Stock Trend Analysis Report
Prepared for you on Saturday, September 30, 2023.
RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share (NYSE:RLX)
Weak Downtrend (-65) - RLX is showing signs of a strengthening downtrend. Monitor RLX as it may be building momentum to the downside.
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 May 30th, 2023 at 1.96
The intermediate-term trend has been DOWN since Aug 17th, 2023 at 1.44
The short-term trend has been UP since Sep 25th, 2023 at 1.52
Smart Scan Analysis for RLX
Based on our trend formula, RLX is rated as a -65 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|