NTES technical analysis
NTES Technical Analysis
Analysis date
August 7, 2026
Market
NASDAQ Stock Exchange (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
NTES Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- NTES
- Market
- NASDAQ Stock Exchange
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 128.11 | August 5, 2026 | - | Verified |
| Verification series | 128.11 | August 5, 2026 | 0.00% | Verified |
Bottom line
NTES Technical Analysis Summary
NTES technical analysis shows a stock consolidating after a sharp July swing that pushed price from a 20-day low near 119 to 133 by the end of July. As of the August 5 cutoff, price at 128.11 sits just below SMA20 (128.70) but above SMA50 (125.76) and SMA200 (125.64), keeping the daily structure constructive despite the recent pullback. RSI14 at 50.70 is neutral, and the MACD line remains above the signal with a thin positive histogram. The weekly chart is the stronger picture: price closed the week of July 27 at 133.27, above SMA20 (119.31), SMA50 (128.09), and SMA200 (100.09), with RSI at 58.06 and a positive MACD histogram. Support clusters near the 125.64 to 125.76 band (SMA200 and SMA50), with the 20-day low at 118.81 further below. Resistance sits at SMA20 (128.70), then the 135.80 to 136.66 zone. Holding the 125.64 to 125.76 support band keeps the NTES technical outlook favorable, while a decisive break below 118.81 would put the recovery at risk.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Mixed with a supportive base. Price at 128.11 is below SMA20 (128.70, -0.46%) but above SMA50 (125.76, +1.87%) and SMA200 (125.64, +1.97%). The moving averages are still stacked in bullish order, so the pullback looks like a pause within an intermediate uptrend rather than a breakdown. Price has retreated toward the middle of the recent range after giving back part of the late-July rebound.
- Momentum
- Neutral. RSI14 at 50.70 is sitting right at the 50 midline, indicating balanced momentum after the July volatility. MACD line at 1.18 is above the signal at 1.10 with a small positive histogram of 0.08, so the bullish crossover is intact but losing energy. A move that expands the histogram would re-establish direction.
- Volatility
- Elevated. ATR14 at 3.36 (2.62% of price) reflects the wider swings seen since late July. Bollinger Bands span 120.22 to 137.18, and price has fallen from near the upper band back toward the middle band (128.70), consistent with momentum cooling after the rebound.
- Volume
- Below average. Latest volume of about 629,500 is 0.70x the 20-period average (about 898,500), suggesting the recent pullback is happening on lighter participation. Volume coverage can differ between venues, so treat absolute comparisons with care.
Assessment
The daily chart shows NTES consolidating after a sharp rebound. Price remains above SMA50 and SMA200 while sitting just under SMA20, a typical post-rebound pause. RSI near 50 and a thinning MACD histogram point to balanced momentum. The key decision zone is 125.64 to 125.76; holding it keeps the intermediate uptrend intact, while a close below that band would shift the picture toward a deeper correction.
Weekly (July 27, 2026 week)
- Trend
- Constructive but not fully aligned. Price at 133.27 is above SMA20 (119.31, +11.70%), SMA50 (128.09, +4.04%), and SMA200 (100.09, +33.18%). SMA20 remains below SMA50, so the weekly averages are not in perfect bullish order yet, but price reclaiming SMA50 is a meaningful improvement after the pullback seen in the middle of 2026.
- Momentum
- Bullish. RSI14 at 58.06 is above 50 and rising. MACD line at 1.31 crossed above the signal at -0.47 with a positive histogram of 1.78, confirming improving momentum on the higher timeframe. The weekly crossover supports the recovery thesis.
- Volatility
- Elevated. ATR14 at 8.78 (6.58% of price) reflects above-average weekly ranges driven by the July swing. Bollinger Bands span 105.35 to 133.28, and price closed the week essentially at the upper band, a sign of strong recent upward pressure.
- Volume
- Moderately below average. Weekly volume was 0.82x the 20-week average (about 4.32 million versus 3.55 million), showing the rebound has not yet attracted heavy incremental participation. Absolute volume comparisons across venues can differ.
Assessment
The weekly chart is the more bullish timeframe. Price closed above SMA50 and SMA200 with RSI above 50 and a positive MACD histogram, signaling the recovery has support at the higher timeframe. The main caveats are the SMA20 and SMA50 stack is not yet fully aligned, and the upper Bollinger Band near 133 to 137 is the first resistance zone. A sustained weekly close above 136.66 would confirm a stronger uptrend.
Key indicators
NTES Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 50.70 | 58.06 |
| MACD (12, 26, 9) | 1.18 / 1.10 / 0.08 | 1.31 / -0.47 / 1.78 |
| ATR (14) | 3.36 (2.62%) | 8.78 (6.58%) |
| Bollinger Bands (20, 2) | 120.22 - 137.18 | 105.35 - 133.28 |
| SMA (20) | 128.70 | 119.31 |
| SMA (50) | 125.76 | 128.09 |
| SMA (200) | 125.64 | 100.09 |
Price structure
NTES Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 128.11 | 133.27 |
| 1-Period Return | -1.91% | +11.48% |
| 5-Period Return | -1.16% | +7.73% |
| 20-Period Return | -3.88% | +15.22% |
| 60-Period Return | +11.18% | +7.48% |
| 252-Period Return | +0.74% | +76.69% |
| 52-Week Low | 105.44 | 105.44 |
| 52-Week High | 156.41 | 156.41 |
| 52-Week Position | 44.48% | 54.61% |
Key levels
NTES Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 135.80 | 136.66 |
| 20-Period Low | 118.81 | 105.44 |
| 60-Period High | 136.66 | 156.41 |
| 60-Period Low | 105.44 | 105.44 |
Scenarios
NTES Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims and holds above SMA20 (128.70), then clears the 20-day high at 135.80 and the 60-day high at 136.66 with expanding volume. On the weekly chart, a close above 136.66 would reinforce the recovery toward the 52-week high near 156.41.
Invalidation
Price falls back below the 125.64 to 125.76 support band (SMA200 and SMA50) and breaks the 20-day low at 118.81.
What to watch
Daily RSI staying above 50; MACD histogram turning positive again; weekly RSI holding above 55; volume expanding on up days; NetEase earnings on August 13 and China gaming and ADR sentiment.
Range-Bound
Trigger
Price oscillates between support near 125.64 to 125.76 (SMA200 and SMA50) and resistance near 135.80 to 136.66 without a clear directional breakout.
Invalidation
A decisive break above 136.66 or below 118.81 with above-average volume.
What to watch
RSI oscillating between 45 and 60; MACD histogram hovering near zero; volume staying muted near or below average; direction of US-listed China tech peers.
Bearish
Trigger
Price fails to hold the 125.64 to 125.76 band and breaks below the 20-day low at 118.81, signaling the rebound has failed and a deeper correction is underway.
Invalidation
Price reclaims and holds above SMA20 (128.70) and posts a higher low above 118.81.
What to watch
Daily RSI sliding below 45; MACD line crossing under the signal; volume rising on down days; negative regulatory headlines or a weak earnings read.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 7, 2026.
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