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 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
76% of all other stocks performed better in the past year than RELX.
RELX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
RELX has an average volume of 1152740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RELX is an average performer in the Professional Services industry, it outperforms 58% of 81 stocks in the same industry.
RELX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RELX is lagging the market.
RELX has a poor technical rating and the quality of the setup is also not perfect 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
55.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 47.83 to 47.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 50.98 to 52.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 53.81 to 55.04. 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 | 24.42 | NEGATIVE | RELX has a low relative strength, it was outperformed by 75.58% 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) | UP | MIXED | The current price of RELX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.06 | NEUTRAL | The RSI value for RELX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RELX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.44 | OVERSOLD | The low Stochastics value suggests RELX may be oversold. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for RELX suggests low volalility. |
| Average Directional Index/ADX (14) | 30.9 | POSITIVE | The high ADX value value for RELX suggests a strong 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)
48.19
-0.5 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.03%
1 Week1.05%
2 Weeks-2.29%
1 Month-10.28%
3 Month-13.08%
6 Month-2.23%
12 Month4.22%
2 Year48.14%
3 Year84.07%
5 Year112.67%
10 Year199.32%
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%1.56%
ATR Inc22.4%
Range Today0.39
ADR(20)0.47
ADR(20)%0.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.42
Mansfield-1.01
10 Day High48.98
10 Day Low47.42
20 Day High53.29
20 Day Low47.42
52 Week High56.33
52 Week Low44.19
CS1 End47.98
CR1 Start50.98
Volume & EV
DER(3)0.25%
DER(5)1.91%
Volume1.03M
Volume Incr7.33%
Vol(5)1.49M
Vol(50)1.15M