Trading Signals: NTES Stock Price Prediction and Forecast (Mon. Oct. 5, 2015 - Fri. Dec. 22, 2023)(NetEase Inc)
| NTES latest price $112.6450 (2.54%) ($112.6450 - $112.6450) on Fri. Nov. 3, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.87% (three month average) | RSI | 62 | Latest Price | $112.6450(2.54%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NTES advances 1.1% a day on average for past five trading days. | Weekly Trend | NTES advances 2.9% 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) BNDX(61%) KWEB(56%) FXI(47%) MCHI(47%) SMH(41%) | Factors Impacting NTES price | NTES will decline at least -0.935% in a week (0% probabilities). VIXM(-24%) ACES(-14%) VXX(-12%) BLOK(-12%) IBB(-11%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.935% (StdDev 1.87%) | Hourly BBV | 1.4 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $109.14(3.21%) | 10 Day Moving Average | $107.09(5.19%) | 20 Day Moving Average | $105.99(6.28%) | To recent high | 0% | To recent low | 16.4% | Market Cap | $15.432b | | | | 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. |