Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $89.5700 (-1.44%) ($89.4000 - $91.4600) on Wed. Oct. 14, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.09% (three month average) | RSI | 40 | Latest Price | $89.5700(-1.44%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NTES advances 0.6% a day on average for past five trading days. | Weekly Trend | NTES declines -1.1% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support NTES advance at 0% a week (0% probability) KWEB(78%) MCHI(75%) FXI(73%) EEM(65%) VWO(56%) | Factors Impacting NTES price | NTES will decline at least -1.045% in a week (0% probabilities). VIXM(-21%) UUP(-15%) VXX(-8%) TBT(-6%) EDOC(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.045% (StdDev 2.09%) | Hourly BBV | -1.3 () | Intraday Trend | 0% | | | |
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Resistance Level | $91.7 | 5 Day Moving Average | $90.22(-0.72%) | 10 Day Moving Average | $89.99(-0.47%) | 20 Day Moving Average | $91.7(-2.32%) | To recent high | -12.9% | To recent low | 3% | Market Cap | $12.271b | | | | 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. |