JD.com stock returns
China’s leading e-commerce company JD.com (JD) has lost over 6.2% of its value since April 2019. Despite the recent pullback, JD.com stock has gained an impressive 35.0% since the start of 2019. JD.com stock had a disappointing run in 2018 with a 52.0% loss in market value. At the end of last year, JD.com was trading close to its three-year low, wiping off significant gains. The upward spiral in 2019 has meant that JD.com stock is now up 34.0% in the last three years, which is still less than its 2019 return.
JD.com has underperformed broader indexes as well. The stock has gained just 3.3% in the last five years. JD.com stock is currently trading 47.0% above its 52-week low of $19.21 and 34.0% below its 52-week high of $42.72.
The SPDR S&P 500 (SPY) has generated returns of 17.5% year-to-date. SPY has also gained 7.3% in the last 12 months, 49.4% in the last three years, and 65.7% in the last five years.
The Invesco QQQ ETF (QQQ) has generated returns of 21.1% year to date. QQQ has also gained 6.3% in the last 12 months, 79.4% in the last three years, and 112.0% in the last five years.
What do the technical indicators suggest?
JD.com stock is trading at $28.26 per share, which means that it’s trading at the following levels:
- 2.0% above its 100-day moving average of $27.71
- 0.8% below its 50-day moving average of $28.48
- 4.8% above its 20-day moving average of $26.96
RSI and MACD
JD.com has a MACD (moving average convergence divergence) score of 0.65. A stock’s MACD marks the difference between its short-term and long-term moving averages. JD’s positive MACD score indicates an upward trading trend.
JD.com stock has a 14-day RSI (relative strength index) score of 55, which shows that its stock is trading closer to overbought territory. An RSI score of above 70 indicates that a stock is overbought, while an RSI score of below 30 indicates that a stock is oversold.