NETEASE INC-ADR (NTES)
US64110W1027 - ADR
Overall NTES gets a technical rating of 7 out of 10. NTES has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
NTES has an average volume of 1469330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NTES is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
NTES is an average performer in the Entertainment industry, it outperforms 61% of 72 stocks in the same industry.
NTES is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NTES is lagging the market slightly.
In the last month NTES has a been trading in the 84.97 - 102.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NTES has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
75.66
105.30
4 important support areas can be observed.
- A support zone ranging from 91.40 to 92.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.94 from a horizontal line in the daily time frame.
- Support @78.64 from a horizontal line in the weekly time frame.
- Support @76.42 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @98.79 from a trend line in the weekly time frame.
- A resistance zone ranging from 102.33 to 104.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.98
Mansfield-1.03
10 Day High102.4
10 Day Low91.04
20 Day High102.4
20 Day Low84.97
52 Week High114.5
52 Week Low75.85
Performance
1 Week-3.52%
2 Weeks0.88%
1 Month3.89%
3 Month16.72%
6 Month2.63%
12 Month5.08%
2 Year26.79%
3 Year-9.52%
5 Year50.16%
10 Year364.44%
15 Year1123.95%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.47
RSI(14)54.02
LBB87.35
UBB99.82
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 94.84 | 91.39 | 3.45 (3.64%) | 25.00% |
| An entry @94.84. This is a Buy Stop order right above the 10 day moving average. | An exit @91.39. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.45 points, which is 3.64%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NTES. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NETEASE INC-ADR
NASDAQ:NTES (12/20/2024, 8:00:01 PM)
After market: 92.09 0 (0%)92.09
+0.28 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg0.3%
1 Week-3.52%
2 Weeks0.88%
1 Month3.89%
3 Month16.72%
6 Month2.63%
12 Month5.08%
2 Year26.79%
3 Year-9.52%
5 Year50.16%
10 Year364.44%
15 Year1123.95%
Volatility
ATR(14)2.72
ATR(20)%2.62%
ATR Inc-50.67%
Range Today1.41
ADR(20)1.64
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.98
Mansfield-1.03
10 Day High102.4
10 Day Low91.04
20 Day High102.4
20 Day Low84.97
52 Week High114.5
52 Week Low75.85
CS1 End92.08
CR1 Start98.79
Volume & EV
DER(3)-3.17%
DER(5)-0.52%
Volume642.60K
Volume Incr-37.52%
Vol(5)935.26K
Vol(50)1.47M