LEXINFINTECH HOLDINGS L-ADR (LX) Stock Technical Analysis
NASDAQ:LX - Nasdaq - US5288771034 - ADR - Currency: USD
Taking everything into account, LX scores 4 out of 10 in our technical rating. 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 6.78 - 7.79 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, LX did better than 98% 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 92% of 53 stocks in the same industry.
LX has an average volume of 2341700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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 and the volatility has been reduced. There is a support zone below the current price at 6.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.76
7.76
We found 1 important support area.
- A support zone ranging from 6.83 to 6.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.15 to 7.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.52 to 7.68. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 98.04 | POSITIVE | LX has a high relative strength, it outperformed 98.04% 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 | POSITIVE | The current price of LX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.74 | NEUTRAL | The RSI value for LX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests LX has a negative trend. |
| Stochastics (14,3) | 18.81 | OVERSOLD | The low Stochastics value suggests LX may be oversold. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for LX suggests some volalility. |
| Average Directional Index/ADX (14) | 12.84 | 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)
6.84
-0.2 (-2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-2.84%
1 Week-9.4%
2 Weeks-6.17%
1 Month-6.94%
3 Month-2.15%
6 Month0.74%
12 Month297.67%
2 Year128%
3 Year263.83%
5 Year-19.62%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%4.86%
ATR Inc-20.94%
Range Today0.29
ADR(20)0.32
ADR(20)%4.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.04
Mansfield0.93
10 Day High7.79
10 Day Low6.78
20 Day High7.79
20 Day Low6.78
52 Week High11.64
52 Week Low1.57
CS1 End6.83
CR1 Start7.15
Volume & EV
DER(3)3.52%
DER(5)1.9%
Volume4.10M
Volume Incr40.46%
Vol(5)3.11M
Vol(50)2.34M