Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $88.5600 (1.92%) ($88.5600 - $88.5600) on Wed. Aug. 31, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.63% (three month average) | RSI | 44 | Latest Price | $88.5600(1.92%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NTES advances 0.1% a day on average for past five trading days. | Weekly Trend | NTES declines -1.5% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. | Correlated ETFs | Broad market will support NTES advance at 0% a week (0% probability) KWEB(77%) FXI(76%) MCHI(76%) EEM(65%) EWY(43%) | Factors Impacting NTES price | NTES will decline at least -1.315% in a week (0% probabilities). TBT(-12%) UUP(-10%) VIXM(-7%) VXX(-0%) UNG(5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.315% (StdDev 2.63%) | Hourly BBV | 0.4 () | Intraday Trend | 0% | | | |
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Resistance Level | $89.21 | 5 Day Moving Average | $89.08(-0.58%) | 10 Day Moving Average | $87.82(0.84%) | 20 Day Moving Average | $89.21(-0.73%) | To recent high | -17.2% | To recent low | 4.6% | Market Cap | $12.133b | | | | 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. |