JUMIA TECHNOLOGIES AG-ADR (JMIA)

US48138M1053 - ADR

6.77  +0.11 (+1.65%)

After market: 6.85 +0.08 (+1.18%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to JMIA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JMIA is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that JMIA is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by JMIA over the past year are nicely spread over this period.
JMIA is one of the better performing stocks in the Broadline Retail industry, it outperforms 96% of 33 stocks in the same industry.
JMIA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JMIA is lagging the market slightly.
In the last month JMIA has a been trading in the 3.88 - 7.43 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
JMIA has an average volume of 3305570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
JMIA Weekly chart
JMIA Daily chart
Setup Rating and Analysis

3

Although JMIA has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

3.53

7.18

When analyzing the support we can see 5 important areas.

  • Support @6.00 from a horizontal line in the daily time frame.
  • Support @4.32 from a trend line in the daily time frame.
  • Support @4.25 from a trend line in the weekly time frame.
  • Support @3.81 from a trend line in the weekly time frame.
  • Support @3.57 from a trend line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @6.78 from a trend line in the weekly time frame.
  • A resistance zone ranging from 7.09 to 7.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.52
Mansfield5.81
10 Day High7.43
10 Day Low5.1
20 Day High7.43
20 Day Low3.88
52 Week High8.1
52 Week Low2.23
Performance
1 Week12.65%
2 Weeks33.79%
1 Month71.83%
3 Month42.53%
6 Month133.45%
12 Month139.22%
2 Year-6.88%
3 Year-76.81%
5 Year-74.57%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.17
RSI(14)71.18
LBB4.25
UBB7.44
JMIA Daily chart

JUMIA TECHNOLOGIES AG-ADR

NYSE:JMIA (5/17/2024, 7:08:27 PM)

After market: 6.85 +0.08 (+1.18%)

6.77

+0.11 (+1.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg1.65%
1 Week12.65%
2 Weeks33.79%
1 Month71.83%
3 Month42.53%
6 Month133.45%
12 Month139.22%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.63
ATR(20)%8.03%
ATR Inc
Range Today0.84
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.43
10 Day Low5.1
20 Day High7.43
20 Day Low3.88
52 Week High8.1
52 Week Low2.23
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.09M
Volume Incr55.16%
Vol(5)4.77M
Vol(50)3.31M