RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of JG
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Volatile ride for Aurora Mobile Ltd stock price on Wednesday moving between $2.92 and $3.60
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Aurora Mobile Ltd stock price gained 15.11% on the last trading day (Wednesday, 27th Mar 2024), rising from $3.11 to $3.58. During the last trading day the stock fluctuated 23.29% from a day low at $2.92 to a day high of $3.60. The price has risen in 6 of the last 10 days and is up by 18.87% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 15 thousand more shares were traded than the day before. In total, 21 thousand shares were bought and sold for approximately $74.52 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.93% during the next 3 months and, with a 90% probability hold a price between $1.99 and $3.66 at the end of this 3-month period.

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JG Signals & Forecast

Mostly positive signals in the chart today. The Aurora Mobile Ltd stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $3.33 and $3.12. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 21, 2024, and so far it has risen 46.72%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Aurora Mobile Ltd has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Aurora Mobile Ltd stock

On the downside, the stock finds support just below today's level from accumulated volume at $3.03 and $3.00. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Aurora Mobile Ltd finds support just below today's level at $3.03. If this is broken, then the next support from accumulated volume will be at $3.00 and $2.74.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.680 between high and low, or 23.29%. For the last week, the stock has had daily average volatility of 13.06%.

Our recommended stop-loss: $3.44 (-3.86%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 25 days ago.)

Trading Expectations (JG) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Aurora Mobile Ltd to open at $3.37, and during the day (based on 14 day Average True Range), to move between $3.23 and $3.93, which gives a possible trading interval of +/-$0.350 (+/-9.77%) up or down from last closing price. If Aurora Mobile Ltd takes out the full calculated possible swing range there will be an estimated 19.54% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.86 (7.82%) than the support at $3.03 (15.36%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Aurora Mobile Ltd stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 4.119 Buy Candidate Upgraded

Predicted Opening Price for Aurora Mobile Ltd of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$3.37 ( 5.96%) $3.58

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for JG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.05 13.04 %
R2 3.79 5.78 %
R1 3.63 1.30 %
Current price: 3.58
Support S1 3.11 -13.21 %
S2 2.95 -17.70 %
S3 2.69 -24.95 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 4.11 14.80 %
R2 4.00 11.73 %
R1 3.86 7.82 %
Current price 3.58
Support S1 3.03 -15.36%
S2 3.00 -16.20%
S3 2.74 -23.46%

FAQ

What is the symbol for Aurora Mobile Ltd Stock and on which exchange is it traded?
The symbol for Aurora Mobile Ltd is JG and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Aurora Mobile Ltd Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Aurora Mobile Ltd Stock?
Aurora Mobile Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Aurora Mobile Ltd Stock.

What's the current price of Aurora Mobile Ltd Stock?
As of the end of day on the 2024-03-27, the price of an Aurora Mobile Ltd (JG) share was $3.58.

What is the 52-week high and low for Aurora Mobile Ltd Stock?
The 52-week high for Aurora Mobile Ltd Stock is $4.69 and the 52-week low is $0.100.

What is the market capitalization of Aurora Mobile Ltd Stock?
As of the 2024-03-27, the market capitalization of Aurora Mobile Ltd is 17.712M.

When is the next earnings date for Aurora Mobile Ltd?
The upcoming earnings date for Aurora Mobile Ltd is Jun 13, 2024.
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About Aurora Mobile Ltd

Aurora Mobile Ltd Aurora Mobile Limited, through its subsidiaries, operates as a mobile app developer service provider in China. The company provides push notification, instant messaging, analytics, sharing and short message service, one-click verification, and other services. Its vertical applications have expanded to market intelligence, financial risk management, and location-based intelligence; and offers real-time market intelligence solutions, such as produc... JG Profile

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