Company Overview: Yiren Digital Ltd (NYSE: YRD) is a holding company primarily focused on running a digital personal financial management platform and offering a range of wealth, credit, and financial solutions to individual borrowers and small business owners. The company operates through three main segments. The Yiren Wealth segment provides a wealth management platform catering to the mass affluent demographic, offering comprehensive wealth solutions. The Yiren Credit segment runs a credit-tech platform that delivers a wide variety of online and offline loan products to individual borrowers and small business owners. The Others segment is involved in e-commerce, offering products like skincare, beauty items, electronics, and appliances, while also enabling users to finance their purchases with loans and offering customized non-financial products and services. Additionally, the company is involved in the insurance sector.

As per our previous US Daily Report published on ‘YRD’ on 09^th December 2024, Kalkine provided a ‘Buy’ stance on the stock at USD 4.84 based on ‘’decent fundamental, price action, recent key business and financial updates, momentum in the stock over the last month, and technical indicators analysis” and the stock price has now moved by ~46.69% since then and attained resistance 1 and resistance 2.

Noted below are the details of support and resistance levels provided in our previous report:

YRD’s Daily Chart 

Considering the current trading levels, current macro environment, resistance 1 and 2 attainment, and risks associated, a ‘Sell’ rating is assigned to the “YRD” at the current market price of USD 7.10, as of February 18, 2025, at 08:20 am PST. 

Note: This report may be updated with details around fundamental and technical analysis, price/ chart in due course, as appropriate

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is February 18, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Target Price refers to a price level that the stock is expected to reach as per the relative valuation method and or technical analysis taking into consideration both short-term and long-term scenarios.

Note 5: ‘Kalkine reports are prepared based on the stock prices captured either from the New York Stock Exchange (NYSE), NASDAQ Capital Markets (NASDAQ), and or REFINITIV. Typically, all sources (NYSE, NASDAQ, or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’