JD Price Prediction Next Week
Based on the provided data and technical analysis, here is the prediction for JD's stock price next week:
Technical Analysis:
The technical indicators show:
- RSI at 67.08 indicates approaching overbought territory but still has room to run
- MACD at 0.72 suggests positive momentum
- Stock trading above both 20-day MA (35.95) and 60-day MA (36.95), indicating bullish trend
News Analysis:
- JD stock gained 14.96% last week after Trump skipped China's tariff threats
- China's efforts to get insurers to invest in stocks provided additional market support
- Broader market sentiment remains cautious due to mixed economic data and upcoming Fed meeting
Price Projection: Using Fibonacci levels :
- Support levels: $33.73 (S1), $31.84 (S2)
- Resistance levels: $39.84 (R1), $41.73 (R2)
- Pivot point: $36.79
Price Target for Next Week: Based on the technical setup and positive news momentum:
- Most likely scenario (60% probability): Stock will test R1 at $39.84
- Bullish case (25% probability): Break above R1 to test R2 at $41.73
- Bearish case (15% probability): Pullback to S1 at $33.73
Trading Recommendation: BUY with:
- Entry point: Current market price ($40.68)
- Stop loss: Below S1 at $33.50
- First target: R1 at $39.84
- Second target: R2 at $41.73
The stock shows strong momentum after last week's rally, supported by positive market sentiment and China's supportive policies. However, traders should be cautious of potential volatility around the upcoming Fed meeting.
JD Similar Chart Price Prediction
The price of JD is predicted to go up 11.76%, based on the high correlation periods with ESNT. The similarity of these two price pattern on the periods is 95.87%.
JD
ESNT
Up: 11.76%Similarity: 95.87%
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JD VS S&P500
JD.com's new free return, exchange, and shipping policies substantially increase the new user base, purchase frequency, and average order value, leading to better-than-expected profit for the firm.
JD.com can increase the number of its merchants and their competitively priced products, similar to the scale of Taobao, 1688, and Pinduoduo, without sacrificing margins.
JD.com adopts generative AI in its platform to help customers buy products that meet their specific demand better compared with its peers, leading to market share gain.
JD Analyst's Forecast
Robin Zhu
Bernstein
Hold → Buy
Price Target
$43 → $46
Upside
+11.46%
Bernstein upgraded JD.com to Outperform from Market Perform with a $46 price target.
Alicia Yap
Citigroup
Strong Buy
Price Target
$52 → $51
Upside
+45.71%
Rob Sanderson
Loop Capital
Hold → Strong Buy
Price Target
$49 → $48
Upside
+20.97%