Markets

NetEase Breaks Above 200-Day Moving Average - Bullish for NTES

In trading on Tuesday, shares of NetEase, Inc (Symbol: NTES) crossed above their 200 day moving average of $245.30, changing hands as high as $257.99 per share. NetEase, Inc shares are currently trading up about 7% on the day. The chart below shows the one year performance of NTES shares, versus its 200 day moving average:

NetEase, Inc 200 Day Moving Average Chart

Looking at the chart above, NTES's low point in its 52 week range is $184.60 per share, with $289.685 as the 52 week high point — that compares with a last trade of $252.25.

Click here to find out which 9 other dividend stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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