NETEASE INC-ADR (NTES) Stock Technical Analysis
NASDAQ:NTES - Nasdaq - US64110W1027 - ADR - Currency: USD
We assign a technical rating of 10 out of 10 to NTES. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NTES is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NTES did better than 91% of all other stocks. On top of that, NTES also shows a nice and consistent pattern of rising prices.
NTES is one of the better performing stocks in the Entertainment industry, it outperforms 84% of 71 stocks in the same industry.
NTES is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NTES is leading the market.
NTES is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
NTES has an average volume of 1509090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although NTES has an excellent technical rating, the quality of the presented setup is not ideal 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
95.03
121.74
We found 3 important support areas.
- A support zone ranging from 106.51 to 107.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 103.44 to 104.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @95.99 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.33
Mansfield2.53
10 Day High123.56
10 Day Low103.23
20 Day High123.56
20 Day Low103.23
52 Week High123.56
52 Week Low75.85
Performance
1 Week12.53%
2 Weeks13.2%
1 Month16.22%
3 Month16.77%
6 Month39.42%
12 Month33.21%
2 Year41.67%
3 Year16.2%
5 Year57.39%
10 Year326.17%
15 Year1885.01%
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)1.36
RSI(14)69.04
LBB98.7
UBB125.23
120.53
-0.46 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.38%
1 Week12.53%
2 Weeks13.2%
1 Month16.22%
3 Month16.77%
6 Month39.42%
12 Month33.21%
2 Year41.67%
3 Year16.2%
5 Year57.39%
10 Year326.17%
15 Year1885.01%
Volatility
ATR(14)3.53
ATR(20)%2.43%
ATR Inc-46.58%
Range Today1.62
ADR(20)2.25
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.33
Mansfield2.53
10 Day High123.56
10 Day Low103.23
20 Day High123.56
20 Day Low103.23
52 Week High123.56
52 Week Low75.85
CS1 End107.83
CR1 StartN/A
Volume & EV
DER(3)0.5%
DER(5)1.67%
Volume845.10K
Volume Incr59.52%
Vol(5)2.00M
Vol(50)1.51M