Here’s Why LAIX Inc. (NYSE:LAIX) Jumped Up 16.4%

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In its latest trading session, LAIX Inc. (NYSE:LAIX) spiked up by 16.4% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To grasp this action better, it is helpful to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.004, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.26, an Accumulation/Distribution Index (ADI) of 0.26, an On-Balance Volume (OBV) of 16.321, and a Chaiikin Money Flow (CMF) of -4.82. 1.0

Now let’s take all these indicators into account. According to Trading View, we can conclude the following:

That is what an analysis of technical indicators seems to indicate for LAIX Inc. (NYSE:LAIX). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.