Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $31.8300 (-0.72%) ($31.4000 - $32.2900) on Thu. Jan. 21, 2016. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.26% (three month average) | RSI | 30 | Latest Price | $31.8300(-0.72%) | 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 -4.6% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Growth stock sell-off for small cap. | Correlated ETFs | Broad market will support NTES advance at 0% a week (0% probability) KWEB(71%) MCHI(65%) FXI(61%) EEM(55%) VWO(51%) | Factors Impacting NTES price | NTES will decline at least -1.13% in a week (0% probabilities). VIXM(-12%) UUP(-8%) TLT(-3%) SHY(-3%) IGOV(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.13% (StdDev 2.26%) | Hourly BBV | 0 () | Intraday Trend | -0.9% | | | |
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1 - 5 Day Possible Target | $21.3(-33.08%) | Resistance Level | $33.89 | 5 Day Moving Average | $31.98(-0.47%) | 10 Day Moving Average | $32.1(-0.84%) | 20 Day Moving Average | $33.89(-6.08%) | To recent high | -13.9% | To recent low | 16% | Market Cap | $4.361b | | | | 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. |