Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $47.9300 (0.71%) ($47.4100 - $48.3400) on Thu. Jun. 7, 2018. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.19% (three month average) | RSI | 42 | Latest Price | $47.9300(0.71%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NTES advances 1% a day on average for past five trading days. | Weekly Trend | NTES declines -0.1% a week on average for past two weeks. | Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. | Correlated ETFs | Broad market will support NTES advance at 0% a week (0% probability) KWEB(75%) MCHI(71%) FXI(68%) EEM(60%) VWO(56%) | Factors Impacting NTES price | NTES will decline at least -1.095% in a week (0% probabilities). VXX(-13%) UUP(-8%) VIXM(-7%) TLT(-3%) SHY(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.095% (StdDev 2.19%) | Hourly BBV | 0 () | Intraday Trend | 0.9% | | | |
|
Resistance Level | $48.39 | 5 Day Moving Average | $47.43(1.05%) | 10 Day Moving Average | $46.52(3.03%) | 20 Day Moving Average | $48.39(-0.95%) | To recent high | -26.7% | To recent low | 7.4% | Market Cap | $6.566b | | | | NetEase, Inc. engages in the provision of online internet technology services. It operates through the following business segments: Online Games, E-commerce, Advertisign Services, and E-Mail and Others. The Online Games segment offers multi-player online role-playing games and mobile games. The E-commerce segment provides online selling and payment platform, e-reading applications, matchmaking services, online music, social network, personalized photo-based products, and online game-related accessories. The Advertising segment involves banner advertising, channel sponsorships, direct e-mail, interactive media-rich sites, sponsored special events, games and contests. The E-Mail Services segment comprise free and fee-based premium e-mail services. The company was founded by Lei Ding in June 1997 and is headquartered in Beijing, China. |