Stock Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Jumia Technologies (NYSE:JMIA)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JMIA
The long term trend has been DOWN since Jul 23rd, 2019 at 21.00
The intermediate term trend has been UP since Dec 30th, 2019 at 6.19
The short term trend has been UP since Jan 16th, 2020 at 6.28
Smart Scan Analysis for JMIA
Based on a pre-defined weighted trend formula for chart analysis, JMIA scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||49.77||52wk High Date||2019-04-17|
|52wk Low||4.94||52wk Low Date||2019-11-18|
|Average Volume||970,693||Market Cap||842M|