RELX PLC - SPON ADR (RELX) Technical Analysis
NYSE:RELX • US7595301083
Current stock price
RELX Technical Rating and Analysis
Taking everything into account, RELX scores 1 out of 10 in our technical rating. RELX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 87% 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. The S&P500 Index however is trading in the upper part of its 52 week range, so RELX is lagging the market.
- RELX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- RELX has an average volume of 4454220 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 87 other stocks in this industry, RELX did better than 53% of them.
RELX Weekly and Daily overview Charts
RELX Setup Rating and Analysis
RELX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
RELX Support and Resistance Analysis
33.47
When analyzing the support we notice one important area.
- Support @33.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 33.91 to 33.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 35.18 to 35.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 39.05 to 39.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
RELX Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for RELX is neutral. |
| ChartMill Relative Strength | 13.91 | NEGATIVE | RELX has a low relative strength, it was outperformed by 86.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RELX is below the rising 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) | 47.55 | NEUTRAL | The RSI value for RELX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests RELX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 17.11 | OVERSOLD | The low Stochastics value suggests RELX may be oversold. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for RELX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.96 | NEGATIVE | The low ADX value for RELX suggests a weak or negative trend. |
RELX Chart- and CandleStick Pattern Analysis
RELX Technicals: Chart, Performance Metrics, Trend & Indicators
33.82
-0.04 (-0.12%)
RELX PLC - SPON ADR / RELX TA FAQ
What is the ChartMill technical rating of RELX PLC - SPON ADR (RELX) stock?
ChartMill assigns a technical rating of 1 / 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 47.5494. This indicates that the stock is currently neutral.
What are the support and resistance levels for RELX PLC - SPON ADR (RELX) stock?
RELX PLC - SPON ADR (RELX) has a support level at 33.81 and a resistance level at 33.91. Check the full technical report for our detailed analysis of RELX support and resistance levels.