NetEase, Inc. ($NTES): A Professional’s Recap (2019-11-19)

REPORTING FOR 2019-11-19 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how NTES has been trading over the last 2 weeks and the past day especially. On its latest session, NetEase, Inc. ($NTES) opened at 290.36, reaching a high of 292.5287 and a low of 288.0 before closing at a price of 290.24. There was a total volume of 325532.

VOLUME INDICATORS FOR NETEASE, INC. ($NTES): We saw an accumulation-distribution index of 1477.36253, an on-balance volume of 291.23, chaikin money flow of 3.17642 and a force index of 0.4368. There was an ease of movement rating of -0.01759, a volume-price trend of 30.98733 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR NETEASE, INC. ($NTES): We noted an average true range of 4.93096, bolinger bands of 292.65154, an upper bollinger band of 285.77846, lower bollinger band of 288.0, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 290.29623, high band keltner channel of 288.12753, low band keltner channel of 292.46493, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 288.0, a donchian channel low band of 288.0, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR NETEASE, INC. ($NTES): We calculated a Moving Average Convergence Divergence (MACD) of 0.05452, a MACD signal of 0.03029, a MACD difference of 0.02423, a fast Exponential Moving Average (EMA) indicator of 288.0, a slow Exponential Moving Average (EMA) indicator of 288.0, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.01898, a trix of 7.18367, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -27.74907, a KST Oscillator (KST) of 106.62428 and a KST Oscillator (KST Signal) of 106.62428 (leaving a KST difference of 2.33429). We also found an Ichimoku rating of 291.44435, an Ichimoku B rating of 291.44435, a Ichimoku visual trend A of 268.19541, an Ichimoku visual trend B of 274.96439, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR NETEASE, INC. ($NTES): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 92.16183, a stochastic oscillator of 208.82095, a stochastic oscillator signal of 208.82095, a Williams %R rating of 108.82095 and an awesome oscillator of 0.70144.

RETURNS FOR NETEASE, INC. ($NTES): There was a daily return of 10.66243, a daily log return of 0.84021 and a cumulative return of 0.84375.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-19 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for NetEase, Inc. ($NTES)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling NetEase, Inc. ($NTES) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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