The market has been neutral on RLX Technology Inc - ADR (RLX) stock recently. RLX gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.
RLX Technology Inc - ADR has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on RLX!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With RLX Stock Today?
RLX Technology Inc - ADR (RLX) stock is flat 0% while the S&P 500 is lower by -0.4% as of 10:55 AM on Thursday, Oct 6. RLX is flat $0.00 from the previous closing price of $1.02 on volume of 1,757,533 shares. Over the past year the S&P 500 has fallen -13.29% while RLX is lower by -76.17%. RLX earned $0.27 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 3.77.
