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Stock Trend Analysis Report

Prepared for you on Tuesday, May 30, 2023.

Jumia Technologies AG American Depositary Shares, each representing two Ordinary Shares (NYSE:JMIA)

Bear Market Rally (-75) - JMIA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JMIA as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid JMIA?

MarketClub looks at technical strength and momentum to determine if the timing is right for JMIA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_JMIA
Open High Low JMIA Price Change
2.72 2.82 2.69 2.73 -0.02
Entry Signal

MarketClub’s Trade Triangles for JMIA

long term down The long-term trend has been DOWN since Oct 11th, 2022 at 5.08

intermediate term up The intermediate-term trend has been UP since May 22nd, 2023 at 3.09

short term down The short-term trend has been DOWN since May 25th, 2023 at 2.80

Smart Scan Analysis for JMIA

Based on our trend formula, JMIA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for JMIA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.72 2.82 2.69 2.73 -0.02
Prev. Close Volume Bid Ask Time
2.73 1226845 2023-05-26 15:59:56
52wk High10.081652wk High Date2022-08-16
52wk Low2.549152wk Low Date2023-04-26
Average Volume1,794,962Market Cap842M
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