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 SY
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So-Young International Inc. stock upgraded to Buy Candidate.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The So-Young International Inc. stock price gained 0.93% on the last trading day (Thursday, 28th Mar 2024), rising from $1.08 to $1.09. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.85% from a day low at $1.08 to a day high of $1.10. The price has risen in 7 of the last 10 days and is up by 9% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 39 thousand more shares were traded than the day before. In total, 96 thousand shares were bought and sold for approximately $104.45 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -2.24% during the next 3 months and, with a 90% probability hold a price between $0.90 and $1.13 at the end of this 3-month period.

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SY Signals & Forecast

The So-Young International Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $1.06 and $1.07. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). So-Young International Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, February 23, 2024, and so far it has fallen -6.84%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for So-Young International Inc. stock

So-Young International Inc. finds support from accumulated volume at $1.05 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0200 between high and low, or 1.85%. For the last week, the stock has had daily average volatility of 3.83%.

Our recommended stop-loss: $1.04 (-4.39%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 24 days ago.)

Trading Expectations (SY) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect So-Young International Inc. to open at $1.09, and during the day (based on 14 day Average True Range), to move between $1.03 and $1.15, which gives a possible trading interval of +/-$0.0578 (+/-5.31%) up or down from last closing price. If So-Young International Inc. takes out the full calculated possible swing range there will be an estimated 10.61% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $1.11 (1.83%) than the support at $1.05 (3.67%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is So-Young International Inc. stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.109 Buy Candidate Upgraded

Predicted Opening Price for So-Young International Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.09 ( 0%) $1.09

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

Trading levels for SY

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.11 1.83 %
R2 1.10 1.13 %
R1 1.10 0.701 %
Current price: 1.09
Support S1 1.08 -0.701 %
S2 1.08 -1.13 %
S3 1.07 -1.83 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.14 4.59 %
R2 1.13 3.67 %
R1 1.11 1.83 %
Current price 1.09
Support S1 1.05 -3.67%
S2 1.00 -8.26%
S3 0.94 -13.76%

SY Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 11, 2024 Apr 11, 2024 Apr 11, 2024 $0 0%
2 Mar 20, 2024 Apr 10, 2024 Apr 29, 2024 $0.0480 4.40%

FAQ

What is the symbol for So-Young International Inc. Stock and on which exchange is it traded?
The symbol for So-Young International Inc. is SY and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell So-Young International Inc. Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy So-Young International Inc. Stock?
So-Young International Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy So-Young International Inc. Stock.

What's the current price of So-Young International Inc. Stock?
As of the end of day on the 2024-03-28, the price of an So-Young International Inc. (SY) share was $1.09.

What is the 52-week high and low for So-Young International Inc. Stock?
The 52-week high for So-Young International Inc. Stock is $2.98 and the 52-week low is $0.83.

What is the market capitalization of So-Young International Inc. Stock?
As of the 2024-03-28, the market capitalization of So-Young International Inc. is 113.39M.

When is the next earnings date for So-Young International Inc.?
The upcoming earnings date for So-Young International Inc. is May 20, 2024.
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About So-Young International Inc.

So-Young International. So-Young International Inc. operates an online platform for medical aesthetics and consumption healthcare services focusing on discretionary medical treatments in the People's Republic of China and internationally. Its platform enables users to discover content and share their own experience on medical aesthetics procedures and leads users to reserve treatment services from medical aesthetic service providers for offline treatment. The company fa... SY Profile

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