RELX PLC (Germany) Pattern Recognition Three Outside Up or Down

RDEB Stock  EUR 45.08  0.06  0.13%   
RELX PLC pattern recognition tool provides the execution environment for running the Three Outside Up or Down recognition and other technical functions against RELX PLC. RELX PLC value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Three Outside Up or Down recognition function is designed to identify and follow existing trends. RELX PLC momentum indicators are usually used to generate trading rules based on assumptions that RELX PLC trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was three with a total number of output elements of fifty-eight. The function generated a total of one valid pattern recognition events for the selected time horizon. The Three Outside Up/Down pattern helps to describe RELX PLC bearish pattern that is followed by a black day whose close value is lower than the second day.

RELX PLC Technical Analysis Modules

Most technical analysis of RELX PLC help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for RELX from various momentum indicators to cycle indicators. When you analyze RELX charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About RELX PLC Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RELX PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of RELX PLC based on widely used predictive technical indicators. In general, we focus on analyzing RELX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build RELX PLC's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of RELX PLC's intrinsic value. In addition to deriving basic predictive indicators for RELX PLC, we also check how macroeconomic factors affect RELX PLC price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
43.6145.0846.55
Details
Intrinsic
Valuation
LowRealHigh
42.8844.3545.82
Details
Naive
Forecast
LowNextHigh
43.3144.7846.25
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
41.6343.7345.84
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as RELX PLC. Your research has to be compared to or analyzed against RELX PLC's peers to derive any actionable benefits. When done correctly, RELX PLC's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in RELX PLC.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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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.