LEXINFINTECH HOLDINGS L-ADR (LX) Stock Technical Analysis
NASDAQ:LX - Nasdaq - US5288771034 - ADR - Currency: USD
We assign a technical rating of 4 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.
In the last month LX has a been trading in the 6.05 - 7.99 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, LX did better than 97% of all other stocks. On top of that, LX also shows a nice and consistent pattern of rising prices.
LX is one of the better performing stocks in the Consumer Finance industry, it outperforms 96% of 53 stocks in the same industry.
LX has an average volume of 3290430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
LX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.37, a Stop Loss order could be placed below this zone.
More info and screens
6.20
7.60
When analyzing the support we notice one important area.
- A support zone ranging from 6.26 to 6.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.62 to 6.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.26 to 7.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.52 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for LX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LX is down. |
| ChartMill Relative Strength | 97.78 | POSITIVE | LX has a high relative strength, it outperformed 97.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LX is below 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) | UP | MIXED | The current price of LX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.18 | NEUTRAL | The RSI value for LX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests LX has a positive trend. |
| Stochastics (14,3) | 23.92 | NEUTRAL | The Stochastics value for LX is a neutral value. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for LX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.73 | 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)
6.41
-0.02 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-0.31%
1 Week1.91%
2 Weeks-7.9%
1 Month-8.95%
3 Month-17.71%
6 Month-22.11%
12 Month290.85%
2 Year147.49%
3 Year214.22%
5 Year-17.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%7%
ATR Inc25.22%
Range Today0.27
ADR(20)0.4
ADR(20)%6.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.78
Mansfield-0.34
10 Day High7
10 Day Low6.06
20 Day High7.99
20 Day Low6.06
52 Week High11.64
52 Week Low1.62
CS1 End6.37
CR1 Start6.62
Volume & EV
DER(3)-0.65%
DER(5)-0.99%
Volume2.57M
Volume Incr-23.45%
Vol(5)3.72M
Vol(50)3.29M