RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NTES
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NetEase stock upgraded to Buy Candidate.
(Updated on Jul 24, 2024)

Buy or Hold candidate since Jul 22, 2024 Gain 1.02% PDF

The NetEase stock price gained 1.16% on the last trading day (Wednesday, 24th Jul 2024), rising from $93.35 to $94.43. During the last trading day the stock fluctuated 2.44% from a day low at $93.89 to a day high of $96.18. The price has been going up and down for this period, and there has been a 4.77% gain for the last 2 weeks. Volume fell on the last day by -281 thousand shares and in total, 1 million shares were bought and sold for approximately $131.32 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.88% during the next 3 months and, with a 90% probability hold a price between $79.74 and $94.45 at the end of this 3-month period.

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NTES Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Wednesday, June 26, 2024, and so far it has fallen -2.39%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The NetEase stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $93.01 and $93.01. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for NetEase stock

NetEase finds support from accumulated volume at $94.15 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.29 (2.44%) between high and low. For the last week, the stock has had daily average volatility of 1.83%.

Our recommended stop-loss: $90.37 (-4.30%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 35 days ago.)

Trading Expectations (NTES) For The Upcoming Trading Day Of Thursday 25th

For the upcoming trading day on Thursday, 25th we expect NetEase to open at $94.83, and during the day (based on 14 day Average True Range), to move between $92.08 and $96.78, which gives a possible trading interval of +/-$2.35 (+/-2.49%) up or down from last closing price. If NetEase takes out the full calculated possible swing range there will be an estimated 4.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $94.15 (0.30%) than the resistance at $94.74 (0.33%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is NetEase stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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Current score: 1.973 Buy Candidate Upgraded

Predicted Opening Price for NetEase of Thursday, July 25, 2024

Fair opening price July 25, 2024 Current price
$94.83 ( 0.427%) $94.43

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NTES

Fibonacci Support & Resistance Levels

Level Price
R3 97.12 2.85%
R2 96.25 1.93%
R1 95.71 1.35%
Price 94.43
S1 93.96 -0.499%
S2 93.42 -1.07%
S3 92.54 -2.00%

Accumulated Volume Support & Resistance Levels

Level Price
R3 103.02 9.10%
R2 101.86 7.87%
R1 94.74 0.328%
Price 94.43
S1 94.15 -0.297%
S2 91.19 -3.43%
S3 90.48 -4.18%

NTES Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 23, 2024 Jun 06, 2024 Jun 21, 2024 $0.493 0.549%
2 Feb 29, 2024 Mar 13, 2024 Mar 28, 2024 $1.08 1.04%
3 Nov 17, 2023 Nov 30, 2023 Dec 15, 2023 $0.495 0.481%
4 Aug 24, 2023 Sep 07, 2023 Sep 22, 2023 $0.520 0.511%
5 May 19, 2023 Jun 08, 2023 Jun 23, 2023 $0.465 0.500%

FAQ

What is the symbol for NetEase Stock and on which exchange is it traded?
The symbol for NetEase is NTES and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell NetEase Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy NetEase Stock?
NetEase Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy NetEase Stock.

What's the current price of NetEase Stock?
As of the end of day on the Jul 24, 2024, the price of an NetEase (NTES) share was $94.43.

What is the 52-week high and low for NetEase Stock?
The 52-week high for NetEase Stock is $118.89 and the 52-week low is $81.30.

What is the market capitalization of NetEase Stock?
As of the Jul 24, 2024, the market capitalization of NetEase is 56.702B.

When is the next earnings date for NetEase?
The upcoming earnings date for NetEase is Aug 22, 2024.
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About NetEase

NetEase, Inc. provides online services focusing on diverse content, community, communication, and commerce in the Peoples' Republic of China and internationally. The company operates in three segments: Online Game Services, Youdao, Cloud Music, and Innovative Businesses and Others. It develops and operates PC and mobile games, as well as offers games licensed from other game developers. The company's products and services include Youdao Dictionar... NTES Profile

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