RLX Should I Buy
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0.000(0.000%)
At close0.000(0.000%)Aft-market
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BUY now. Despite a slightly weak tape today (-0.64% with S&P -0.7%), RLX’s trend structure remains bullish (SMA_5 > SMA_20 > SMA_200) and sentiment is strongly call-skewed in options. Hedge funds are aggressively increasing buying (+3571.52% QoQ). With no negative news overhang and strong YoY growth in the latest quarter, RLX looks like a good immediate entry for an impatient buyer, with a near-term trading objective back toward 2.41–2.46 and risk defined below ~2.27.
Trend/Structure: Bullish moving average stack (SMA_5 > SMA_20 > SMA_200) supports an uptrend bias. Momentum: MACD histogram is positive (0.00757) but contracting—uptrend is intact yet momentum is cooling. RSI: RSI_6 at 46.67 is neutral, suggesting no immediate overbought/oversold edge. Levels: Pivot 2.338 is the key line; price (2.315) is slightly below it, so reclaiming 2.338 would improve odds of a push to R1 2.411 then R2 2.456. Downside levels to watch are S1 2.266 then S2 2.221. Pattern-based odds: Model suggests mild upside next week (+0.8%) but elevated 1-month downside (-3.94%), implying this is better framed as a tactical buy (trend-following) rather than expecting a straight-line month-long rally.
Strong hedge fund accumulation trend (+3571.52% QoQ buying) can provide sustained bid support.
Earnings catalyst ahead: next earnings on 2026-02-13 (pre-market) could re-rate the stock if growth/margins hold.
Fundamentals are accelerating (2025/Q3 revenue +52.18% YoY; EPS +23.08% YoY; gross margin +12.47% YoY), supporting a bullish narrative.
Options market positioning is decisively bullish (very low put/call ratios).
Near-term momentum is cooling (MACD histogram positive but contracting), increasing the chance of chop/pullback before continuation.
Price is below the 2.338 pivot; failure to reclaim it raises risk of a dip to 2.266/2.
30D implied volatility is extremely elevated (IV ~94.78), implying the market expects big moves; if catalysts disappoint, downside can be fast.
No supportive news flow in the past week—no fresh headline-driven tailwind right now.
Latest quarter: 2025/Q3. Growth is strong and improving: Revenue 1,033,854,000 (+52.18% YoY), Net Income 203,163,000 (+22.64% YoY), EPS 0.16 (+23.08% YoY). Profitability trend also improved with Gross Margin at 34.1 (+12.47% YoY). Overall, this is a growth + improving margin setup.
No analyst rating/price target change data was provided, so a recent trend summary cannot be confirmed from the dataset. Wall Street pros/cons view cannot be quantified here; the closest available proxy is institutional behavior (hedge funds buying heavily) and derivatives sentiment (strongly bullish call skew).
