---
title: "Jumia's Chart Signals MACD, KDJ Death Crosses"
description: "Jumia's Chart Signals MACD, KDJ Death Crosses"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/208611831.md"
published_at: "2024-07-11T15:02:20.000Z"
---

# Jumia's Chart Signals MACD, KDJ Death Crosses

On the 11th of July, 2024, at 11:00, the 15-minute chart of Jumia Technologies exhibited a bearish indicator as both the Moving Average Convergence Divergence (MACD) and the Stochastic KDJ indicators experienced a 'Death Cross' pattern. This suggests that the stock's price may be poised for a continued decline, with the momentum shifting in favor of a downward trajectory, indicating the possibility of further depreciation in value.

### Related Stocks

- [JMIA.US - Jumia Tech AG ](https://longbridge.com/en/quote/JMIA.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| African e-commerce firm Jumia aims for profit as it fends off Chinese rivals | Jumia Technologies, an African e-commerce firm, aims to achieve profitability by the end of 2026 after restructuring eff | [Link](https://longbridge.com/en/news/275632295.md) |
| Jumia Technologies AG steigert GMV im vierten Quartal 2025 auf 279,5 Mio. USD, plus 36 Prozent | Jumia Technologies AG reported a 36% increase in Gross Merchandise Volume (GMV) to $279.5 million for Q4 2025, with reve | [Link](https://longbridge.com/en/news/275452204.md) |
| Jumia Posts Strong Q4 2025 Growth and Sharply Lower Cash Burn | Jumia Technologies AG reported strong Q4 2025 results with a 34% revenue increase to $61.4 million and a narrowed operat | [Link](https://longbridge.com/en/news/275456441.md) |
| Why Jumia Technologies (JMIA) Is Up 21.8% After Strong Q3 Growth and Breakeven Guidance | Jumia Technologies reported strong Q3 2025 results with a 25% revenue increase and 21% growth in Gross Merchandise Volum | [Link](https://longbridge.com/en/news/268132120.md) |
| Jumia Reports 30% Surge in Physical Goods Orders and 35% GMV Growth for Black Friday Period | Jumia Technologies AG reported a 30% increase in physical goods orders and a 35% rise in GMV during the Black Friday per | [Link](https://longbridge.com/en/news/269227707.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.