RELX PLC - SPON ADR (RELX) Technical Analysis
NYSE:RELX • US7595301083
Current stock price
RELX Technical Rating and Analysis
Overall RELX gets a technical rating of 0 out of 10. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, RELX is a bad performer in the overall market: 89% of all stocks are doing better.
- RELX is one of the lesser performing stocks in the Professional Services industry. 60% of 86 stocks in the same industry do better.
- 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 has an average volume of 4571030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RELX has a been trading in the 31.59 - 35.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
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. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 33.26, a Stop Loss order could be placed below this zone.
More info and screens
RELX Support and Resistance Analysis
31.64
We found 2 important support areas.
- A support zone ranging from 32.65 to 33.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @31.96 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 35.69 to 35.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 38.09 to 38.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.08 from a trend line in the daily time frame.
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 | 11.84 | NEGATIVE | RELX has a low relative strength, it was outperformed by 88.16% 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 | MIXED | The current price of RELX is above 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) | 50.91 | NEUTRAL | The RSI value for RELX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests RELX has a positive trend. |
| Stochastics (14,3) | 52.41 | NEUTRAL | The Stochastics value for RELX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for RELX suggests some volalility. |
| Average Directional Index/ADX (14) | 13.51 | 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
33.61
+0.02 (+0.06%)
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 0 / 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 stock?
RELX PLC - SPON ADR (RELX) has an RSI value of 50.909. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RELX PLC - SPON ADR?
The MACD indicator for RELX PLC - SPON ADR (RELX) has a value of 0.0459987, indicating a bearish trend.