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Jumia Technologies AG

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JMIA trade ideas

$JMIA * EWP TC FIB WEEKLY TF ANALYSISThe chart shared shows the historical weekly price action for Jumia Technologies AG ( NYSE:JMIA ) and includes several key Fibonacci retracement levels. Here are a few observations based on the chart: 1. IPO Price Reference: The chart marks Jumia’s IPO price on April 12, 2019, at $18.95, which has since acted as a resistance level. The price is currently significantly below this level, which is generally seen as bearish. 2. Fibonacci Retracement Levels: These retracement levels are visible at key points, such as around $17, $12.5, and $7.8. These are important as they indicate areas where the price may either stall or reverse, as seen by the price bouncing off these levels. 3. Recent Decline: After hitting the 0.5 Fibonacci retracement level near $12.50, the stock has pulled back sharply, breaking below the $7.8 level (0.382 retracement), and is currently trading around $4.67. This is a strong correction after a steep rally in mid-2024. 4. Support Levels: The chart highlights significant support around the $2.35 mark, which is near the 2023 lows. If the price continues to decline, this level could serve as a potential area for a bounce. 5. Trend Analysis: The overall trend since the 2021 peak has been downward, though there have been several rallies within the larger downtrend, one of which occurred in mid-2024. The lower highs and lows indicate that the bearish sentiment remains dominant. Overall, the chart suggests that the stock is in a corrective phase, and attention should be paid to whether it can hold above the next major support levels or continues to fall further. If the stock breaks above key Fibonacci levels, it could signal a reversal, but currently, the bias remains bearish.
NYSE:JMIALong
by Anakyn
$JMIA | First on the Scene, Aiming for 5x-10x BaggerNYSE:JMIA Jumia, often referred to as the "Amazon of Africa," presents a unique opportunity for long-term investors to tap into the rapidly expanding e-commerce landscape in Africa. Our analyst, Shay Boloor, was one of the first analysts to recognize its potential, and while the company has faced challenges, the long-term thesis remains intact. We have been scaling into position between $3.50 and $4.50 as well as adding Jan 2026 $5 Calls. Trading under $5, this is a steal for investors willing to endure the volatility that comes with small caps in an emerging market. For those with patience, the reward could be substantial, with the potential for a 5-10x return over the next five years. Key Strengths and the Opportunity: Capital Strength: Jumia has raised $200 million in capital, significantly reducing solvency risk, which now stands at near zero. This financial cushion provides the company with the flexibility needed to continue its strategic growth. Long-Term Play: The stock might take time to reflect its true value as the narrative shift, much like we saw with companies like Snowflake and Unity Software, unfolds. Jumia's expansion will need time, but the thesis remains unchanged. Small Position Allocation: Due to the inherent volatility of small caps, Jumia is a small position. However, it offers massive upside potential for those who can ride out the short-term fluctuations. Market Context and Timing: We are currently in a phase of seasonal market weakness, where investors shift focus toward large-cap, defensive stocks. This shift makes small caps like Jumia more volatile and higher-risk in the near term. However, for the long-term investor, this is the moment to accumulate a position while others stay on the sidelines. Range to Watch: $5.40 to $14: This initial range represents the next key resistance levels as Jumia works its way up. $14 to $21: Liquidity zone where price can move quickly. Above $21: Should the stock break above this level, expect significant movement with liquidity zones extending to $27, $33, and potentially $40+. This stock has remained a high-conviction play. Although Jumia remains a volatile stock, it is well-positioned to capture long-term growth in the African market, making it an excellent buy-and-hold for patient investors looking to capitalize on the next big e-commerce wave. This is a prime opportunity to snag the bottom for the next run-up.
NYSE:JMIA
by PennyBois
Jumia JMIA - The next Amazon?Not sure why Jumia has such strong technical while the fundamental are not so good. Is Jumia being given the same grace as Amazon that did not turn a profit for 13 or so years? Jumia is not turning a profit. But Jumia is like the Amazon of Africa. Do investors see the same future for Jumia? Do they see this as a bargain price for longterm investors? Not sure. The technicals have the price up 400% ytd. Price is about 500% away from all-time highs. Not sure what's next for Jumia. This is one to watch.
