LEXINFINTECH HOLDINGS L-ADR (LX) Stock Technical Analysis
USA - NASDAQ:LX - US5288771034 - ADR
5.5 USD
-0.05 (-0.9%)
5.52 USD
+0.02 (+0.36%)
We assign a technical rating of 2 out of 10 to LX. Although LX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
LX is one of the better performing stocks in the Consumer Finance industry, it outperforms 74% of 55 stocks in the same industry.
In the last month LX has a been trading in the 4.91 - 5.79 range, which is quite wide. It is currently trading near the high of this range.
LX has an average volume of 2846040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that LX is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
LX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LX is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LX has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.89
5.62
When analyzing the support we notice one important area.
- A support zone ranging from 4.94 to 5.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.51 to 5.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for LX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LX is neutral. |
| ChartMill Relative Strength | 85.78 | POSITIVE | LX has a high relative strength, it outperformed 85.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.17 | NEUTRAL | The RSI value for LX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests LX has a positive trend. |
| Stochastics (14,3) | 62.13 | NEUTRAL | The Stochastics value for LX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for LX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.53 | NEGATIVE | The low ADX value for LX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.5
-0.05 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-0.9%
1 Week10%
2 Weeks6.18%
1 Month-2.14%
3 Month-20.98%
6 Month-33.17%
12 Month76.28%
2 Year201.37%
3 Year304.41%
5 Year-33.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%4.63%
ATR Inc46.2%
Range Today0.3
ADR(20)0.25
ADR(20)%4.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.78
3 months CRS9.16
6 months CRS5.82
Mansfield-2.82
10 Day High5.78
10 Day Low4.91
20 Day High5.79
20 Day Low4.91
52 Week High11.64
52 Week Low3.01
CS1 End5
CR1 Start5.51
Volume & EV
DER(3)4.29%
DER(5)5.45%
Volume1.93M
Volume Incr-2.24%
Vol(5)2.53M
Vol(50)2.85M