Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $109.1100 (3.45%) ($104.5300 - $109.1100) on Fri. Mar. 19, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.17% (three month average) | RSI | 49 | Latest Price | $109.1100(3.45%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NTES advances 0.3% a day on average for past five trading days. | Weekly Trend | NTES declines -0.5% a week on average for past two weeks. | Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support NTES advance at 0% a week (0% probability) KWEB(79%) MCHI(76%) FXI(75%) EEM(66%) VWO(56%) | Factors Impacting NTES price | NTES will decline at least -1.585% in a week (0% probabilities). VIXM(-21%) UUP(-15%) VXX(-6%) TBT(-4%) IGOV(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.585% (StdDev 3.17%) | Hourly BBV | 1.9 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | Resistance Level | $109.34 | 5 Day Moving Average | $107.55(1.45%) | 10 Day Moving Average | $107.25(1.73%) | 20 Day Moving Average | $109.34(-0.21%) | To recent high | -17.6% | To recent low | 19.6% | Market Cap | $14.948b | | | | 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. |