RLX TECHNOLOGY INC-ADR (RLX) Stock Technical Analysis
NYSE:RLX - New York Stock Exchange, Inc. - US74969N1037 - ADR - Currency: USD
We assign a technical rating of 9 out of 10 to RLX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RLX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by RLX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month RLX has a been trading in the 2.11 - 2.69 range, which is quite wide. It is currently trading near the high of this range.
RLX has an average volume of 5270180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RLX did better than 89% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
RLX is part of the Tobacco industry. There are 8 other stocks in this industry, RLX did better than 57% of them.
RLX has an excellent technical rating, but the quality of the setup is 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
1.56
2.46
When analyzing the support we can see 6 important areas.
- A support zone ranging from 2.29 to 2.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.15 to 2.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.11 from a horizontal line in the daily time frame.
- Support @1.66 from a trend line in the weekly time frame.
- Support @1.62 from a horizontal line in the daily time frame.
- Support @1.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.44 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.65
Mansfield1.99
10 Day High2.69
10 Day Low2.26
20 Day High2.69
20 Day Low2.11
52 Week High2.69
52 Week Low1.5
Performance
1 Week2.97%
2 Weeks6.58%
1 Month12.5%
3 Month35%
6 Month35%
12 Month21.5%
2 Year24.62%
3 Year-21.1%
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
RSI(14)63.38
LBB2.18
UBB2.49
2.43
+0.11 (+4.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryTobacco
Performance
% Chg4.74%
1 Week2.97%
2 Weeks6.58%
1 Month12.5%
3 Month35%
6 Month35%
12 Month21.5%
2 Year24.62%
3 Year-21.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%4.56%
ATR Inc146.48%
Range Today0.36
ADR(20)0.11
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.65
Mansfield1.99
10 Day High2.69
10 Day Low2.26
20 Day High2.69
20 Day Low2.11
52 Week High2.69
52 Week Low1.5
CS1 End2.29
CR1 Start2.44
Volume & EV
DER(3)0.73%
DER(5)-1.38%
Volume15.30M
Volume Incr35.15%
Vol(5)6.23M
Vol(50)5.27M