NetEase Inc. (NTES)

255.98
4.19 1.61
NASDAQ : Technology Services
Prev Close 260.17
Open 260.83
Day Low/High 254.33 / 262.00
52 Wk Low/High 184.60 / 289.69
Volume 884.39K
Avg Volume 786.10K
Exchange NASDAQ
Shares Outstanding 127.96M
Market Cap 33.29B
EPS 7.20
P/E Ratio 963.59
Div & Yield 2.22 (0.67%)
NetEase Inc (NTES): Today's Featured Internet Laggard

NetEase Inc (NTES): Today's Featured Internet Laggard

NetEase was a leading decliner within the internet industry, falling 60 cents (-1.1%) to $54.18 on average volume.

NetEase Inc (NTES): Today's Featured Internet Winner

NetEase Inc (NTES): Today's Featured Internet Winner

NetEase was a winner within the internet industry, rising 27 cents (0.5%) to $53.08 on light volume.

NetEase Inc (NTES): Today's Featured Internet Laggard

NetEase Inc (NTES): Today's Featured Internet Laggard

NetEase was a leading decliner within the internet industry, falling 73 cents (-1.4%) to $52.66 on light volume.

Signaling a Downward Bias

Until the market retests with fewer new lows, rallies are likely to fail.

Most Indicators Are Overbought

The market seems to be heading toward some sort of high, but that doesn't mean it has to collapse.

Negative Indicators Persist

But I suspect we will not see much on the downside for several days.

Indices Still Rising

I still expect a pullback and one more rally -- but later next week.

Expect Some Downside

If the market declines midweek, it could still rally into next week.

NetEase Inc (NTES): Today's Featured Internet Loser

NetEase Inc (NTES): Today's Featured Internet Loser

NetEase was a leading decliner within the internet industry, falling $2.70 (-4.8%) to $54.05 on heavy volume.

Down Day Leaves Indicators Unchanged

Look for an oversold rally later this week or early next week.

Expecting an Early Pullback

Then the market will likely try the upside again; the moves will probably be outsized since it is options expiration week.

The Road To The Battle.net® World Championship Leads To China

The Road To The Battle.net® World Championship Leads To China

Blizzard Entertainment, Inc. and NetEase, Inc.

Negative Signals Call for a Rally

But it is likely to fail.

Uptrend Lines Keep Holding

I would prefer that they break to shake out the bulls.

Heading Toward a Top

In the shorter term, I think the market will bounce.

The Action Is Mixed

Thus far, the overbought condition is being worked off

Mixed Bag

The market is no longer extremely overbought, but it's not yet oversold enough, so the upside is limited for now.

Upside Still Looks Limited

I still believe the market will back off and rally again as the intermediate-term indicators are still heading upward.

NetEase Inc (NTES): Today's Featured Internet Loser

NetEase Inc (NTES): Today's Featured Internet Loser

NetEase was a leading decliner within the internet industry, falling 34 cents (-0.6%) to $58.67 on light volume.

Where We Stand

My preference is for tomorrow to be down and maybe Thursday.

Don't Scoff at the Rally Yet

Based on the indicators, the market will likely become overbought this week, pull back and then rally one more time.

Trading in a Range

S&P 500 resistance is now clearly defined as 1335-1340, and it will likely be difficult to get through it on the first try.

NetEase Inc (NTES): Today's Featured Internet Loser

NetEase Inc (NTES): Today's Featured Internet Loser

NetEase was a leading decliner within the internet industry, falling $1.54 (-2.5%) to $59.71 on light volume.

Why Funds Are Bullish on Chinese Markets

Why Funds Are Bullish on Chinese Markets

Stocks look cheap, and stimulus programs could boost the economy.

NetEase Inc (NTES): Today's Featured Internet Loser

NetEase Inc (NTES): Today's Featured Internet Loser

NetEase was a leading decliner within the internet industry, falling $1.49 (-2.5%) to $59.26 on average volume.

NetEase Stock Hits New 52-Week High (NTES)

NetEase Stock Hits New 52-Week High (NTES)

NetEase (Nasdaq:NTES) hit a new 52-week high Wednesday as it is currently trading at $63.18, above its previous 52-week high of $63.07 with 388,955 shares traded as of 12:30 p.m. ET. Average volume has been 733,400 shares over the past 30 days.

NetEase Inc (NTES): Today's Featured Internet Winner

NetEase Inc (NTES): Today's Featured Internet Winner

NetEase was a winner within the internet industry, rising $3.43 (6%) to $60.69 on average volume.

NetEase Reaches New 52-Week High (NTES)

NetEase Reaches New 52-Week High (NTES)

NetEase (Nasdaq:NTES) hit a new 52-week high Thursday as it is currently trading at $62.55, above its previous 52-week high of $61.45 with 263,062 shares traded as of 9:35 a.m. ET. Average volume has been 650,300 shares over the past 30 days.

NetEase Inc (NTES): Today's Featured Internet Winner

NetEase Inc (NTES): Today's Featured Internet Winner

NetEase was a winner within the internet industry, rising 91 cents (1.6%) to $57.69 on average volume.

NetEase Inc (NTES): Today's Featured Internet Winner

NetEase Inc (NTES): Today's Featured Internet Winner

NetEase was a winner within the internet industry, rising 30 cents (0.5%) to $60.08 on average volume.

TheStreet Quant Rating: B (Buy)