RELX PLC - SPON ADR (RELX) Stock Technical Analysis
NYSE:RELX • US7595301083
Overall RELX gets a technical rating of 0 out of 10. RELX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 89% of all other stocks performed better in the past year than RELX.
- RELX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- RELX has an average volume of 3328030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RELX is part of the Professional Services industry. There are 88 other stocks in this industry, RELX did better than 45% of them.
- In the last month RELX has a been trading in the 27.57 - 39.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RELX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
31.15
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 31.47 to 31.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 40.70 to 40.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RELX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RELX is down. |
| ChartMill Relative Strength | 11.03 | NEGATIVE | RELX has a low relative strength, it was outperformed by 88.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RELX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RELX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RELX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.54 | NEUTRAL | The RSI value for RELX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests RELX has a positive trend. |
| Stochastics (14,3) | 39.51 | NEUTRAL | The Stochastics value for RELX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for RELX suggests some volalility. |
| Average Directional Index/ADX (14) | 41.17 | POSITIVE | The high ADX value value for RELX suggests a strong trend. |
31.46
+0.47 (+1.52%)
RELX PLC - SPON ADR / RELX FAQ
What is the ChartMill technical rating of RELX PLC - SPON ADR (RELX) stock?
ChartMill assigns a technical rating of 0 / 10 to RELX.
What is the current trend direction of RELX PLC - SPON ADR (RELX) stock?
The current trend direction for RELX PLC - SPON ADR (RELX) is Bearish.
What is the RSI signal for RELX PLC - SPON ADR (RELX) stock?
RELX PLC - SPON ADR (RELX) has an RSI value of 38.5355. This indicates that the stock is currently neutral.
What is the buy/sell signal for RELX PLC - SPON ADR (RELX) stock?
The buy/sell signal for RELX PLC - SPON ADR (RELX) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for RELX PLC - SPON ADR?
RELX PLC - SPON ADR (RELX) has a resistance level at 31.47. Check the full technical report for our detailed analysis of RELX support and resistance levels.