US stock / ETF

NetEase, Inc.

NTES · NASDAQ · USD

1 weekBearish63%
Weekly Downside probability 63%Bearish

NTES 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $123.39 and stabilize above resistance $137.84.

Invalidation Trigger

Break above $137.84 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 43.3, MACD -0.534

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $8.81 (7.62%)

Weekly

EMA Structure

Bearish
EMA 8$122.65Bearish
EMA 21$123.39Bearish
EMA 50$123.49Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.3 · MACD -0.534

Momentum is weak

Strength
Bearish
Volatility
ATR $8.81 · BB 18.50%

High volatility

Strength
Bearish
Volume
MFI 33.8 · OBV 3.22%

Relative to 20-period average volume

Strength
Range
Price Levels
$106.06 - $137.84

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+26.85% · 3.5 ATR above latest close

$146.65
Nearest resistance

+19.23% · 2.5 ATR above · 34-bar high

$137.84
Current price

Price shown is delayed

$115.61
Nearest support

-8.26% · 1.1 ATR below · 34-bar low

$106.06
Deeper support zone

-15.88% · 2.1 ATR below latest close

$97.25
ATR zone

Latest close ± ATR14

$106.8 - $124.42

Indicators

Trend

Dow Theory Structure

Confirmation $136.66, invalidation $118.81

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

Trend strength is moderate

12.5 / 11.8 / 24.4Bearish
Supertrend (10,3)

Price is above Supertrend

$90.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$123.26 / $132.81Bearish
Donchian Channel (20)

20-period breakout channel position

31%Bearish

Volatility

ATR (14)

High volatility

$8.81 (7.62%)Bearish
Bollinger Bands (20,2)

Width 18.50%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$141.58 / $105.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$106.8 / $124.42Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$137.84Range
Support

Nearest Downside Decision Level

$106.06Range

Momentum

RSI (14)

Momentum is weak

43.3Bearish
MACD (12,26,9)

Histogram is negative

-0.534Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.7 / 22.7Bearish
Williams %R (14)

Oversold zone

-93.3Bullish
CCI (20)

Balanced zone

-89.5Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

33.8Bearish
OBV slope

20-period OBV slope

3.22%Bullish
Volume ratio

Relative to 20-period average volume

0.52xBearish

Trend

Dow Theory Structure

Confirmation $136.66, invalidation $118.81

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

Trend strength is moderate

12.5 / 11.8 / 24.4Bearish
Supertrend (10,3)

Price is above Supertrend

$90.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$123.26 / $132.81Bearish
Donchian Channel (20)

20-period breakout channel position

31%Bearish

Momentum

RSI (14)

Momentum is weak

43.3Bearish
MACD (12,26,9)

Histogram is negative

-0.534Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

6.7 / 22.7Bearish
Williams %R (14)

Oversold zone

-93.3Bullish
CCI (20)

Balanced zone

-89.5Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$8.81 (7.62%)Bearish
Bollinger Bands (20,2)

Width 18.50%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$141.58 / $105.14Bearish
ATR channel lower / upper

Current Volatility Envelope

$106.8 / $124.42Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

33.8Bearish
OBV slope

20-period OBV slope

3.22%Bullish
Volume ratio

Relative to 20-period average volume

0.52xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$137.84Range
Support

Nearest Downside Decision Level

$106.06Range

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