Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $83.9600 (3.22%) ($83.9600 - $83.9600) on Mon. Sep. 27, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.16% (three month average) | RSI | 30 | Latest Price | $83.9600(3.22%) | 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 -5.7% a week on average for past two weeks. | Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support NTES advance at 0% a week (0% probability) KWEB(80%) MCHI(78%) FXI(77%) EEM(68%) VWO(55%) | Factors Impacting NTES price | NTES will decline at least -2.08% in a week (0% probabilities). VIXM(-23%) UUP(-15%) VXX(-6%) TBT(-5%) IGOV(-2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.08% (StdDev 4.16%) | Hourly BBV | 1.7 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $70.95(-15.5%) | Resistance Level | $87.68 | 5 Day Moving Average | $81.26(3.32%) | 10 Day Moving Average | $83.03(1.12%) | 20 Day Moving Average | $87.68(-4.24%) | To recent high | -27.2% | To recent low | 6.5% | Market Cap | $11.503b | | | | 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. |