RELX: the signal flips from Sell to Buy
RELX stock rises 1.5% as the signal flips from Sell to Buy
RELX: the signal flips from Sell to Buy
Our view last week
RELX's rebound runs into a third straight week (+2.9%), and this time momentum swings into positive territory: money flow also turns back above zero after weeks in the red. RELX shares stay pinned just under the daily Kumo ceiling, in the 2546 area, with the sell signal edging back toward the Inversion Point. The short, in its 10th week of management, slips to -5.98% since entry.
This week's summary
RELX's Sell signal had run right up to the Inversion Point; this week the picture flips, and RELX stock opens a fresh Buy signal, up 1.5%. The daily chart shows three higher lows, from the 2360 area toward the 2400 area, with signal strength at 62 out of 100. It's the first week - technical analysis still unfolding, entry still cautious while confirmation is pending.
IQS Phase
52
ordinary
Signal Strength
62
medium
Sizing
STANDARD
Ranking
#6 / 12
New eu-uk stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Rank position
ranks 6th among the 12 fresh Longs for European-UK stocks in our ranking, with a signal strength of 62 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV3
Sector regimeweak phase
Performanceweekly -0.23% · monthly -6.25%
REL belongs to the european sector (reference ETF EXV3). The sector is classified weak phase according to our weekly reading.
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