RELX PLC - SPON ADR (RELX) Stock Technical Analysis
NYSE:RELX - New York Stock Exchange, Inc. - US7595301083 - ADR - Currency: USD
Taking everything into account, RELX scores 5 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month RELX has a been trading in the 52.29 - 56.33 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, RELX did better than 74% of all other stocks.
RELX is part of the Professional Services industry. There are 81 other stocks in this industry. RELX outperforms 71% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
RELX is currently trading in the middle 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 slightly.
RELX has an average technical rating and it also does not offer a high quality setup 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
4 important support areas can be observed.
- Support @52.30 from a horizontal line in the weekly time frame.
- Support @50.56 from a trend line in the weekly time frame.
- Support @47.94 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 52.56 to 53.88. 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 | DOWN | NEGATIVE | The short term trend for RELX is down. |
| ChartMill Relative Strength | 74.13 | POSITIVE | RELX has a high relative strength, it outperformed 74.13% 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) | 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) | 40.4 | NEUTRAL | The RSI value for RELX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests RELX has a negative trend. |
| Stochastics (14,3) | 9.95 | OVERSOLD | The low Stochastics value suggests RELX may be oversold. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for RELX suggests low volalility. |
| Average Directional Index/ADX (14) | 11.73 | 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)
52.31
-0.18 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.34%
1 Week-1.25%
2 Weeks-3.77%
1 Month-4.87%
3 Month4.6%
6 Month15.04%
12 Month14.71%
2 Year56.48%
3 Year94.17%
5 Year122.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%1.32%
ATR Inc-11.73%
Range Today0.35
ADR(20)0.52
ADR(20)%0.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.13
Mansfield0.33
10 Day High54.31
10 Day Low52.29
20 Day High56.33
20 Day Low52.29
52 Week High56.33
52 Week Low43.45
CS1 End52.3
CR1 Start52.56
Volume & EV
DER(3)0.68%
DER(5)-1.37%
Volume701.90K
Volume Incr-16.04%
Vol(5)767.36K
Vol(50)893.88K