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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Yiren Digital Ltd. American Depositary Shares, each representing two ordinary shares (NYSE:YRD)
Sidelines Mode (+55) - YRD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid YRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for YRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for YRD
The long-term trend has been UP since Nov 14th, 2022 at 1.3386
The intermediate-term trend has been UP since May 2nd, 2024 at 5.4700
The short-term trend has been DOWN since May 8th, 2024 at 5.1100
Smart Scan Analysis for YRD
Based on our trend formula, YRD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.180 | 5.284 | 4.860 | 4.910 | -0.260 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.170 | 105661 | 2024-05-08 15:59:23 |
| Year High | 47.93 | Year High Date | 2018-01-03 |
| Year Low | 12.39 | Year Low Date | 2018-08-14 |
| 52wk High | 5.8 | 52wk High Date | 2024-03-04 |
| 52wk Low | 1.94 | 52wk Low Date | 2023-05-26 |
| Average Volume | 130,625 | Market Cap | 873M |
| Assets | 935,124,100M | Liabilities | 182,223,500M |
| P/E Ratio | 1.3732 | Volatility | 81.79 |