RELX PLC - SPON ADR (RELX) Stock Technical Analysis
NYSE:RELX - New York Stock Exchange, Inc. - US7595301083 - ADR - Currency: USD
Overall RELX gets a technical rating of 5 out of 10. In the last year, RELX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
RELX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RELX is lagging the market slightly.
When comparing the performance of all stocks over the past year, RELX turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
RELX is part of the Professional Services industry. There are 82 other stocks in this industry, RELX did better than 61% of them.
In the last month RELX has a been trading in a tight range between 52.11 and 54.37.
RELX has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
44.01
56.23
When analyzing the support we can see 3 important areas.
- A support zone ranging from 51.83 to 52.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.51 from a trend line in the weekly time frame.
- A support zone ranging from 44.45 to 45.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 52.88 to 53.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 55.04 to 55.67. 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 | UP | POSITIVE | The long term trend for RELX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RELX is neutral. |
| ChartMill Relative Strength | 51.28 | NEUTRAL | RELX is not amongst the best or worst performers 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) | UP | MIXED | The current price of RELX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RELX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.25 | NEUTRAL | The RSI value for RELX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests RELX has a negative trend. |
| Stochastics (14,3) | 42 | NEUTRAL | The Stochastics value for RELX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for RELX suggests low volalility. |
| Average Directional Index/ADX (14) | 7.63 | NEGATIVE | The low ADX value for RELX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
52.73
-0.98 (-1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.82%
1 Week-0.32%
2 Weeks-1.66%
1 Month-1.09%
3 Month-1.53%
6 Month7.94%
12 Month13.3%
2 Year56.65%
3 Year78.62%
5 Year149.08%
10 Year201.49%
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%1.34%
ATR Inc85.01%
Range Today0.66
ADR(20)0.56
ADR(20)%1.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.28
Mansfield-0.25
10 Day High54.03
10 Day Low52.36
20 Day High54.37
20 Day Low52.11
52 Week High56.33
52 Week Low43.45
CS1 End52.1
CR1 Start52.88
Volume & EV
DER(3)0.64%
DER(5)0.45%
Volume1.21M
Volume Incr15.98%
Vol(5)1.08M
Vol(50)924.38K