EXPN.L closes within prior day's range
Experian plc (EXPN.L) Technical Analysis Report for Jun 14, 2018 | by Techniquant Editorial Team
Moving higher for the 2nd day in a row, EXPN.L finished Thursday at 1882.00 gaining £8.50 (0.45%). Closing within the prior day's range, prices failed to decisively move beyond the previous day's trading range.
Daily Candlestick Chart (EXPN.L as at Jun 14, 2018):
Thursday's trading range was £53.50 (2.8%), that's far above last trading month's daily average range of £29.55. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being below average.
Prices are trading close to the key resistance level at 1883.00. After having been unable to move lower than 1858.50 in the prior session, the share found buyers again around the same price level today at 1859.50.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.