of November 2, 2026, a 0.19% gain over the prior 24 hours within a range of $62.10 to $62.45. Volume on the contract totaled $704,735 over that period.

The current quote falls below all five tracked moving averages. Listed from closest to farthest: the 7-day SMA at $62.36, the EMA 12 at $63.79, the 20-day SMA at $66.02, the EMA 26 at $66.07, and the 50-day SMA at $69.23. The gap between the current price and the 50-day SMA — derived by subtracting $62.34 from $69.23 — amounts to $6.89, or approximately 11.1%. None of the five averages in the supplied dataset sits below the current quote.

The 14-period daily RSI, per Binance Futures-derived data, was 31.06 on November 2, 2026, labeled neutral in the source data. Numerically, this is close to the conventional 30-level threshold. The stochastic oscillator recorded %K at 8.86 and %D at 7.08, both in territory that is conventionally associated with potential mean-reversion conditions.

0000. In this configuration, the gap between the MACD line and its signal line is zero — bearish momentum has stopped widening but has not turned upward, and no bullish crossover is present in the supplied data.


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