RLX TECHNOLOGY INC-ADR (RLX) Stock Technical Analysis
NYSE:RLX - New York Stock Exchange, Inc. - US74969N1037 - ADR
Overall RLX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, RLX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
RLX is part of the Tobacco industry. There are 8 other stocks in this industry. RLX outperforms 85% of them.
RLX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month RLX has a been trading in the 1.94 - 2.37 range, which is quite wide. It is currently trading near the high of this range.
RLX has an average volume of 5922140 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 88% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RLX has an excellent technical rating, the quality of the presented setup is not ideal 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
1.55
2.32
We found 5 important support areas.
- A support zone ranging from 2.20 to 2.21. 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 2.14 to 2.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.65 from a trend line in the weekly time frame.
- Support @1.62 from a horizontal line in the daily time frame.
- A support zone ranging from 1.57 to 1.58. 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 2.30 to 2.30. 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
CRS88.32
Mansfield1.23
10 Day High2.37
10 Day Low2.12
20 Day High2.37
20 Day Low1.94
52 Week High2.37
52 Week Low1.5
Performance
1 Week6.51%
2 Weeks4.09%
1 Month14.5%
3 Month42.24%
6 Month27.93%
12 Month27.22%
2 Year-7.66%
3 Year-31.64%
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)73.82
LBB2.12
UBB2.28
RLX TECHNOLOGY INC-ADR
NYSE:RLX (1/21/2025, 8:24:14 PM)
After market: 2.29 0 (0%)2.29
+0.02 (+0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryTobacco
Performance
% Chg0.88%
1 Week6.51%
2 Weeks4.09%
1 Month14.5%
3 Month42.24%
6 Month27.93%
12 Month27.22%
2 Year-7.66%
3 Year-31.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%3.65%
ATR Inc50.01%
Range Today0.08
ADR(20)0.08
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.32
Mansfield1.23
10 Day High2.37
10 Day Low2.12
20 Day High2.37
20 Day Low1.94
52 Week High2.37
52 Week Low1.5
CS1 End2.21
CR1 Start2.3
Volume & EV
DER(3)2.51%
DER(5)2.7%
Volume7.75M
Volume Incr2.2%
Vol(5)5.65M
Vol(50)5.92M