Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $50.4900 (2.81%) ($48.8400 - $50.7500) on Thu. Jun. 6, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.24% (three month average) | RSI | 28 | Latest Price | $50.4900(2.81%) | 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 -3.1% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Normal for small cap. | Correlated ETFs | Broad market will support NTES advance at 0% a week (0% probability) KWEB(76%) MCHI(72%) FXI(69%) EEM(60%) VWO(55%) | Factors Impacting NTES price | NTES will decline at least -1.12% in a week (0% probabilities). VXX(-14%) UUP(-7%) IGOV(-5%) IFRA(-3%) TLT(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.12% (StdDev 2.24%) | Hourly BBV | 0 () | Intraday Trend | 2.5% | | | |
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1 - 5 Day Possible Target | $43.7(-13.45%) | Resistance Level | $51.31 | 5 Day Moving Average | $49.69(1.61%) | 10 Day Moving Average | $50.1(0.78%) | 20 Day Moving Average | $51.31(-1.6%) | To recent high | -11.6% | To recent low | 12.5% | Market Cap | $6.917b | | | | 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. |