Jumia's Chart Signals MACD, KDJ Death Crosses

On the 11th of July, 2024, at 11:00, the 15-minute chart of Jumia Technologies exhibited a bearish indicator as both the Moving Average Convergence Divergence (MACD) and the Stochastic KDJ indicators experienced a 'Death Cross' pattern. This suggests that the stock's price may be poised for a continued decline, with the momentum shifting in favor of a downward trajectory, indicating the possibility of further depreciation in value.