NETEASE INC-ADR (NTES) Technical Analysis
NASDAQ:NTES • US64110W1027
Current stock price
NTES Technical Rating and Analysis
Overall NTES gets a technical rating of 0 out of 10. NTES's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 75% of all other stocks performed better in the past year than NTES.
- In the last month NTES has a been trading in the 108.67 - 119.94 range, which is quite wide. It is currently trading near the lows of this range.
- NTES is an average performer in the Entertainment industry, it outperforms 51% of 79 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.
- Considerably lower volume is observed in the last couple of days.
NTES Weekly and Daily overview Charts
NTES Setup Rating and Analysis
NTES has a poor technical rating and the quality of the setup is also not perfect 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
NTES Support and Resistance Analysis
108.17
When analyzing the support we notice one important area.
- A support zone ranging from 109.26 to 109.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 111.95 to 114.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 119.54 to 120.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @134.78 from a horizontal line in the daily time frame.
- Resistance @138.01 from a trend line in the daily time frame.
- Resistance @143.30 from a trend line in the weekly time frame.
NTES Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NTES is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTES is down. |
| ChartMill Relative Strength | 25.12 | NEGATIVE | NTES has a low relative strength, it was outperformed by 74.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTES is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTES is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NTES is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.69 | NEUTRAL | The RSI value for NTES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests NTES has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.51 | OVERSOLD | The low Stochastics value suggests NTES may be oversold. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for NTES suggests some volalility. |
| Average Directional Index/ADX (14) | 35.07 | POSITIVE | The high ADX value value for NTES suggests a strong trend. |
NTES Chart- and CandleStick Pattern Analysis
NTES Technicals: Chart, Performance Metrics, Trend & Indicators
111.94
+1.91 (+1.74%)
NETEASE INC-ADR / NTES TA FAQ
What is the ChartMill technical rating of NETEASE INC-ADR (NTES) stock?
ChartMill assigns a technical rating of 0 / 10 to NTES.
Can you provide the trend direction for NETEASE INC-ADR?
The current trend direction for NETEASE INC-ADR (NTES) is Bearish.
What is the RSI signal for NETEASE INC-ADR (NTES) stock?
NETEASE INC-ADR (NTES) has an RSI value of 39.6866. This indicates that the stock is currently neutral.
What is the short term momentum for NTES stock?
The short term momentum for NETEASE INC-ADR (NTES) is negative.
Can you provide the buy/sell signal for NETEASE INC-ADR?
The buy/sell signal for NETEASE INC-ADR (NTES) is sell as both the short term and long term trends are negative.