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Takip Edin: @UscMarketsNTES Stock Forecast & NetEase Chart Analysis
This article provides a detailed analysis of NTES-NetEase stock including a forecast for NTES shares. It features NetEase, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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NTES Historical Data Review
NTES Current Price Performance Analysis
The NetEase - NTES stock traded on the American stock market, on 06-05-2024, closed at 94.15$ with a %6.17 increased compared to the previous day.
In the last month, the price of NTES changed by %-7.57 decreased in value, from 101.86 dollars on 05-06-2024 to 94.15 dollars, decreased.
Last year, the price of NTES was 91.38 dollars on 06-06-2023, and changed by %3.03 increased in value, to 94.15 dollars increased within a year.
The price of NetEase stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
NTES with AI Stock Forecast & Price Target
On the NTES chart NetEase price was recorded as 94.15 Dollars on 06/05/2024.
The artificial intelligence's forecast on NTES stock is as follows.
The artificial intelligence's prediction error margin for NTES stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for NetEase stock over the next 4 months is: 109.3 Dollars.
The commentary on NTES stock Target Price: Highest: 123.003 Dollars is predicted.
The commentary on NTES stock Target Price: Lowest: 93.853 Dollars is predicted.
Resistance Price where NetEase stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 100.872 |
| 10-18-2024 | 112.182 |
| 12-27-2024 | 121.146 |
| 03-07-2025 | 113.646 |
Support Price where NetEase stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 93.853 |
| 11-07-2024 | 111.663 |
| 02-05-2025 | 111.890 |
| 03-12-2025 | 113.465 |
The commentary on NTES stock: The target price can generally be said to be on the rise.
The commentary on NTES stock: Fluctuations in the target price can be expected in the coming days.
The target price for NetEase stock by the end of 2024 is predicted to be 121.146 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on NTES stock, and the 2024 target price predictions for NetEase are detailed above.
The technical analysis and charts for the commentary on NTES stock are below.
NTES Support & Resistance and Trend Analysis
NTES stock you have reviewed the technical analysis support resistance charts regarding.
NTES : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the NTES review, the NetEase support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
NetEase Support and Resistance Prices:
| NTES Support Level Price | NTES Resistance Level Price |
|---|---|
| 81.30 | 96.54 |
| 85.80 | 103.87 |
| 87.11 | 103.88 |
| 87.57 | 107.34 |
| 89.19 | 107.61 |
| 90.00 | 107.99 |
| 92.21 | 111.12 |
| 96.33 | 114.50 |
| 100.69 | 118.90 |
| 102.17 |
NTES Technical Analysis: SMA, RSI, MACD
Upon reviewing the NTES chart, buy and sell signals have been generated in the NetEase technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for NTES stock are as follows:- NTES technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for NetEase gave a 'Buy' signal when the RSI was at 29.643, with the current RSI value at 42.87.
- The technical analysis for NetEase indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for NetEase stock: Click here to read more predictions on Itaú Unibanco Holding stock.
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