RLX TECHNOLOGY INC-ADR (RLX) Stock Technical Analysis
NYSE:RLX - New York Stock Exchange, Inc. - US74969N1037 - ADR - Currency: USD
Overall RLX gets a technical rating of 1 out of 10. RLX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
73% of all other stocks performed better in the past year than RLX.
RLX is part of the Tobacco industry. There are 8 other stocks in this industry, of which 85% are performing better than RLX.
RLX is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
RLX has an average volume of 6360420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RLX has a been trading in the 1.66 - 1.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, RLX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.87. Right above this resistance zone may be a good entry point.
More info and screens
1.55
1.89
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.67 to 1.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.57 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.87 to 1.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.19
Mansfield-0.13
10 Day High1.9
10 Day Low1.73
20 Day High1.92
20 Day Low1.66
52 Week High2.69
52 Week Low1.5
Performance
1 Week3.33%
2 Weeks6.9%
1 Month2.76%
3 Month-22.5%
6 Month14.11%
12 Month-5.58%
2 Year8.77%
3 Year-6.06%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)51.26
LBB1.66
UBB1.91
1.86
+0.01 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryTobacco
Performance
% Chg0.54%
1 Week3.33%
2 Weeks6.9%
1 Month2.76%
3 Month-22.5%
6 Month14.11%
12 Month-5.58%
2 Year8.77%
3 Year-6.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%4.4%
ATR Inc-40.28%
Range Today0.06
ADR(20)0.08
ADR(20)%4.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.19
Mansfield-0.13
10 Day High1.9
10 Day Low1.73
20 Day High1.92
20 Day Low1.66
52 Week High2.69
52 Week Low1.5
CS1 End1.7
CR1 Start1.87
Volume & EV
DER(3)-0.36%
DER(5)1.25%
Volume1.10M
Volume Incr-70.04%
Vol(5)1.79M
Vol(50)6.36M