Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. JD.com Inc ADR shares valued at $6,881,121 were purchased by Fortune Rising Holdings Ltd on Dec 31 ’24. At $34.26 per share, Fortune Rising Holdings Ltd acquired 200,850 shares.
Also, Xu Ran purchased 15,000 shares, netting a total of over 538,650 in proceeds.
Before that, Su Shan had added 4,750 shares to its account. In a trade valued at $170,572, the Affiliate bought JD.com Inc ADR shares for $35.91 each.
As published in a research note from Bernstein on December 09, 2024, JD.com Inc ADR [JD] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $46. Analysts at Loop Capital upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late October. As of August 16, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for JD. Earlier on May 17, 2024, Macquarie upgraded its rating. Their new recommendation was “an Outperform” for JD stock which previously was a “a Neutral”.
Analyzing JD Stock Performance
During the last five days, there has been a surge of approximately 9.41%. Over the course of the year, JD.com Inc ADR shares have jumped approximately 11.62%. Shares of the company reached a 52-week high of $40.22 on 01/21/25 and a 52-week low of $32.78 on 01/10/25. A 50-day SMA is recorded $36.25, while a 200-day SMA reached $32.25. Nevertheless, trading volume fell to 7.28 million shares from 12.97 million shares the previous day.
Support And Resistance Levels for JD.com Inc ADR (JD)
According to the 24-hour chart, there is a support level at 38.37, which, if violated, would cause prices to drop to 38.04. In the upper region, resistance lies at 38.97. The next price resistance is at 39.23. RSI (Relative Strength Index) is 60.85 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.93, which suggests the price will increase in the coming days. Percent R is at 20.43%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
