Netflix stock is attempting to stabilize after one of its roughest stretches in years. Yet the daily chart signals unfinished business. Shares at $73.33 sit above the EMA20 but far below the EMA200 at $90.44. This frames a recovery attempt inside a structurally damaged trend — not a confirmed turnaround.

Key takeaways

• Netflix stock closed at $73.33, above the daily EMA20 ($72.54) but far below the EMA200 ($90.44).
• Daily RSI14 sits at 49.82 — dead neutral — with no directional conviction in either direction.
• The 1H chart shows a bullish MACD crossover, but the daily trend remains structurally bearish.
• A break above $74.13 would confirm a genuine recovery attempt;…