NYSE:JMIALong
by PortfolioBuildersClub
1
Jumia (NYSE:$JMIA) Plummets 52% on Disappointing Q2 2024 ResultsShares of Jumia Technologies (NYSE: NYSE:JMIA ) experienced a sharp 52% drop following the release of its second-quarter 2024 financial results, underscoring significant challenges the e-commerce platform faces in maintaining its market position and financial health. Key Financial Highlights - Revenue: Jumia reported a revenue of $36.5 million, marking a 17% decrease year-over-year. However, when adjusted for constant currency, revenue actually grew by 15%. - Gross Merchandise Volume (GMV): GMV stood at $170.1 million, a 5% decline year-over-year, but showed a 35% increase in constant currency terms. - Operating Loss: The company posted an operating loss of $20.2 million, an improvement from the $22.1 million loss in Q2 2023, indicating an 8% reduction year-over-year. - Adjusted EBITDA: Losses narrowed to $16.3 million from $18.2 million in the previous year, reflecting a 10% year-over-year improvement. - Net Cash Flows: Cash used in operating activities decreased significantly to $8.4 million compared to $19.5 million in Q2 2023. Strategic Commentary Jumia’s CEO, Francis Dufay, expressed optimism despite the stark revenue decline. He highlighted that the company is witnessing improved cash efficiency and accelerated usage trends. Key metrics such as orders per customer, excluding JumiaPay app orders, increased to 2.1 orders per customer, and GMV growth in reported currency improved across multiple countries. "Our quarterly cash burn declined 55% quarter-over-quarter to $8.7 million, thanks to disciplined cost management and reductions in finance costs," Dufay noted. "We continue to see a 6% sequential increase in our active customer count, showing that our strategic priorities are yielding positive results." Revenue Breakdown - Marketplace Revenue: Comprised of commissions, fulfillment, value-added services, and marketing, the segment saw a 10% decline year-over-year in USD but a 27% increase in constant currency. - First-Party Sales Revenue: This segment experienced a 24% year-over-year decline in USD, but a 4% increase in constant currency, primarily affected by lower sales in Egypt and foreign exchange impacts. Cash Position and Liquidity Jumia's liquidity stood at $92.8 million as of June 30, 2024, a decrease from $101.5 million in the previous quarter. Despite this decline, the company managed to significantly reduce its cash outflows compared to previous quarters, demonstrating improved financial management. Operational Highlights - Customer Metrics: Orders per customer and GMV in constant currency improved, signaling better customer engagement and retention. - JumiaPay: Transactions increased by 31% year-over-year, driven by higher penetration of JumiaPay on delivery and cashback campaigns. - Termination of Mastercard Agreement: Jumia ended its commercial agreement with Mastercard Asia/Pacific, aiming to diversify its relationships with other payment service providers. Outlook Jumia remains focused on reducing losses and enhancing cash efficiency. The company aims to continue increasing orders and GMV throughout 2024, excluding the potential impact of foreign exchange fluctuations. “Our strategy is working, and we are confident in our ability to achieve profitable growth,” concluded Dufay. Technical Outlook At present, Jumia (NYSE: NYSE:JMIA ) stock has experienced a decline of 50.90%. The stock exhibits a weak Relative Strength Index (RSI) of 26.55, placing it in an oversold region. The daily price chart reveals a downward gap, a pattern indicative of a price decrease due to absence of trading activity. Common factors contributing to this pattern include fundamental indicators, earnings reports, and news releases. Conclusion Jumia’s Q2 2024 results highlight the company’s ongoing struggles but also point to areas of improvement and strategic realignment. While the sharp drop in stock price reflects investor concerns, the company’s efforts to streamline operations and enhance cash management could pave the way for a more stable financial footing in the future. Investors and stakeholders will be closely watching Jumia's performance in the upcoming quarters to see if the company can turn its strategic initiatives into sustainable growth.
NYSE:JMIA
by DEXWireNews
JMIA - "African Amazon" - longterm playJumia Technologies AG is the pan-African e-commerce platform. The company's platform consists of a marketplace, which connects sellers with consumers. Its logistics service enables the shipment and delivery of packages from sellers to consumers, and the company's payment service facilitates transactions among participants active on its platform in selected markets. Jumia generates revenue from Sales of goods, Commissions, Fulfillment, Value-added services, and Marketing & Advertising. Its geographical segments are West Africa, North Africa, East & South Africa, Europe, and United Arab Emirates. The firm generates majority of its revenue from the West Africa segment. This is not a financial advice! JMIA is also called the "Amazon of Africa* We need to stay in a bullish overal sentiment of the market. If we see a corretion, this play might doesn't work. A small PB to 6 area is possible after this big run up. Keep an eye on 9.5, 12.5 levels, needs to get broken for a further upmove. You can take partial profits at these levels if u want to lock in gains. SL under 5.0 TPs approx. 17 maybe even higher to 45 area- i see it as a longterm play. Most info on the chart. Trade carefully!
