Loading...
BingEx Ltd (FLX) is not a good buy for a beginner, long-term investor at this time. Despite the recent price surge, the company's financial performance is significantly deteriorating, and there are no strong positive catalysts or trading signals to support a long-term investment. The technical indicators are mixed, and the absence of news, insider activity, or congress trading further weakens the case for investment.
The stock shows mixed signals. The MACD is below 0 and negatively expanding, indicating bearish momentum. RSI is neutral at 37.691, and moving averages are bullish (SMA_5 > SMA_20 > SMA_200). However, the price is below the pivot level (3.317), suggesting resistance ahead. Key support levels are at 2.43 and 1.883, while resistance levels are at 4.203 and 4.75.
The stock experienced a significant price surge in the pre-market (16.87%) and regular market (15.64%), which may indicate short-term interest.
Gross margin also dropped to 11.12%. No recent news, insider activity, or congress trading data is available. Technical indicators show bearish momentum, and the stock has a 70% chance of declining in the next week.
In Q3 2025, BingEx Ltd reported a significant decline in financial performance. Revenue dropped to $1,005,442,000 (-12.93% YoY), net income plummeted to $43,744,000 (-425.86% YoY), and EPS fell to 0.21 (-450% YoY). Gross margin decreased to 11.12% (-1.51% YoY).
No recent analyst ratings or price target changes are available for BingEx Ltd.