Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $92.4600 (-0.83%) ($92.4600 - $93.4600) on Wed. Mar. 2, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.34% (three month average) | RSI | 29 | Latest Price | $92.4600(-0.83%) | 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 -3.4% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support NTES advance at 0% a week (0% probability) KWEB(81%) FXI(79%) MCHI(79%) EEM(69%) VWO(54%) | Factors Impacting NTES price | NTES will decline at least -1.67% in a week (0% probabilities). VIXM(-20%) UUP(-15%) TBT(-9%) VXX(-4%) EDOC(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.67% (StdDev 3.34%) | Hourly BBV | -0.5 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $86.92(-5.99%) | Resistance Level | $98.28 | 5 Day Moving Average | $94.69(-2.36%) | 10 Day Moving Average | $95.41(-3.09%) | 20 Day Moving Average | $98.28(-5.92%) | To recent high | -14.2% | To recent low | 2.4% | Market Cap | $12.667b | | | | 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. |