In a filing, RLX Technology Inc ADR revealed its Independent Director Zhenjing Zhu acquired Company’s shares for reported $30000.0 on Mar 26 ’25. In the deal valued at $2.00 per share,15,000 shares were bought.
Citigroup downgraded its RLX Technology Inc ADR [RLX] rating to a Neutral from a a Buy in a research note published on March 17, 2025; the price target was decreased to $2.50 from $2.80. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early August with a ‘”a Buy”‘ rating. BofA Securities began covering RLX with “Neutral” recommendation on November 01, 2021. Citigroup started covering the stock on March 12, 2021. It rated RLX as “a Buy”.
Price Performance Review of RLX
On Friday, RLX Technology Inc ADR [NYSE:RLX] saw its stock jump 0.54% to $1.87. Over the last five days, the stock has gained 1.08%. RLX Technology Inc ADR shares have fallen nearly -13.43% since the year began. Nevertheless, the stocks have fallen -6.50% over the past one year. While a 52-week high of $2.69 was reached on 02/21/25, a 52-week low of $1.50 was recorded on 04/16/25. SMA at 50 days reached $1.9512, while 200 days put it at $1.8971.
Levels Of Support And Resistance For RLX Stock
The 24-hour chart illustrates a support level at 1.8400, which if violated will result in even more drops to 1.8100. On the upside, there is a resistance level at 1.9000. A further resistance level may holdings at 1.9300. The Relative Strength Index (RSI) on the 14-day chart is 52.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0210, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.65%. Stochastics %K at 76.34% indicates the stock is a holding.
The most recent change occurred on February 22, 2021 when China Renaissance began covering the stock and recommended ‘”a Buy”‘ rating along with a $30 price target.
