- Beat earnings estimates in all of the last 4 quarters
- +82.9% price growth over the last year
- Highly efficient cash conversion (111% FCF/OCF ratio)
Jumia Technologies AG stock downgraded from Hold/Accumulate to Sell Candidate after Tuesday trading session
(Updated on Jun 23, 2026)
The Jumia Technologies AG stock price fell by -4.39% on the last day (Tuesday, 23rd Jun 2026) from $6.60 to $6.31. During the last trading day the stock fluctuated 5.49% from a day low at $6.19 to a day high of $6.53. The price has fallen in 6 of the last 10 days and is down by -8.02% for this period. Volume has increased on the last day by 166 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 million shares were bought and sold for approximately $19.07 million.
Given the current horizontal trend, you can expect Jumia Technologies AG stock with a 90% probability to be traded between $6.28 and $8.64 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
JMIA Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Jumia Technologies AG stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $6.92 and $7.14. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, May 07, 2026, and so far it has fallen -27.47%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for Jumia Technologies AG stock
There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.
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 $0.340 between high and low, or 5.49%. For the last week, the stock has had daily average volatility of 6.66%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (JMIA) For The Upcoming Trading Day Of Wednesday 24th
For the upcoming trading day on Wednesday, 24th we expect Jumia Technologies AG to open at $6.34, and during the day (based on 14 day Average True Range), to move between $6.08 and $6.54, which gives a possible trading interval of +/-$0.451 (+/-7.41%) up or down from last closing price. If Jumia Technologies AG takes out the full calculated possible swing range there will be an estimated 7.41% move between the lowest and the highest trading price during the day.
With no support below and resistance from accumulated volume @ $6.89, some $0.580 (9.19%) from the current price of $6.31, our system finds the risk reward not very attractive.
Is Jumia Technologies AG stock A Buy?
Jumia Technologies AG holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Sell candidate.
Current score:
-3.822
Sell Candidate
Downgraded
Predicted Fair Opening Price
Predicted fair opening price on June 24, 2026 - $6.34 ( 0.528%).
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JMIA Performance
Trading levels for JMIA
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 6.68 | 5.92% |
| R2 | 6.55 | 3.86% |
| R1 | 6.47 | 2.59% |
| Price | 6.31 | |
| S1 | 6.21 | -1.53% |
| S2 | 6.13 | -2.80% |
| S3 | 6.00 | -4.86% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 7.45 | 18.07% |
| R2 | 7.14 | 13.15% |
| R1 | 6.89 | 9.19% |
| Price | 6.31 | |
| S1 | 0 | - |
| S2 | 0 | - |
| S3 | 0 | - |
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