The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Vipshop Holdings Ltd ADR shares valued at $1,669,059 were purchased by Feng Tao on Sep 20 ’24. At $12.84 per share, Feng Tao acquired 129,989 shares.
As published in their initiating research note from Barclays on November 06, 2024, Vipshop Holdings Ltd ADR [VIPS] has been an Overweight and the price target has been revised to $19. Analysts at UBS downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late August. As of August 21, 2024, CLSA has decreased its “an Outperform” rating to a “Hold” for VIPS. Earlier on May 23, 2024, The Benchmark Company downgraded its rating. Their new recommendation was “a Hold” for VIPS stock which previously was a “a Buy”.
Analyzing VIPS Stock Performance
During the last five days, there has been a surge of approximately 1.67%. Over the course of the year, Vipshop Holdings Ltd ADR shares have jumped approximately 12.99%. Shares of the company reached a 52-week high of $15.30 on 02/06/25 and a 52-week low of $12.61 on 01/13/25. A 50-day SMA is recorded $13.70, while a 200-day SMA reached $14.31. Nevertheless, trading volume fell to 3.1 million shares from 2.23 million shares the previous day.
Support And Resistance Levels for Vipshop Holdings Ltd ADR (VIPS)
According to the 24-hour chart, there is a support level at 14.83, which, if violated, would cause prices to drop to 14.43. In the upper region, resistance lies at 15.46. The next price resistance is at 15.69. RSI (Relative Strength Index) is 60.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.38, which suggests the price will decrease in the coming days. Percent R is at 3.76%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
