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.