JUMIA TECHNOLOGIES AG-ADR (JMIA) Stock Technical Analysis
NYSE:JMIA - New York Stock Exchange, Inc. - US48138M1053 - ADR - Currency: USD
We assign a technical rating of 4 out of 10 to JMIA. In the past year, JMIA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, JMIA is a bad performer in the overall market: 76% of all stocks are doing better.
JMIA is one of the lesser performing stocks in the Broadline Retail industry. 66% of 31 stocks in the same industry do better.
JMIA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JMIA is lagging the market.
In the last month JMIA has a been trading in the 2.13 - 3.62 range, which is quite wide. It is currently trading near the high of this range.
JMIA has an average volume of 3103570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
JMIA has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.83
3.60
When analyzing the support we notice one important area.
- A support zone ranging from 2.86 to 2.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @3.31 from a horizontal line in the weekly time frame.
- Resistance @3.41 from a trend line in the daily time frame.
- Resistance @3.56 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for JMIA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JMIA is up. |
| ChartMill Relative Strength | 24.07 | NEGATIVE | JMIA has a low relative strength, it was outperformed by 75.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JMIA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JMIA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JMIA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.95 | NEUTRAL | The RSI value for JMIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests JMIA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.79 | NEUTRAL | The Stochastics value for JMIA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.65 | HIGH VOLATILITY | The high ATR as a percentage value for JMIA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.39 | POSITIVE | The high ADX value value for JMIA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.24
-0.03 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.92%
1 Week0.93%
2 Weeks-1.82%
1 Month32.79%
3 Month17.39%
6 Month-14.74%
12 Month-47.4%
2 Year16.13%
3 Year-55.43%
5 Year-27.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%7.65%
ATR Inc24.77%
Range Today0.25
ADR(20)0.23
ADR(20)%7.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.07
Mansfield-3.57
10 Day High3.62
10 Day Low2.89
20 Day High3.62
20 Day Low2.13
52 Week High15.04
52 Week Low1.6
CS1 End2.9
CR1 Start3.31
Volume & EV
DER(3)4.73%
DER(5)1.61%
Volume3.64M
Volume Incr-22.03%
Vol(5)2.56M
Vol(50)3.10M