The Hourly View for RELX
At the moment, RELX (Get Ratings)’s price is down $-0.08 (-0.31%) from the hour prior. RELX has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
RELX ranks 13th in terms of today’s price percentage change out of Printing and Publishing stocks.
RELX’s Technical Outlook on the Daily Chart
At the time of this writing, RELX’s price is down $-0.44 (-1.67%) from the day prior. RELX has seen its price go down 4 out of the past 5 days, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Relx Plc’s price action over the past 90 days can be seen via the chart below.
For RELX News Traders
Investors and traders in RELX may be particularly interested in the following story that came out in the past day:
LexisNexis® Risk Solutions today released its 2021 “Future of Claims Report,” revealing how the COVID-19 pandemic has accelerated claims automation. The report includes actionable insights for auto insurance carriers to improve their customer experience and turn virtual claims processing into a competitive advantage. The secret? Offering a hybrid model of self-service claims with access to a personal touch when consumers feel they need it.
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