Jumia Technologies AG (JMIA, $4.54) Aroon Indicator entered a Downtrend on April 26, 2024.

A.I.dvisor
at Tickeron.com
04/27/24
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JMIA - Jumia Technologies AG
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $4.54
Daily change: +$0.14 (+3.18%)
Daily volume: 2.3M
Capitalization: $459.2M
Industry: Internet Retail
For the last three days, A.I.dvisor has detected that JMIA's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for JMIA, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 302 similar cases, of which were successful. Based on this data, the odds of success are
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JMIADaily Signal changed days agoGain/Loss if shorted
 
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General Information

an e-commerce platform and provides logistics services

Industry InternetRetail

Profile
Fundamentals
Details
Industry
Internet Software Or Services
Address
Skalitzer Strasse 104
Phone
+49 30398203454
Employees
2915
Web
https://www.group.jumia.com