YIREN DIGITAL LTD - SPS ADR (YRD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:YRD - US98585L1008 - ADR
Taking everything into account, YRD scores 0 out of 10 in our technical rating. YRD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of YRD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.36
We found 1 important support area.
- Support @4.40 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.06 to 6.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for YRD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for YRD is down. |
| ChartMill Relative Strength | 17.42 | NEGATIVE | YRD has a low relative strength, it was outperformed by 82.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of YRD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of YRD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of YRD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.83 | OVERSOLD | The low RSI value suggests YRD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests YRD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.63 | OVERSOLD | The low Stochastics value suggests YRD may be oversold. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for YRD suggests some volalility. |
| Average Directional Index/ADX (14) | 31.56 | POSITIVE | The high ADX value value for YRD suggests a strong trend. |
4.41
+0.16 (+3.76%)
YIREN DIGITAL LTD - SPS ADR / YRD FAQ
What is the technical rating for YRD stock?
ChartMill assigns a technical rating of 0 / 10 to YRD.
Can you provide the trend direction for YIREN DIGITAL LTD - SPS ADR?
The current trend direction for YIREN DIGITAL LTD - SPS ADR (YRD) is Bearish.
Can you provide the RSI signal for YIREN DIGITAL LTD - SPS ADR?
YIREN DIGITAL LTD - SPS ADR (YRD) has an RSI value of 27.8322. This indicates that the stock is currently oversold.
What is the short term momentum for YIREN DIGITAL LTD - SPS ADR (YRD) stock?
The short term momentum for YIREN DIGITAL LTD - SPS ADR (YRD) is negative.
Can you provide the buy/sell signal for YIREN DIGITAL LTD - SPS ADR?
The buy/sell signal for YIREN DIGITAL LTD - SPS ADR (YRD) is sell as both the short term and long term trends are negative.