New sell signal · European-UK stocks
RELX flat at 0.0% on the week: an unconfirmed 30-day low and a new Sell signal
Our view last week
RELX stock gains 1.1%, and this time the week brings buyers: in the weekly bar buying took the upper hand after 3 weeks of selling. Money flow is turning up while still below zero for 4 weeks, and price is squeezed between the 20-day moving average, in the 2539 area, and the daily Inversion Point average, in the 2523 area. For swing traders the weekly buy signal stays active, with the trade at -3.1% from entry.
This week's summary
A 0.0% week for RELX with plenty going on inside it: price printed a new 30-day low, in the 2418 area, then climbed back to close unchanged. A week ago the buy signal was still live; now our weekly technical analysis records a new Sell signal. RELX stock stays pinned between two very close averages, with money flow negative for 5 weeks and Signal Strength at 2 out of 100: a decline with no fresh push, a trade setup that still has to prove itself.
IQS Phase
64
ordinary
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#79 / 89
New eu-uk stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
RELX (REL) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 79th among the 89 sell signals for European-UK stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorEuropean
Benchmark ETFEXV3
Sector regimein positive regime
Performanceweekly +5.44% · monthly +7.36%
REL belongs to the european sector (reference ETF EXV3). The sector is classified in positive regime according to our weekly reading.
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