JIAYIN GROUP INC-ADR (JFIN)

US47737C1045 - ADR

6.46  +0.14 (+2.22%)

Technical Rating and Analysis

8

Taking everything into account, JFIN scores 8 out of 10 in our technical rating. In the last year, JFIN was one of the better performers, but we do observe some doubts in the very recent evolution.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
JFIN is part of the Consumer Finance industry. There are 51 other stocks in this industry. JFIN outperforms 94% of them.
When comparing the yearly performance of all stocks, we notice that JFIN is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by JFIN over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 10 months ago.
JFIN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JFIN is lagging the market slightly.
In the last month JFIN has a been trading in the 6.00 - 7.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
JFIN Weekly chart
JFIN Daily chart
Setup Rating and Analysis

6

JFIN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.43, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

4.87

7.48

4 important support areas can be observed.

  • A support zone ranging from 6.26 to 6.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @5.76 from a trend line in the weekly time frame.
  • A support zone ranging from 5.33 to 5.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @4.92 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 6.47 to 6.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 7.28 to 7.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.25
Mansfield0.33
10 Day High6.74
10 Day Low6.11
20 Day High7.5
20 Day Low6
52 Week High8.19
52 Week Low4.08
Performance
1 Week1.41%
2 Weeks-3.58%
1 Month-12.7%
3 Month15.77%
6 Month30.77%
12 Month53.81%
2 Year224.62%
3 Year-1.22%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)48.55
LBB6.21
UBB6.78
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
6.566.250.31 (4.73%)21.16%
An entry @6.56. This is a Buy Stop order right above the resistance zone.An exit @6.25. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.31 points, which is 4.73%.For a 1.00% total portfolio risk, you can invest 21.16% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of JFIN. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
JFIN Daily chart

JIAYIN GROUP INC-ADR

NASDAQ:JFIN (4/24/2024, 7:11:28 PM)

6.46

+0.14 (+2.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg2.22%
1 Week1.41%
2 Weeks-3.58%
1 Month-12.7%
3 Month15.77%
6 Month30.77%
12 Month53.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.22
ATR(20)%5.41%
ATR Inc
Range Today0.27
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.74
10 Day Low6.11
20 Day High7.5
20 Day Low6
52 Week High8.19
52 Week Low4.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume53.00K
Volume Incr-56.6%
Vol(5)35.79K
Vol(50)72.83K