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 XYF
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Red day on Tuesday for X Financial stock after losing 0.90%
(Updated on Jul 23, 2024)

Buy or Hold candidate since May 31, 2024 Gain 6.02% PDF

The X Financial stock price fell by -0.90% on the last day (Tuesday, 23rd Jul 2024) from $4.44 to $4.40. During the last trading day the stock fluctuated 1.14% from a day low at $4.40 to a day high of $4.45. The price has been going up and down for this period, and there has been a 2.33% gain for the last 2 weeks. Volume has increased on the last day by 3 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 4 thousand shares were bought and sold for approximately $16.91 thousand.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 19.06% during the next 3 months and, with a 90% probability hold a price between $4.96 and $5.38 at the end of this 3-month period.

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XYF Signals & Forecast

The X Financial stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $4.40 and $4.32. 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). 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 Tuesday, July 16, 2024, and so far it has fallen -1.35%. Further fall is indicated until a new bottom pivot has been found. X Financial gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Tuesday, May 14, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Tuesday, May 14, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for X Financial stock

X Financial finds support from accumulated volume at $4.36 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0500 between high and low, or 1.14%. For the last week the stock has had daily average volatility of 2.91%.

Our recommended stop-loss: $4.25 (-3.38%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 40 days ago.)

Trading Expectations (XYF) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect X Financial to open at $4.42, and during the day (based on 14 day Average True Range), to move between $4.28 and $4.52, which gives a possible trading interval of +/-$0.123 (+/-2.80%) up or down from last closing price. If X Financial takes out the full calculated possible swing range there will be an estimated 5.61% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $4.41 (0.11%) than the support at $4.36 (0.91%), 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 X Financial stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for X Financial stock to perform well in the short-term.

Current score: 3.336 Buy Candidate Unchanged

Predicted Opening Price for X Financial of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$4.42 ( 0.379%) $4.40

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

Trading levels for XYF

Fibonacci Support & Resistance Levels

Level Price
R3 4.47 1.52%
R2 4.45 1.08%
R1 4.44 0.81%
Price 4.40
S1 4.40 -0.0553%
S2 4.39 -0.323%
S3 4.37 -0.758%

Accumulated Volume Support & Resistance Levels

Level Price
R3 4.46 1.36%
R2 4.45 1.14%
R1 4.41 0.114%
Price 4.40
S1 4.36 -0.91%
S2 4.30 -2.27%
S3 4.21 -4.32%

XYF Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 09, 2024 May 09, 2024 May 31, 2024 $0.170 4.10%
2 Sep 01, 2023 Sep 18, 2023 Oct 18, 2023 $0.300 8.40%
3 Mar 19, 2019 Apr 04, 2019 Nov 19, 2020 $0.300 15.63%

FAQ

What is the symbol for X Financial Stock and on which exchange is it traded?
The symbol for X Financial is XYF and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell X Financial Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for X Financial stock to perform well in the short-term.

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

What's the current price of X Financial Stock?
As of the end of day on the Jul 23, 2024, the price of an X Financial (XYF) share was $4.40.

What is the 52-week high and low for X Financial Stock?
The 52-week high for X Financial Stock is $5.00 and the 52-week low is $3.41.

What is the market capitalization of X Financial Stock?
As of the Jul 23, 2024, the market capitalization of X Financial is 219.508M.

When is the next earnings date for X Financial?
The upcoming earnings date for X Financial is Aug 26, 2024.
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About X Financial

X Financial provides personal finance services in the People's Republic of China. The company offers services as an online marketplace connecting borrowers and investors. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners, as well as Xiaoying revolving loan. The company also offers Xiaoying housing loan, a home equity loan product for property owners; investme... XYF Profile

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