Stock Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share (NYSE:RLX)
Sidelines Mode (+55) - RLX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 26.200
The intermediate-term trend has been UP since Oct 11th, 2021 at 5.010
The short-term trend has been DOWN since Oct 22nd, 2021 at 5.545
Smart Scan Analysis for RLX
Based on our trend formula, RLX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||35||52wk High Date||2021-01-25|
|52wk Low||3.7||52wk Low Date||2021-08-23|