Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $106.6250 (-1.02%) ($106.6250 - $106.6250) on Mon. Mar. 15, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.23% (three month average) | RSI | 35 | Latest Price | $106.6250(-1.02%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NTES advances 0.9% a day on average for past five trading days. | Weekly Trend | NTES declines -2.4% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support NTES advance at 0% a week (0% probability) KWEB(80%) MCHI(77%) FXI(76%) EEM(67%) VWO(57%) | Factors Impacting NTES price | NTES will decline at least -1.615% in a week (0% probabilities). VIXM(-21%) UUP(-16%) VXX(-7%) TBT(-5%) IGOV(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.615% (StdDev 3.23%) | Hourly BBV | -0.6 () | Intraday Trend | 0% | | | |
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Resistance Level | $112.65 | 5 Day Moving Average | $107.81(-1.1%) | 10 Day Moving Average | $107.4(-0.72%) | 20 Day Moving Average | $112.65(-5.35%) | To recent high | -19.5% | To recent low | 24.6% | Market Cap | $14.608b | | | | 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. |