Under the Trendline, Stock Looks for a New-Year Reversal: Vipshop Holdings Limited (NYSE:VIPS)

Shares of Vipshop Holdings Limited (NYSE:VIPS) have been on a recent steady downtrend, causing some worry for shareholders.

It is important to consider the moving averages of a downtrending security.  We see here that Vipshop Holdings Limited (NYSE:VIPS) is -5.04% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -6.08% from current levels.  Further back, their 200-Day Simple Moving Average is -29.41% difference from today’s price.  Currently, the stock is -22.20% from its 50-Day High and 2.37% from the 50-day low. 

RSI and Recommendations

Vipshop Holdings Limited’s RSI is 43.47.  Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 4.69% and month of 4.50%.  Wall Street analysts have a consensus 2.40 recommendation on the stock.  

Vipshop Holdings Limited (NYSE:VIPS)’s performance this year to date is -27.34%.  The stock has performed -13.51% over the last seven days, -2.44% over the last thirty, and -11.50% over the last three months.  Over the last six months, Vipshop Holdings Limited’s stock has been -35.33% and -30.43% for the year.

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