Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $47.0300 (-3.19%) ($47.0000 - $47.8000) on Mon. Aug. 12, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.42% (three month average) | RSI | 42 | Latest Price | $47.0300(-3.19%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NTES advances 2.1% a day on average for past five trading days. | Weekly Trend | NTES declines -2.1% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support NTES advance at 0% a week (0% probability) KWEB(76%) MCHI(73%) FXI(69%) EEM(60%) VWO(55%) | Factors Impacting NTES price | NTES will decline at least -1.21% in a week (0% probabilities). VIXM(-31%) VXX(-14%) UUP(-7%) IGOV(-5%) IFRA(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.21% (StdDev 2.42%) | Hourly BBV | 0 () | Intraday Trend | -0.7% | | | |
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5 Day Moving Average | $45.78(2.73%) | 10 Day Moving Average | $45.33(3.75%) | 20 Day Moving Average | $47(0.06%) | To recent high | -15.7% | To recent low | 11% | Market Cap | $6.443b | | | | 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. |