Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $104.1600 (-4.75%) ($104.1600 - $104.1600) on Mon. Dec. 4, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.87% (three month average) | RSI | 31 | Latest Price | $104.1600(-4.75%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NTES declines -1.8% a day on average for past five trading days. | Weekly Trend | NTES declines -1.9% a week on average for past two weeks. | Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support NTES advance at 0% a week (0% probability) SPY(90%) EDOC(75%) BNDX(74%) KWEB(64%) QQQ(64%) | Factors Impacting NTES price | NTES will decline at least -0.935% in a week (0% probabilities). XBI(-27%) ACES(-24%) BLOK(-21%) IBB(-20%) VIXM(-31%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.935% (StdDev 1.87%) | Hourly BBV | -1.4 () | Intraday Trend | 0% | | | |
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Resistance Level | $113.61 | 5 Day Moving Average | $110.98(-6.15%) | 10 Day Moving Average | $113.41(-8.16%) | 20 Day Moving Average | $113.61(-8.32%) | To recent high | -12.1% | To recent low | 7.6% | Market Cap | $14.27b | | | | 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. |