NetEase Shares Cross Below 200 DMA

In trading on Friday, shares of NetEase, Inc (NTES) crossed below their 200 day moving average of $70.75, changing hands as low as $70.11 per share. NetEase, Inc shares are currently trading off about 0.1% on the day. The chart below shows the one year performance of NTES shares, versus its 200 day moving average:

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NetEase, Inc 200 Day Moving Average Chart

Looking at the chart above, NTES's low point in its 52 week range is $54.82 per share, with $84.35 as the 52 week high point — that compares with a last trade of $70.94.

According to the ETF Finder at ETF Channel, NTES makes up 5.72% of the PowerShares Golden Dragon China Portfolio ETF ( PGJ) which is trading lower by about 0.2% on the day Friday.

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