Earnings watch · NTES · Communication Services

NetEase Inc (NTES) reaches earnings week with momentum uneven

The online-gaming group reports Aug. 20, with the market weighing recent weakness against a still-positive 12-week move.

Latest125.12 USD
1W move-5.4%
Volume1.0x
TrendActive
NetEase gaming and market data workstations in a modern office setting.
Supporting market chart for NetEase Inc (NTES) reaches earnings week with momentum uneven

Market update

What happened

NetEase Inc (NTES) closed at 125.12 USD in the latest weekly market data ahead of its Aug. 20 earnings report for the quarter ended June 30. The stock fell -5.4% over one week and -4.7% over four weeks, trimming part of a longer 8.0% twelve-week advance.

The setup is mixed. The weekly price path over 52 weeks still shows an active trend state, and Market Dynamics offered confirmation at 0.75, but Relative Strength was negative at -15.5. Turnover was close to normal, with 4.71 million shares traded versus a 13-week average of 4.85 million.

Continue your research

Explore NTES across Sharemaestro

These links are shown because current Sharemaestro data is available for this company.

Evidence context