NetEase Inc Surges 140.4% in Trading Volume Ranking 429th

On June 3, 2025, NetEase Inc. (NTES) saw a significant increase in trading volume, with a turnover of $23.7 million, marking a 140.4% rise from the previous day. This surge placed NTES at the 429th position in terms of trading volume for the day. The stock price of NTES rose by 2.32%, marking the second consecutive day of gains, with a total increase of 3.53% over the past two days.

Analysts have provided various trading strategies for NTES. For long-term trading, it is recommended to buy NTES near $118.70, with a stop loss set at $118.36. This strategy is based on the support level at $118.70, which, if tested, would act as a buy signal. Conversely, there are no current resistance levels indicated, suggesting that short positions may be risky unless the stock reverses lower and below support levels.

For swing trading, the technical summary data suggests buying NTES slightly above a certain resistance level, with an upside target yet to be determined. A stop loss should be set at $0 to protect against potential losses. Additionally, a short position is recommended if NTES tests a specific resistance level, with a downside target of $124.87 and a stop loss at $0. This strategy is based on the principle that any test of resistance is a short signal.

Day trading plans for NTES also involve buying the stock slightly above a resistance level, with an upside target and stop loss yet to be determined. Conversely, a short position is recommended if NTES tests a specific resistance level, with a downside target of $124.87 and a stop loss at $0. This strategy is based on the principle that any break above resistance is a buy signal, while any test of resistance is a short signal.

Myriad Asset Management US LP recently acquired a new stake in NetEase, Inc. during the first quarter, indicating a bullish sentiment towards the company. This move by a prominent investment firm could potentially influence the stock's performance in the coming months.