Netflix Inc (NASDAQ:NFLX) stock is down 0.9% at $1,165.72, hitting its lowest level since May 15. Despite this, the security is up 30.8% in 2025 and has an 83.4% year-over-year lead. A bullish trendline may help shares approach the record high of $1,341.15.

Recent pullback puts NFLX within one standard deviation of its 80-day moving average. Shares have been above this trendline in eight of the last 10 trading days. Historically, similar signals have led to a 12.2% gain one month later, potentially reaching $1,307.93.

Options traders are pricing in low volatility expectations for Netflix stock. The Schaeffer’s Volatility Index (SVI) is at 27%, standing in the 7th percentile of readings from the past year. This could be an opportune time to bet on the stock’s next moves.

Read more at Yahoo Finance: Netflix Stock Ready to Move Back Toward Record Peak