NYSE:JMIALong
by meitshels_smell_trades
4
SHORT JMIA @13.00OK I don't short stocks EVER, and the volatility premium on JMIA is stupidly expensive right now so as much as I want to, I'm not buying a put at these prices, but JMIA is acting ridiculously. So let's pretend I shorted it at 13.00 and I'm thinking this is a hopefully 1 day trade, but whenever the next down day is I cover the "short" win or lose. This is for entertainment value only, it is NOT investment advice OK? P.S. Yes I know I just made a long call recently (and closed it at a solid profit right before it spiked 30%) but I just can't believe this stock has much more upside runway short term.
NYSE:JMIAShort
by redwingcoach
6
A Promising Investment in Africa's E-commerceNYSE:JMIA is retesting the $5 support level which is a major point of interest. Bouncing off this level is a good sign for strong buyer interest and a sign of further uptrend. Bullish Case Growing e-commerce market in Africa: Africa has a rapidly growing middle class and a young, tech-savvy population. This presents a significant opportunity for e-commerce companies like Jumia to tap into the expanding market and capture a substantial share of the growing online retail sector. First-mover advantage: Jumia is often referred to as the "Amazon of Africa" due to its dominant position in the African e-commerce market. As the first major player in the region, Jumia has built a strong brand and established a network of customers, sellers, and logistics partners, giving it a competitive advantage over potential new entrants.
NYSE:JMIALong
by EgideSimba
JMIA; Dead-cat bounce gains or out of depression?Technicals: - Stonks XD Overview: Jumia Technologies AG, often dubbed as 'Africa's Amazon', is a leading e-commerce platform in Africa. Despite a challenging economic environment, Jumia has shown resilience and adaptability. With a market capitalization of $351.98M, Jumia is navigating through a transformative phase, focusing on cash efficiency and profitable growth. Bullish Factors: Market Potential: Africa's e-commerce sector is poised for growth, driven by increasing internet penetration, a growing middle class, and a young population. Jumia, with its established presence, is well-positioned to capitalize on this growth. Revenue Growth: Jumia reported a revenue of $44.9 million in Q3 2023, marking an 18.8% increase in constant currency terms year-over-year. This growth, despite the 11% reported decline due to currency fluctuations, indicates underlying business strength. Cost Optimization: Jumia has significantly reduced its operating loss by 57% year-over-year and its Adjusted EBITDA loss by 67% in the same period. This demonstrates effective cost management and a path towards profitability. Diversified Revenue Streams: Jumia is not just an e-commerce platform; it also offers logistical services and a digital payment solution, JumiaPay. This diversification can be a key driver for future revenue growth. Strong Liquidity Position: As of September 30, 2023, Jumia's liquidity position was $147.4 million, indicating a solid financial buffer to support its operations and growth strategies. Risks to Consider: Economic and Political Instability: Operating in multiple African countries exposes Jumia to diverse economic and political risks, including currency fluctuations, as evidenced by the impact on its reported revenue. Intense Competition: The African e-commerce market is attracting global and local players, intensifying competition. Jumia needs to continuously innovate and improve its value proposition to maintain its market position. Supply Chain Challenges: Logistics in Africa can be complex and costly, impacting Jumia's fulfillment expenses and overall efficiency. Consumer Spending Power: With varying levels of economic development across its markets, consumer spending power in Africa can be unpredictable, affecting sales volumes. Regulatory Risks: Diverse regulatory environments across African countries can pose challenges in terms of compliance and operational flexibility. Conclusion: Investing in Jumia offers exposure to the burgeoning African e-commerce market, with the company showing promising signs of growth and cost efficiency. Jumia's diversified business model and strong liquidity position are key strengths. However, investors should be mindful of the risks associated with operating in a complex and varied market like Africa, including economic instability, intense competition, and regulatory challenges. Balancing these factors against individual investment goals and risk tolerance is crucial for potential investors in Jumia. I'd be hesitant around $18 also whether we get a hard-landing, flip narrative when data suggests otherwise.
NYSE:JMIALong
by Muri001