Buy signal in confirmation
JD.com Gains 9.3% on Four Rising Lows, but Daily CMF Diverges
Buy signal in confirmation
Our view last week
JD.com's buy signal, which fired last week, holds: the week just closed adds 1.9%, with four rising daily lows from the 25 area to the 30 area and the weekly MACD crossing bullish, while an ongoing distribution phase calls for some caution. For anyone tracking JD.com stock with weekly technical analysis, the Consumer Discretionary sector remains weak.
This week's summary
JD.com closes the week up 9.3%, the fourth straight session of rising lows running from the 26 area to the 32 area. Daily RSI climbs to 79, edging into overbought, with 97% of daily volume on the buy side — yet money flow (CMF) stays negative, a divergence worth watching. Price is pressing against resistance in the 33 area, the 7-day high: above that level the breakout entry trigger fires.
IQS Phase
51
ordinary
Signal Strength
47
medium · weak
Sizing
REDUCED
Ranking
#74 / 120
US stocks in progress
Trade P&L %
+11.44%
from signal to date, no stop loss
Rank position
ranks 74th among the 120 Longs already running for US stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimein positive regime
Performanceweekly +6.11% · monthly -1.69%
JD belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified in positive regime according to our weekly reading.
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