Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $105.1400 (0.58%) ($105.1400 - $105.1400) on Mon. Dec. 11, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.79% (three month average) | RSI | 15 | Latest Price | $105.1400(0.58%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NTES advances 0.2% a day on average for past five trading days. | Weekly Trend | NTES declines -5.5% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Normal for small cap. | Correlated ETFs | Broad market will support NTES advance at 0% a week (0% probability) QQQ(90%) BNDX(79%) IGOV(76%) KWEB(66%) GLD(60%) | Factors Impacting NTES price | NTES will decline at least -0.895% in a week (0% probabilities). VIXM(-36%) XBI(-26%) IWC(-25%) ACES(-23%) VXX(-21%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.895% (StdDev 1.79%) | Hourly BBV | 0.7 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $96.66(-8.07%) | Resistance Level | $111.23 | 5 Day Moving Average | $103.96(1.14%) | 10 Day Moving Average | $107.23(-1.95%) | 20 Day Moving Average | $111.23(-5.48%) | To recent high | -11.3% | To recent low | 8.6% | Market Cap | $14.404b | | | | 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. |