JUMIA TECHNOLOGIES AG-ADR (JMIA) Stock Technical Analysis
USA - NYSE:JMIA - US48138M1053 - ADR
10.61 USD
+0.54 (+5.36%)
10.63 USD
+0.02 (+0.19%)
Overall JMIA gets a technical rating of 6 out of 10. In the last year, JMIA was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month JMIA has a been trading in the 9.34 - 12.16 range, which is quite wide. It is currently trading near the lows of this range.
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.
JMIA is one of the better performing stocks in the Broadline Retail industry, it outperforms 100% of 30 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.
JMIA has an average volume of 3319790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, JMIA does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.82
11.87
2 important support areas can be observed.
- Support @10.60 from a horizontal line in the weekly time frame.
- A support zone ranging from 9.92 to 10.06. 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.
- A resistance zone ranging from 11.15 to 11.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.42 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.63 to 11.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for JMIA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JMIA is down. |
| ChartMill Relative Strength | 97.2 | POSITIVE | JMIA has a high relative strength, it outperformed 97.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JMIA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of JMIA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JMIA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.59 | NEUTRAL | The RSI value for JMIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests JMIA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.77 | NEUTRAL | The Stochastics value for JMIA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.39 | HIGH VOLATILITY | The high ATR as a percentage value for JMIA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.16 | NEUTRAL | The ADX value for JMIA suggests a possible start of a new 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)
10.61
+0.54 (+5.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg5.36%
1 Week-2.57%
2 Weeks-2.75%
1 Month-1.3%
3 Month36.9%
6 Month230.53%
12 Month185.22%
2 Year212.98%
3 Year131.66%
5 Year-67.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%7.39%
ATR Inc62.34%
Range Today1.31
ADR(20)0.75
ADR(20)%7.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.2
3 months CRS93.88
6 months CRS98.7
Mansfield8.7
10 Day High11.52
10 Day Low9.34
20 Day High12.16
20 Day Low9.34
52 Week High13.14
52 Week Low1.6
CS1 End10.6
CR1 Start11.15
Volume & EV
DER(3)2.49%
DER(5)1.66%
Volume4.43M
Volume Incr145.22%
Vol(5)5.54M
Vol(50)3.32M
JUMIA TECHNOLOGIES AG-ADR / JMIA FAQ
What is the ChartMill technical rating of JUMIA TECHNOLOGIES AG-ADR (JMIA) stock?
ChartMill assigns a technical rating of 6 / 10 to JMIA.
What is the current trend direction of JUMIA TECHNOLOGIES AG-ADR (JMIA) stock?
The current trend direction for JUMIA TECHNOLOGIES AG-ADR (JMIA) is Bullish.
Can you provide the RSI signal for JUMIA TECHNOLOGIES AG-ADR?
JUMIA TECHNOLOGIES AG-ADR (JMIA) has an RSI value of 47.593. This indicates that the stock is currently neutral.
What is the short term momentum for JUMIA TECHNOLOGIES AG-ADR (JMIA) stock?
The short term momentum for JUMIA TECHNOLOGIES AG-ADR (JMIA) is negative.
Can you provide the support and resistance levels for JUMIA TECHNOLOGIES AG-ADR?
JUMIA TECHNOLOGIES AG-ADR (JMIA) has a support level at 10.6 and a resistance level at 11.15. Check the full technical report for our detailed analysis of JMIA support and resistance levels.