Yiren Digital Ltd SMA 50
What is the SMA 50 of Yiren Digital Ltd?
The SMA 50 of Yiren Digital Ltd is $5 -4.10%
What is the definition of SMA 50?
SMA 50 is an average stock price from the last 50 days calculated as an unweighted mean of the previous 50 stock closing prices.
Simple moving average of 50 days for a stock is an unweighted moving average over the past 50 days. Moving averages will always exhibit a lag and the longer the period used for averaging the greater the lag will be. Because of the large amounts of data considered when calculating a long-term moving average, it takes a considerable amount of movement in the market to cause the moving average to change its course.
Using a moving average to confirm a trend in price is one of the most basic, yet effecting ways of using the indicator. Moving averages take into account what has already happened and a whole range of past events, which makes them such a good technical analysis tool for trend confirmations. Generally, a long-term moving average that is clearly on the upswing is a confirmation of a bullish trend. Conversely, a long-term moving average that is clearly on the downswing is a confirmation of a bearish trend.
SMA 50 of companies in the Finance sector on NYSE compared to Yiren Digital Ltd
What does Yiren Digital Ltd do?
yirendai (nyse: yrd) is a leading online consumer finance marketplace in china connecting investors and individual borrowers. the company provides an effective solution to address largely underserved investor and individual borrower demand in china through an online platform that automates key aspects of its operations to efficiently match borrowers with investors and execute loan transactions. yirendai deploys a proprietary risk management system, which enables the company to effectively assess the creditworthiness of borrowers, appropriately price the risks associated with borrowers, and offer quality loan investment opportunities to investors. yirendai's online marketplace provides borrowers with quick and convenient access to consumer credit at competitive prices and investors with easy and quick access to an alternative asset class with attractive returns.
Companies with sma 50 similar to Yiren Digital Ltd
- Comptoir plc has SMA 50 of GBX5 +5.22%
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- E Fund Leveraged and Inverse Series - E Fund Yuanta Hang Seng Index Daily (2x) Leveraged Product has SMA 50 of HKD$5 +43.36%
- Yiren Digital Ltd has SMA 50 of $5 -4.10%
- Nanobiotix S.A has SMA 50 of €5 -1.48%
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- Glittek Granites has SMA 50 of ₨5 -4.09%
- WELL Health Technologies has SMA 50 of CAD$5 -6.80%
- Seritage Growth Properties has SMA 50 of $5 -6.31%
- Alstom SA has SMA 50 of $5 -Inf%