Stock Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share (NYSE:RLX)
Bull Market Weakness (+75) - RLX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RLX as it may be in the beginning stages of a reversal.
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 1.78
The intermediate-term trend has been UP since Oct 9th, 2023 at 1.59
The short-term trend has been DOWN since Nov 24th, 2023 at 2.04
Smart Scan Analysis for RLX
Based on our trend formula, RLX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.06||52wk High Date||2022-12-05|
|52wk Low||1.39||52wk Low Date||2023-08-24|