RELX PLC Stock Forecast - Daily Balance Of Power

RDEB Stock  EUR 45.14  0.36  0.80%   
RELX Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of RELX PLC's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 7, 2024 RELX PLC had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of RELX PLC market sensitivity to bulls and bears. It estimates the ability of RELX PLC buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring RELX PLC Balance of Power indicator one can determine a trend of the price direction.
Check RELX PLC VolatilityBacktest RELX PLCTrend Details  

RELX PLC Trading Date Momentum

On November 08 2024 RELX PLC was traded for  44.56  at the closing time. The maximum traded price for the trading interval was 44.56  and the lowest daily price was  44.20 . The daily volume was recorded at 200. The volume of trading on 8th of November 2024 played a part in the next trading day price rise. The trading delta at closing time to the next closing price was 1.36% . The trading delta at closing time to the closing price today is 0.32% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare RELX PLC to competition

Other Forecasting Options for RELX PLC

For every potential investor in RELX, whether a beginner or expert, RELX PLC's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. RELX Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in RELX. Basic forecasting techniques help filter out the noise by identifying RELX PLC's price trends.

RELX PLC Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with RELX PLC stock to make a market-neutral strategy. Peer analysis of RELX PLC could also be used in its relative valuation, which is a method of valuing RELX PLC by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

RELX PLC Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of RELX PLC's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of RELX PLC's current price.

RELX PLC Market Strength Events

Market strength indicators help investors to evaluate how RELX PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading RELX PLC shares will generate the highest return on investment. By undertsting and applying RELX PLC stock market strength indicators, traders can identify RELX PLC entry and exit signals to maximize returns.

RELX PLC Risk Indicators

The analysis of RELX PLC's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in RELX PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting relx stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

Other Information on Investing in RELX Stock

RELX PLC financial ratios help investors to determine whether RELX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RELX with respect to the benefits of owning RELX PLC security.