Uxin Ltd (UXIN): Price Now Near $2.61; Daily Chart Shows Downtrend on 100 Day Basis

The Hourly View for UXIN

At the time of this writing, UXIN (Get Ratings)’s price is up $0.01 (0.58%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes. Of note is that the 50 hour changed directions on UXIN; it is now pointing up. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Business Services stocks, UXIN ranks 274th in regards to today’s price percentage change.

UXIN’s Technical Outlook on the Daily Chart

Currently, UXIN’s price is down $-0.02 (-0.76%) from the day prior. This is the 3rd day in a row UXIN has seen its price head down. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Uxin Ltd’s price action over the past 90 days can be seen via the chart below.

UXIN

<

UXIN: Daily RSI Analysis

  • For UXIN, its RSI is now at 0.
  • UXIN and RSI may be exhibiting divergent trends. This may be something to monitor.

Want More Great Investing Ideas?

9 “MUST OWN” Growth Stocks for 2021

5 WINNING Stock Chart Patterns

7 Best ETFs for the NEXT Bull Market