Lexinfintech (LX) Shares Plunge 3.97% to April 2025 Low

Lexinfintech (LX) shares fell 3.97% intraday, marking the lowest level since April 2025, with a cumulative decline of 3.63% over the past three days.

The strategy of buying Loews (LX) shares after they reached a recent low and holding for 1 week yielded an average annual return of 20.6% over the past 5 years, outperforming the market by 6.28% annually. This indicates that this strategy not only provided strong returns but also effectively navigated market fluctuations, as suggested by the high performance relative to the market and the substantial market capitalization of Loews.

Technical analysis indicates that LX is exhibiting several negative signals, with the stock currently in a downward trend. This has led to a strong sell evaluation, suggesting a bearish outlook in the short term. The moving average analysis further supports this trend, as the 20-day simple moving average (SMA_20) is below the 60-day simple moving average (SMA_60), indicating potential further declines.

Short selling activity has also increased, with the short sale ratio rising to 23.92% as of June 17, 2025. This surge in short selling suggests that investors are anticipating further declines in the stock price, contributing to the overall bearish sentiment surrounding LX.