Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share (NYSE:RLX)
Strong Uptrend (+100) - RLX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RLX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 21st, 2022 at 1.810
The intermediate-term trend has been UP since Mar 3rd, 2023 at 2.345
The short-term trend has been UP since Mar 21st, 2023 at 2.620
Smart Scan Analysis for RLX
Based on our trend formula, RLX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.06||52wk High Date||2022-12-05|
|52wk Low||0.9012||52wk Low Date||2022-10-24|