Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share (NYSE:RLX)
Long-Term Uptrend (+90) - RLX is in a strong uptrend that is likely to continue. While RLX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for RLX
The long-term trend has been UP since Nov 13th, 2023 at 1.780
The intermediate-term trend has been UP since Apr 26th, 2024 at 1.965
The short-term trend has been UP since Apr 18th, 2024 at 1.810
Smart Scan Analysis for RLX
Based on our trend formula, RLX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.000 | 2.010 | 1.980 | 1.985 | -0.015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.000 | 981991 | 2024-05-09 12:12:24 |
| 52wk High | 2.47 | 52wk High Date | 2023-05-17 |
| 52wk Low | 1.39 | 52wk Low Date | 2023-08-24 |
| Average Volume | 3,519,212 | Assets | 163,150,970M |
| Liabilities | 705,704,000M | P/E Ratio | 35.7143 |