US stock / ETF

NetEase, Inc.

NTES · NASDAQ · USD

4 hoursBearish71%
4h Downside probability 71%Bearish

NTES 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $119.36 and stabilize above resistance $123.24.

Invalidation Trigger

Break above $123.24 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 40.3, MACD -0.580

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.9573 (0.82%)

4h

EMA Structure

Range
EMA 8$118.77Bearish
EMA 21$119.36Bearish
EMA 50$119.06Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.3 · MACD -0.580

Momentum is weak

Strength
Bearish
Volatility
ATR $0.9573 · BB 6.43%

Low volatility

Strength
Bullish
Volume
MFI 17.9 · OBV -34.95%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$114.38 - $123.24

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.96% · 7.3 ATR above latest close

$124.2
Nearest resistance

+5.14% · 6.3 ATR above · 34-bar high

$123.24
Current price

Price shown is delayed

$117.21
Nearest support

-2.41% · 3.0 ATR below · 34-bar low

$114.38
Deeper support zone

-3.23% · 4.0 ATR below latest close

$113.42
ATR zone

Latest close ± ATR14

$116.25 - $118.17

Indicators

Trend

Dow Theory Structure

Confirmation $114.38, invalidation $122.2

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

36.4 / 14.6 / 45.6Bearish
Supertrend (10,3)

Price is above Supertrend

$114.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$119.13 / $118.81Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Volatility

ATR (14)

Low volatility

$0.9573 (0.82%)Bullish
Bollinger Bands (20,2)

Width 6.43%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$121.23 / $117.5Bullish
ATR channel lower / upper

Current Volatility Envelope

$116.25 / $118.17Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$123.24Range
Support

Nearest Downside Decision Level

$114.38Range

Momentum

RSI (14)

Momentum is weak

40.3Bearish
MACD (12,26,9)

Histogram is negative

-0.580Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.6 / 8.4Bullish
Williams %R (14)

Oversold zone

-91.4Bullish
CCI (20)

Weak expansion

-132.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

17.9Bearish
OBV slope

20-period OBV slope

-34.95%Bearish
Volume ratio

Relative to 20-period average volume

0.45xBearish

Trend

Dow Theory Structure

Confirmation $114.38, invalidation $122.2

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

36.4 / 14.6 / 45.6Bearish
Supertrend (10,3)

Price is above Supertrend

$114.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$119.13 / $118.81Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Momentum

RSI (14)

Momentum is weak

40.3Bearish
MACD (12,26,9)

Histogram is negative

-0.580Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.6 / 8.4Bullish
Williams %R (14)

Oversold zone

-91.4Bullish
CCI (20)

Weak expansion

-132.1Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Low volatility

$0.9573 (0.82%)Bullish
Bollinger Bands (20,2)

Width 6.43%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$121.23 / $117.5Bullish
ATR channel lower / upper

Current Volatility Envelope

$116.25 / $118.17Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

17.9Bearish
OBV slope

20-period OBV slope

-34.95%Bearish
Volume ratio

Relative to 20-period average volume

0.45xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$123.24Range
Support

Nearest Downside Decision Level

$114.38Range

Related Forecasts