RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LX
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Green day on Thursday for LexinFintech Holdings Ltd. stock after gaining 0.559%
(Updated on Mar 28, 2024)

Sell candidate since Mar 26, 2024 Loss -1.64% PDF

The LexinFintech Holdings Ltd. stock price gained 0.559% on the last trading day (Thursday, 28th Mar 2024), rising from $1.79 to $1.80. During the last trading day the stock fluctuated 2.53% from a day low at $1.79 to a day high of $1.84. The price has fallen in 6 of the last 10 days and is down by -7.22% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 119 thousand more shares were traded than the day before. In total, 927 thousand shares were bought and sold for approximately $1.67 million.

The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect LexinFintech Holdings Ltd. stock with a 90% probability to be traded between $1.67 and $2.12 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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LX Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 27, 2024, and so far it has risen 0.559%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The LexinFintech Holdings Ltd. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $1.88 and $1.84. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss for LexinFintech Holdings Ltd. stock

LexinFintech Holdings Ltd. finds support from accumulated volume at $1.76 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0452 between high and low, or 2.53%. For the last week, the stock has had daily average volatility of 3.24%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (LX) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect LexinFintech Holdings Ltd. to open at $1.81, and during the day (based on 14 day Average True Range), to move between $1.70 and $1.90, which gives a possible trading interval of +/-$0.0954 (+/-5.30%) up or down from last closing price. If LexinFintech Holdings Ltd. takes out the full calculated possible swing range there will be an estimated 10.60% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $1.84 (2.22%) than the support at $1.76 (2.22%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is LexinFintech Holdings Ltd. stock A Buy?

LexinFintech Holdings Ltd. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.798 Sell Candidate Unchanged

Predicted Opening Price for LexinFintech Holdings Ltd. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.81 ( 0.467%) $1.80

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for LX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.85 2.98 %
R2 1.84 2.02 %
R1 1.83 1.43 %
Current price: 1.80
Support S1 1.79 -0.493 %
S2 1.78 -1.09 %
S3 1.76 -2.04 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.91 6.11 %
R2 1.85 2.78 %
R1 1.84 2.22 %
Current price 1.80
Support S1 1.76 -2.22%
S2 1.75 -2.78%
S3 1.72 -4.44%

LX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 20, 2024 Apr 17, 2024 May 24, 2024 $0.0700 3.89%
2 Aug 29, 2023 Sep 14, 2023 Oct 17, 2023 $0.100 5.00%

FAQ

What is the symbol for LexinFintech Holdings Ltd. Stock and on which exchange is it traded?
The symbol for LexinFintech Holdings Ltd. is LX and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell LexinFintech Holdings Ltd. Stock?
LexinFintech Holdings Ltd. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy LexinFintech Holdings Ltd. Stock?
LexinFintech Holdings Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy LexinFintech Holdings Ltd. Stock.

What's the current price of LexinFintech Holdings Ltd. Stock?
As of the end of day on the 2024-03-28, the price of an LexinFintech Holdings Ltd. (LX) share was $1.80.

What is the 52-week high and low for LexinFintech Holdings Ltd. Stock?
The 52-week high for LexinFintech Holdings Ltd. Stock is $3.01 and the 52-week low is $1.62.

What is the market capitalization of LexinFintech Holdings Ltd. Stock?
As of the 2024-03-28, the market capitalization of LexinFintech Holdings Ltd. is 321.934M.

When is the next earnings date for LexinFintech Holdings Ltd.?
The upcoming earnings date for LexinFintech Holdings Ltd. is May 21, 2024.
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About LexinFintech Holdings Ltd.

LexinFintech Holdings Ltd. LexinFintech Holdings Ltd., through its subsidiaries, offers online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as provides online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending. It also provides technology-driven platform services to... LX Profile

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