Early Morning Trend | YIXIN's trading volume expands, is the heat of automotive finance rising again?
YIXIN Group (2858.HK) has seen a significant increase in trading volume this week, with its stock price continuously breaking through key moving averages, indicating a strong bullish sentiment in the short term. The MACD daily chart has formed a golden cross, signaling the initial stage of a major upward trend, with active inflow of market funds. During intraday trading, the volume-price relationship has been favorable, and the secondary market shows an increased preference for the automotive finance sector, with aggressive buying from investors. The industry as a whole benefits from the recovery in automotive consumption and the demand for car purchases driven by policy stimulus. YIXIN Group primarily provides auto loan services, and recent improvements in post-loan asset quality and credit risk have continuously driven expectations for the company's fundamentals to recover. The trading volume on third-party platforms has grown significantly, and institutions are actively raising the company's ratings, attracting multiple sources of funds to participate.
From a technical perspective, the 5-day and 10-day moving averages have crossed upward, and the stock price has found support on pullbacks. In the short term, attention should be paid to the previous high resistance area; once a breakout occurs with increased volume, a new wave of upward momentum is expected. Caution is advised for pullback adjustments after a decrease in volume, as buying on dips is preferable to chasing highs.
Operational advice suggests focusing on a right-side approach, avoiding blind chasing of highs at elevated levels. Close attention should be paid to intraday trading data and industry policy dynamics to respond promptly to emotional reversals caused by fluctuations in the sector. Overall, the automotive finance sector is regaining momentum, and YIXIN Group is showing positive short-term performance
Technical Forecast·
