JD.com stock: buy or sell
Updated on:
Apr 22nd, 2021
1
JD.com stock brief
- JD.com stock rose 1.57% to close at $75.72 on the stock market on Wednesday, breaking a streak of 5 sessions in negative.
- HSBC posted a strong positive rating for JD.com on Wednesday, with a target of $98.00
- JD.com, Inc. operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses.
Should I buy JD.com stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $JD stock a buy?
Currently, JD.com stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $JD in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell JD.com stock?
How to know when is it time to sell JD.com stock?. Trading strategies give us the ability us to avoid rash decisions based on our emotions or the buzz surrounding the market. When selling, as well as buying, our strategies are very simple to use but are only valid for selling shares you already own, not for selling short JD.com stock
A golden rule is that you must never hold an investment that shows a higher than expected losses by the time of the buy. When to sell shares must always be ruled by the stop-loss (automatic or manual)
Is it time to sell JD.com stock?
In the current situation of JD.com there is not any eligible sell setup, so JD.com stock holders with operations in green can keep their positions
JD.com ratings
In the last 30 days, 4 analyst ratings were published for JD.com. General sentiment is bullish, with 3 out of 4 publishing optimistic outlooks
| Brokerage firm | Rating |
|---|---|
| Apr 13th, 2021 | |
| Morgan Stanley | Buy |
| Apr 14th, 2021 | |
| Citigroup | Neutral |
| Apr 15th, 2021 | |
| HSBC | |
| Apr 21st, 2021 | |
| HSBC | |
JD.com stock analysis
Downtrend breakdown.
SMAs overview
Supports and resistances
The current resistances are:
The current support levels are:
Bollinger bands
Since the price broke down the lower band on Tuesday, the price bounced by 1.88%. The price is trading very close to the lower Bollinger band, poiting some level of oversold in recent sessions. This is not a bullish indicator, as price can trade in these levels for many days and weeks
Relative strength index
After crossing down the oversold zone yesterday, crossed up back above with a value of 33.48. This is a signal of strength for the stock
JD.com stock price history
JD.com went public on May 22nd, 2014 priced at $21.75 per share1. Since then, JD stock has risen by 248.14%, with an average of 41.36% per year. If you had invested thousand dollars in JD.com stock on May 2014, it would be valued $3,481.38 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for JD.com stock
How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.
The following table shows the price target released by financial institutions over the last 30 days. Again, these targets are not direct recommendations for individual traders and must not be followed blindly.
There are 4 price predictions released for JD.com that average $100.25. JD.com closed at $75.72 on Wednesday, that is a 24.47% than the target price.
| Brokerage firm | Price target |
|---|---|
| Apr 13th, 2021 | |
| Morgan Stanley | $92.00 → $90.00 |
| Apr 14th, 2021 | |
| Citigroup | $120.00 → $115.00 |
| Apr 15th, 2021 | |
| HSBC | $108.00 → $98.00 |
| Apr 21st, 2021 | |
| HSBC | $108.00 → $98.00 |
Earnings and financials
In mid-March, JD.com ($JD) had the shareholders call and released the report. JD.com topped consensus earnings estimates and posted of $0.23, that is a 21.05% increase versus the previous estimates of $0.19. Even so, reported revenues of $34.4 billion were in line with consensus predictions.
Compared to the same quarter last year, EPS was $0.54, so reported EPS means a drop of -57.41%. Sales skyrocketed a 31.43% on an annualized basis in the , from $1.7T to $2.2T last quarter.JD.com ($JD) will host the earnings call mid next May.
JD.com performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| JD.com ($JD) | -9.30% | -20.60% | -6.50% |
Important:
The comments written in this article are personal and not recommendations for you to buy or sell shares. The author of this document does not know the specific situations of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are expressed for learning reasons onlyJD.com summary
| Wednesday, April 21st, 2021 | |
|---|---|
| Open | $74 |
| Close | $75.72 |
| Day range | $72.81 - $75.76 |
| Previous close | $74.55 |
| Session gain | 1.57% |
| Average true range | $2.45 |
| 50d mov avg | $88.22 |
| 100d mov avg | $88.17 |
| 200d mov avg | $81.59 |
| Earnings date | May 14th, 2021 |