Stock Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
RLX Technology Inc. (NYSE:RLX)
Countertrend Down (-85) - RLX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jan 26th, 2021 at 26.20
The intermediate-term trend has been DOWN since Jan 26th, 2021 at 26.20
The short-term trend has been UP since Mar 2nd, 2021 at 20.07
Smart Scan Analysis for RLX
Based on our trend formula, RLX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||35||52wk High Date||2021-01-25|
|52wk Low||16||52wk Low Date||2021-02-26|