Netease Stock Technical Analysis

NTES Stock  USD 94.88  1.37  1.47%   
As of the 23rd of April, NetEase secures the Mean Deviation of 1.8, downside deviation of 1.98, and Risk Adjusted Performance of 0.0404. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NetEase, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for NetEase, which can be compared to its peers in the industry. Please verify NetEase information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if NetEase is priced some-what accurately, providing market reflects its recent price of 94.88 per share. Given that NetEase has jensen alpha of (0.01), we recommend you to check NetEase's last-minute market performance to make sure the company can sustain itself at a future point.

NetEase Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NetEase, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NetEase
  
NetEase's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

NetEase Analyst Consensus

Target PriceAdvice# of Analysts
124.61Strong Buy31Odds
NetEase current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most NetEase analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand NetEase stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of NetEase, talking to its executives and customers, or listening to NetEase conference calls.
NetEase Analyst Advice Details
NetEase technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of NetEase technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NetEase trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

NetEase Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of NetEase volatility. High ATR values indicate high volatility, and low values indicate low volatility.

NetEase Trend Analysis

Use this graph to draw trend lines for NetEase. You can use it to identify possible trend reversals for NetEase as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual NetEase price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

NetEase Best Fit Change Line

The following chart estimates an ordinary least squares regression model for NetEase applied against its price change over selected period. The best fit line has a slop of   0.14  , which may suggest that NetEase market price will keep on failing further. It has 122 observation points and a regression sum of squares at 779.21, which is the sum of squared deviations for the predicted NetEase price change compared to its average price change.

About NetEase Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of NetEase on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of NetEase based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NetEase price pattern first instead of the macroeconomic environment surrounding NetEase. By analyzing NetEase's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of NetEase's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to NetEase specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0081330.02060.01860.0113
Price To Sales Ratio4.923.394.153.95

NetEase April 23, 2024 Technical Indicators

Most technical analysis of NetEase help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for NetEase from various momentum indicators to cycle indicators. When you analyze NetEase charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

NetEase April 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as NetEase stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether NetEase is a strong investment it is important to analyze NetEase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NetEase's future performance. For an informed investment choice regarding NetEase Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetEase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy NetEase Stock please use our How to Invest in NetEase guide.
Note that the NetEase information on this page should be used as a complementary analysis to other NetEase's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for NetEase Stock analysis

When running NetEase's price analysis, check to measure NetEase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetEase is operating at the current time. Most of NetEase's value examination focuses on studying past and present price action to predict the probability of NetEase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetEase's price. Additionally, you may evaluate how the addition of NetEase to your portfolios can decrease your overall portfolio volatility.
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Is NetEase's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetEase. If investors know NetEase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetEase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.674
Dividend Share
18.187
Earnings Share
6.25
Revenue Per Share
160.841
Quarterly Revenue Growth
0.07
The market value of NetEase is measured differently than its book value, which is the value of NetEase that is recorded on the company's balance sheet. Investors also form their own opinion of NetEase's value that differs from its market value or its book value, called intrinsic value, which is NetEase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetEase's market value can be influenced by many factors that don't directly affect NetEase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetEase's value and its price as these two are different measures arrived at by different means. Investors typically determine if NetEase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetEase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.