Jumia Technologies AG: Always slow with the young horses

by Sentiment Analyst |

What do shareholders think of Jumia Technologies AG?

One of the soft factors in assessing a share is the long-term observation of communication on the net. From this point of view, the stock of Jumia has given the following picture for the past monthsThe intensity of discussion, which is mainly shown by the frequency of word contributions, has thereby produced the usual activity on the net. Therefore, Jumia receives a “Hold” rating for this factor. The so-called rate of change in sentiment experienced hardly any changes during this period. This is equivalent to a “Hold” rating. Thus, Jumia is a “Hold” stock overall.

The Relative Strength Index and its current data

The Relative Strength Index, abbreviated as RSI, indexes the movements of stock prices within 7 days by relating the upward movements to the number of movements. The standard range is from 0 to 100, The RSI of Jumia is 81.76, which means that the situation is considered overbought. This results in a rating as “Sell”. The RSI25 extends the calculation period to 25 days. The RSI for Jumia is 64.23. This is considered an indicator of a situation that is neither overbought nor oversold, which is assigned a “Hold” rating. Overall, we therefore assign a “Sell” rating for this category.

What is the mood in the social media?

The discussions around Jumia on social media platforms give a clear signal about the assessments and sentiments around the title. Currently, overall positive opinions are piling up in the comments and opinions in the past two weeks. In addition, predominantly positive topics were raised around the value in recent days. This leads our editorial team to the conclusion that the company should be classified as a “buy”. In summary, the editorial team is thus of the opinion that the share of Jumia is appropriately valued in terms of investor sentiment with “Buy”.