Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. JinkoSolar Holding Co. Ltd ADR shares valued at $518,573 were purchased by HY Vision Cloud Holdings Limit on Sep 30 ’24. At $25.93 per share, HY Vision Cloud Holdings Limit acquired 20,000 shares.
As published in a research note from Daiwa Securities on January 10, 2025, JinkoSolar Holding Co. Ltd ADR [JKS] has been rated down from an Underperform to a Sell. Analysts at ROTH MKM downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late March. As of February 05, 2024, HSBC Securities has decreased its “Buy” rating to a “Hold” for JKS. Earlier on February 05, 2024, Daiwa Securities downgraded its rating. Their new recommendation was “a Neutral” for JKS stock which previously was a “an Outperform”.
Analyzing JKS Stock Performance
During the last five days, there has been a surge of approximately 1.00%. Over the course of the year, JinkoSolar Holding Co. Ltd ADR shares have dropped approximately -31.08%. Shares of the company reached a 52-week high of $28.56 on 01/07/25 and a 52-week low of $13.42 on 04/11/25. A 50-day SMA is recorded $19.73, while a 200-day SMA reached $21.68.
Support And Resistance Levels for JinkoSolar Holding Co. Ltd ADR (JKS)
According to the 24-hour chart, there is a support level at 16.38, which, if violated, would cause prices to drop to 15.60. In the upper region, resistance lies at 17.72. The next price resistance is at 18.28. RSI (Relative Strength Index) is 46.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.99, which suggests the price will decrease in the coming days. Percent R is at 21.43%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
