JD.com stock: buy or sell
Updated on:
Jan 18th, 2021
2
JD.com stock brief
- JD.com stock went down -1.65% to close at $87.77 on the stock market last Friday.
- With the recent gains, JD.com is approaching to new all-time highs again, that are now just 8.76% above the current price
- The stock is configuring an uptrend pattern since March 2020, when it bottomed at $32.70. Up to date, shares made a 168.41% gain since the beginning of this rally
- JD.com, Inc., through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China.
Should I buy JD.com stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. 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?
In the current situation of JD.com there is not any eligible buy setup. This doesn't mean $JD will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell JD.com stock?
When you own stock shares with some profit, it's really difficult to decide the correct moment to sell and get your profits. In the same way as when we have to buy shares, determining when is the best time to sell is not a whimsy decision, and we must use our own trading strategy. Our trading system selects very simple setups to guide us on when is the best moment to sell our shares. Be aware that these setups should not be used for shorting $JD stock
A guiding principle is that you must never keep a trading operation that produces higher than expected losses by the time of purchase. When to sell your stock should always be determined by the stop-loss (automatic or manual)
Is it time to sell JD.com stock?
Currently, JD.com stock doesn't match any of our preferred sell setups, so if you hold JD.com shares and your operation is in profit probably is not time to sell now
JD.com ratings
In the last 30 days, 2 analyst ratings were published for JD.com. General sentiment is bullish, with 2 out of 2 posting optimistic outlooks
| Brokerage firm | Rating |
|---|---|
| Jan 5th, 2021 | |
| Stifel Nicolaus | Neutral → |
| Jan 8th, 2021 | |
| Mizuho | |
JD.com stock analysis
JD.com stock started an uptrend in March 2020, and gained an amazing 168.41%. The price shows higher highs and higher troughs, and along the way gave some buying opportunities for those who wanted to enter. Latest pullback was in mid-December, when price bounced at $79.07. Now, the price moves in a consolidation between its last top ($96.20) and its last bottom ($79.07)
$JD moving towards to Highs
Close to ATH
SMAs overview
Supports and resistances
The current resistances are:
The current support levels are:
Bollinger bands
Since the price surpassed the upper band on January 5, the price has been corrected downwards by 8.76%
Relative strength index
The RSI dropped below the overbought level of 70 last November after just crossing to the overbough zone for just one day (weak signal). The RSI reading last Friday was 51.28. JD.com stock dropped a 5.10% since that level was lost
JD.com stock price history
JD.com IPO was on May 22nd, 2014 priced at $21.75 per share1. Since then, JD stock surged by 303.54%, with an average of 50.59% per year. If you had invested $1,000USD in JD.com stock at that time, it would have a value of $4,035.40 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. Banks and financial organisations post their analysis forecasting how a stock will performance in the future.
The following table shows the price predictions posted by brokerage institutions over the last 30 days. If you are a small investor you must not buy or sell based on these projections.
The average price target for JD.com stock calculated from the table below is $105.00. JD.com closed at $87.77 last Friday, so the target price is expecting a growth by 19.63%.
| Brokerage firm | Price target |
|---|---|
| Jan 5th, 2021 | |
| Stifel Nicolaus | $105.00 |
| Jan 8th, 2021 | |
| Mizuho | $90.00 → $105.00 |
Earnings and financials
Last November, JD.com, Inc. ($JD) posted adjusted EPS for that highly beat Market expectations. Quarterly EPS was $0.50 per share instead of $0.40. This quarterly report means an earnings surprise of 25.00%. On the contrary, the company reported revenue for this quarter was $25.7 billion in line with analysts' forecasts.
In comparison, the EPS for the same quarter last year was $2.08, so posted EPS means a drop of -75.96%. Sales skyrocketed a 29.20% on an annualized basis in the , from $1.3T to $1.7T last quarter.JD.com ($JD) will host the Q4 earnings call next March.
JD.com performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| JD.com ($JD) | 9.00% | 7.80% | 38.40% |
Important:
The viewpoints expressed in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this document does not have any knowledge of the individual 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 Viewpoints are posted for learning motives onlyJD.com summary
| Friday, January 15th, 2021 | |
|---|---|
| Open | $89.81 |
| Close | $87.77 |
| Day range | $87.21 - $89.89 |
| Previous close | $89.24 |
| Session gain | -1.65% |
| Average true range | $5.05 |
| 50d mov avg | $86.07 |
| 100d mov avg | $82.38 |
| 200d mov avg | $69.09 |
| Earnings date | March 1st, 2021 |