Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $60.2700 (-5.22%) ($60.0000 - $61.6000) on Fri. Mar. 27, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.74% (three month average) | RSI | 47 | Latest Price | $60.2700(-5.22%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NTES advances 1.1% a day on average for past five trading days. | Weekly Trend | NTES declines -0.7% 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(77%) MCHI(74%) FXI(71%) EEM(61%) VWO(54%) | Factors Impacting NTES price | NTES will decline at least -1.87% in a week (0% probabilities). VIXM(-26%) UUP(-14%) VXX(-10%) TBT(-5%) IGOV(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.87% (StdDev 3.74%) | Hourly BBV | -1.4 () | Intraday Trend | -1.2% | | | |
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Inflection Point | Yes | Resistance Level | $61.95 | 5 Day Moving Average | $61.99(-2.77%) | 10 Day Moving Average | $59.65(1.04%) | 20 Day Moving Average | $61.95(-2.71%) | To recent high | -15.5% | To recent low | 11.4% | Market Cap | $8.257b | | | | 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. |