Want to know the current price of JD.com and what’s next for JD stock? On this page, we share the latest news about JD.com and give advice on buying stocks. You can also view the latest JD.com Forecast for 2022 and 2023 from our experts.
Should you buy or sell JD.com stock today? To what levels can the shares of this company rise in a year, two, three? How much will JD papers cost in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The stock forecasts include target levels for JD stock, both up and down.
JD.com Forecast for 2022 and 2023
Quotes JD.com continue to move within the fall and the downward channel. The moving averages point to a short-term bearish trend in JD stock. Prices are testing the area between the signal lines, which indicates pressure from sellers of securities and a likely continuation of the fall in the near future. At the time of publication of the forecast, the price of JD.com shares is 80.78 per share. As part of the forecast, we should expect an attempt to fall and a test of the support level near the 60.05 area. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 135.05 already in 2021, 2022, 2023.
An additional signal in favor of the growth of JD.com quotes will be a test of the support line on the relative strength index (RSI), and now we are testing resistance, so there is a risk of falling. The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the option of raising the quotes of the value of shares of JD will be a fall and a breakdown of the level of 48.05. This will indicate a breakdown of the lower border of the channel, in which case we can consider the continuation of the decline in securities to the area at the level of 20.55. It is worth waiting for confirmation of the rise in shares with a breakdown of the resistance area and closing above the level of 90.55, which will indicate a breakdown of the upper limit of the descending channel.
JD.com Forecast for 2022 and 2023 suggests an attempt to develop a decline and test the support area near the level of 60.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 135.05. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the JD rise option will be a fall and a breakdown of the level of 48.05. This will indicate a breakdown of the lower border of the bullish channel and a continuation of the fall in value to the area below the level of 20.55.
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