RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of YRD
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Yirendai Ltd stock downgraded to Strong Sell Candidate
(Updated on Mar 27, 2024)

Sell candidate since Mar 25, 2024 Gain 2.04% PDF

The Yirendai Ltd stock price fell by -3.63% on the last day (Wednesday, 27th Mar 2024) from $4.68 to $4.51. During the last trading day the stock fluctuated 6.00% from a day low at $4.50 to a day high of $4.77. The price has fallen in 6 of the last 10 days and is down by -16.33% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -68 thousand shares and in total, 207 thousand shares were bought and sold for approximately $933.87 thousand.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $4.47 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 33.04% during the next 3 months and, with a 90% probability hold a price between $5.94 and $7.81 at the end of this 3-month period.

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YRD Signals & Forecast

There are few to no technical positive signals at the moment. The Yirendai Ltd stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $4.96 and $5.04. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 18, 2024, and so far it has fallen -20.88%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Yirendai Ltd stock

Yirendai Ltd finds support from accumulated volume at $4.42 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.270 between high and low, or 6.00%. For the last week the stock has had daily average volatility of 10.23%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (YRD) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Yirendai Ltd to open at $4.59, and during the day (based on 14 day Average True Range), to move between $4.10 and $4.92, which gives a possible trading interval of +/-$0.407 (+/-9.02%) up or down from last closing price. If Yirendai Ltd takes out the full calculated possible swing range there will be an estimated 18.04% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $4.42 (2.00%) than the resistance at $5.25 (16.41%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Yirendai Ltd stock A Buy?

The Yirendai Ltd stock holds several negative signals and despite the positive trend, we believe Yirendai Ltd will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -5.303 Strong Sell Candidate Downgraded

Predicted Opening Price for Yirendai Ltd of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$4.59 ( 1.85%) $4.51

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for YRD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 4.86 7.83 %
R2 4.76 5.55 %
R1 4.70 4.13 %
Current price: 4.51
Support S1 4.49 -0.439 %
S2 4.43 -1.85 %
S3 4.32 -4.14 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 5.45 20.84 %
R2 5.38 19.29 %
R1 5.25 16.41 %
Current price 4.51
Support S1 4.42 -2.00%
S2 4.25 -5.76%
S3 4.05 -10.20%

YRD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 15, 2018 Apr 27, 2018 May 15, 2018 $0.280 0.92%
2 Aug 01, 2017 Sep 28, 2017 Oct 16, 2017 $1.50 2.92%

FAQ

What is the symbol for Yirendai Ltd Stock and on which exchange is it traded?
The symbol for Yirendai Ltd is YRD and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Yirendai Ltd Stock?
The Yirendai Ltd stock holds several negative signals and despite the positive trend, we believe Yirendai Ltd will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

How to buy Yirendai Ltd Stock?
Yirendai Ltd Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Yirendai Ltd Stock.

What's the current price of Yirendai Ltd Stock?
As of the end of day on the 2024-03-27, the price of an Yirendai Ltd (YRD) share was $4.51.

What is the 52-week high and low for Yirendai Ltd Stock?
The 52-week high for Yirendai Ltd Stock is $5.80 and the 52-week low is $1.80.

What is the market capitalization of Yirendai Ltd Stock?
As of the 2024-03-27, the market capitalization of Yirendai Ltd is 363.504M.

When is the next earnings date for Yirendai Ltd?
The upcoming earnings date for Yirendai Ltd is Jun 07, 2024.
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About Yirendai Ltd

Yirendai Ltd Yiren Digital Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and investors in the People's Republic of China. It provides loan facilitation services; and post-origination services, such as cash processing, collection, and SMS services. The company's loan products portfolio includes unsecured consumer loans; secured consumer loan, which include secured financial leasing, auto-secured, and... YRD Profile

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