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Is RLX preparing to trend higher? Crossed Above 20 Day Moving Average shows up after advancing 1.01%

SwingTradeBot Nightly Stock Scan: RLX Technology Inc. (RLX) — Technical Patterns & Alerts · Aug 7, 2026, 20:16 ET
RLX closed up 1.01% on Friday, August 7th, with volume running 0.7× below average. Mixed technical signals appeared with Crossed Above 20 DMA and MACD Bullish Centerline Cross and Directional Movement Crossover Bullish suggesting upside potential, while Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.99, 1.96 & 1.93, with resistance at 2.04, 2.07 & 2.1.

Current SwingTradeBot Technical Rating of RLX: D

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