REL.L closes higher for the 3rd day in a row

RELX Group (REL.L) Technical Analysis Report for Jul 13, 2018 [< 1 min read]
REL.L closes higher for the 3rd day in a row
REL.L pushes through previous session high
REL.L rises to highest close since January 5th
TQ Sentiment
Report Sentiment: 50% Bullish
Technical Forecast:

Moving higher for the 3rd day in a row, REL.L ended the week 2.84% higher at 1702.50 after gaining £15.00 (0.89%) today. Today's closing price of 1702.50 marks the highest close since January 5th. Closing above Thursday's high at 1695.00, RELX Group confirms its breakout through the previous session's high having traded £21.00 above it intraday.

Daily chart for REL.L

Friday's trading range was £22.00 (1.3%), that's slightly above last trading month's daily average range of £21.62. Weekly volatility is also higher, being above the markets average with the monthly volatility being above average.


Prices are trading close to a key support level at 1687.50.


The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.

Order Flow

With prices trading close to this year's high at 1740.00, upside momentum might accelerate should the stock be able to break out to new highs for the year.


While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bullish.

Market Conditions for RELX Group
4 Consecutive Higher Closes TQ Pro Members Only
Last Engulfing Top Pattern TQ Pro Members Only
Close to Swing High TQ Pro Members Only
Bullish Outside Bar TQ Pro Members Only
Low close to previous low TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Latest Report:

REL.L stuck within tight trading range

Jul 20, 2018
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when RELX Group traded like this in the past. See the odds for each technical pattern with expected gain and loss.


Stocks Top Movers

GBPUSD 1.31350.0120 0.92%
GOLD 1,231.99.4 0.77%
HSI 28,224.48213.62 0.76%
EURUSD 1.17230.0081 0.70%
ASX 6,285.9023.20 0.37%
INDU 25,058.12-6.38 -0.03%
NDX 7,350.23-2.13 -0.03%
FTSE 7,678.79-5.21 -0.07%
NATGAS 2.733-0.002 -0.07%
SPX 2,801.83-2.66 -0.09%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.

Related Stocks

ABBV 10 day candlestick chart for ABBV88.91 -1.04
ACN 10 day candlestick chart for ACN166.52 -0.37
ADBE 10 day candlestick chart for ADBE257.54 -0.14
AAP 10 day candlestick chart for AAP142.67 -0.70
AES 10 day candlestick chart for AES13.03 0.00
AET 10 day candlestick chart for AET187.22 -2.82
AFL 10 day candlestick chart for AFL43.06 0.17
AMG 10 day candlestick chart for AMG148.84 -0.47
A 10 day candlestick chart for A63.85 -0.30
ABT 10 day candlestick chart for ABT63.32 -0.46