Here’s Why Jumia Technologies AG (NYSE:JMIA) Jumped Up 0.9%

After completing its last trading session, Jumia Technologies AG (NYSE:JMIA) spiked up by 0.9% – here is what that looked like (as of 2019-12-24):

What is the cause of all this?? To understand this better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 50.209, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.582, an Accumulation/Distribution Index (ADI) of 0.582, an On-Balance Volume (OBV) of 207.38, and a Chaiikin Money Flow (CMF) of 5.44. 1.111

Now let’s plug these indicators in. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of Jumia Technologies AG (NYSE:JMIA). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.