RELX PLC - SPON ADR (RELX) Stock Technical Analysis
USA - NYSE:RELX - US7595301083 - ADR
We assign a technical rating of 0 out of 10 to RELX. 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.
The technical rating of RELX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
41.85
We can see 3 important resistance areas.
- A resistance zone ranging from 44.49 to 47.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @48.69 from a horizontal line in the daily time frame.
- Resistance @51.91 from a horizontal line in the daily time frame.
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 | 20.41 | NEGATIVE | RELX has a low relative strength, it was outperformed by 79.59% 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) | 27.89 | OVERSOLD | The low RSI value suggests RELX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests RELX has a negative trend. |
| Stochastics (14,3) | 14.4 | OVERSOLD | The low Stochastics value suggests RELX may be oversold. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for RELX suggests low volalility. |
| Average Directional Index/ADX (14) | 21.53 | NEUTRAL | The ADX value for RELX suggests a possible start of a new trend. |
42.27
-1.12 (-2.58%)
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 trend direction for RELX stock?
The current trend direction for RELX PLC - SPON ADR (RELX) is Bearish.
Can you provide the RSI signal for RELX PLC - SPON ADR?
RELX PLC - SPON ADR (RELX) has an RSI value of 27.8864. This indicates that the stock is currently oversold.
What is the MACD signal for RELX stock?
The MACD indicator for RELX PLC - SPON ADR (RELX) has a value of -0.255886, indicating a bearish trend.
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.