YIREN DIGITAL LTD - SPS ADR (YRD) Stock Technical Analysis
NYSE:YRD - New York Stock Exchange, Inc. - US98585L1008 - ADR - Currency: USD
Taking everything into account, YRD scores 1 out of 10 in our technical rating. YRD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month YRD has a been trading in the 5.61 - 6.70 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, YRD turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
YRD is part of the Consumer Finance industry. There are 53 other stocks in this industry, YRD did better than 46% of them.
YRD 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 YRD is lagging the market slightly.
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
4.90
7.52
We found 1 important support area.
- Support @4.95 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 6.07 to 6.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.37 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.65 to 6.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.38 to 7.45. 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 | NEUTRAL | NEUTRAL | The long term trend for YRD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for YRD is down. |
| ChartMill Relative Strength | 65.2 | NEUTRAL | YRD is not amongst the best or worst performers 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) | 35.04 | NEUTRAL | The RSI value for YRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests YRD has a negative trend. |
| Stochastics (14,3) | 6.04 | OVERSOLD | The low Stochastics value suggests YRD may be oversold. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for YRD suggests some volalility. |
| Average Directional Index/ADX (14) | 10.44 | NEGATIVE | The low ADX value for YRD suggests a weak or negative trend. |
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)
5.68
-0.24 (-4.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-4.05%
1 Week-8.39%
2 Weeks-6.43%
1 Month-6.12%
3 Month-10.97%
6 Month0%
12 Month28.8%
2 Year111.15%
3 Year421.1%
5 Year74.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%3.59%
ATR Inc5.48%
Range Today0.22
ADR(20)0.19
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.2
Mansfield-0.82
10 Day High6.7
10 Day Low5.61
20 Day High6.7
20 Day Low5.61
52 Week High9.2
52 Week Low4.12
CS1 End4.95
CR1 Start6.07
Volume & EV
DER(3)2.3%
DER(5)-1.27%
Volume87.30K
Volume Incr-10%
Vol(5)75.96K
Vol(50)110.07K