US stock / ETF

NetEase, Inc.

NTES · NASDAQ · USD

1 weekBearish60%
Weekly Downside probability 60%Bearish

NTES 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $121.63 and stabilize above resistance $136.66.

Invalidation Trigger

Break above $136.66 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 45.1, MACD -1.015

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $8.2 (6.99%)

Weekly

EMA Structure

Bearish
EMA 8$119.32Bearish
EMA 21$121.63Bearish
EMA 50$122.67Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.1 · MACD -1.015

Neutral zone

Strength
Bearish
Volatility
ATR $8.2 · BB 18.05%

High volatility

Strength
Bearish
Volume
MFI 41.6 · OBV 4.38%

Relative to 20-period average volume

Strength
Range
Price Levels
$106.06 - $136.66

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+23.59% · 3.4 ATR above latest close

$144.86
Nearest resistance

+16.59% · 2.4 ATR above · 34-bar high

$136.66
Current price

Price shown is delayed

$117.21
Nearest support

-9.51% · 1.4 ATR below · 34-bar low

$106.06
Deeper support zone

-16.51% · 2.4 ATR below latest close

$97.86
ATR zone

Latest close ± ATR14

$109.01 - $125.41

Indicators

Trend

Dow Theory Structure

Confirmation $136.66, invalidation $118.81

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

18.7 / 13.4 / 21.9Bearish
Supertrend (10,3)

Price is above Supertrend

$96.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$122.5 / $131.25Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Volatility

ATR (14)

High volatility

$8.2 (6.99%)Bearish
Bollinger Bands (20,2)

Width 18.05%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$137.06 / $106Bearish
ATR channel lower / upper

Current Volatility Envelope

$109.01 / $125.41Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$136.66Range
Support

Nearest Downside Decision Level

$106.06Range

Momentum

RSI (14)

Neutral zone

45.1Range
MACD (12,26,9)

Histogram is negative

-1.015Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.7 / 9.3Bullish
Williams %R (14)

Oversold zone

-87.3Bullish
CCI (20)

Balanced zone

-69.3Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

41.6Bearish
OBV slope

20-period OBV slope

4.38%Bullish
Volume ratio

Relative to 20-period average volume

0.90xRange

Trend

Dow Theory Structure

Confirmation $136.66, invalidation $118.81

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

18.7 / 13.4 / 21.9Bearish
Supertrend (10,3)

Price is above Supertrend

$96.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$122.5 / $131.25Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Momentum

RSI (14)

Neutral zone

45.1Range
MACD (12,26,9)

Histogram is negative

-1.015Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.7 / 9.3Bullish
Williams %R (14)

Oversold zone

-87.3Bullish
CCI (20)

Balanced zone

-69.3Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

High volatility

$8.2 (6.99%)Bearish
Bollinger Bands (20,2)

Width 18.05%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$137.06 / $106Bearish
ATR channel lower / upper

Current Volatility Envelope

$109.01 / $125.41Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

41.6Bearish
OBV slope

20-period OBV slope

4.38%Bullish
Volume ratio

Relative to 20-period average volume

0.90xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$136.66Range
Support

Nearest Downside Decision Level

$106.06Range

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