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RLXXF Stock Forecast & RELX PLC Chart Analysis

This article provides a detailed analysis of RLXXF-RELX PLC stock including a forecast for RLXXF shares. It features RELX PLC technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

RLXXF Historical Data Review

RLXXF Current Price Performance Analysis

The RELX PLC - RLXXF stock traded on the American stock market, on 06-05-2024, closed at 43.7$ with a %-3.10 decreased compared to the previous day.

In the last month, the price of RLXXF changed by %3.43 increased in value, from 42.25 dollars on 05-06-2024 to 43.7 dollars, increased.

Last year, the price of RLXXF was 31.75 dollars on 06-06-2023, and changed by %37.64 increased in value, to 43.7 dollars increased within a year.

The price of RELX PLC stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

RLXXF with AI Stock Forecast & Price Target

RLXXF stock forecast RELX PLC price target

On the RLXXF chart RELX PLC price was recorded as 43.7 Dollars on 06/05/2024.

The artificial intelligence's forecast on RLXXF stock is as follows.

The artificial intelligence's prediction error margin for RLXXF stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for RELX PLC stock over the next 4 months is: 49.2 Dollars.

The commentary on RLXXF stock Target Price: Highest: 53.264 Dollars is predicted.

The commentary on RLXXF stock Target Price: Lowest: 46.118 Dollars is predicted.

Resistance Price where RELX PLC stock will Rise and Fall:

Date Price Prediction
06-25-2024 47.434
10-03-2024 50.019
11-07-2024 49.166
11-27-2024 49.422
01-06-2025 49.726
03-07-2025 51.908

Support Price where RELX PLC stock will Fall and Rise:

Date Price Prediction
07-30-2024 46.344
10-28-2024 49.028
11-12-2024 49.156
12-12-2024 49.213
01-31-2025 48.770
03-27-2025 51.375

The commentary on RLXXF stock: The target price can generally be said to be on the rise.

The commentary on RLXXF stock: Fluctuations in the target price can be expected in the coming days.

The target price for RELX PLC stock by the end of 2024 is predicted to be 49.594 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on RLXXF stock, and the 2024 target price predictions for RELX PLC are detailed above.

The technical analysis and charts for the commentary on RLXXF stock are below.

RLXXF Support & Resistance and Trend Analysis

RLXXF review RELX PLC technical analysis trend chart RLXXF priceRLXXF stock support and resistance price chart

RLXXF stock you have reviewed the technical analysis support resistance charts regarding.

RLXXF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the RLXXF review, the RELX PLC support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

RELX PLC Support and Resistance Prices:

RLXXF Support Level Price RLXXF Resistance Level Price
35.70 40.12
37.32 40.80
37.90 41.01
37.91 42.50
39.52 43.21
39.62 43.28
39.96 43.54
39.99 43.85
40.15 44.24
42.00 44.96
42.02 45.02
42.24 45.07
45.45
45.77
46.23

RLXXF Technical Analysis: SMA, RSI, MACD

RLXXF review RELX PLC SMA chart analysis RLXXF priceRLXXF buy or sell review RELX PLC MACD chart analysis RLXXF price

Upon reviewing the RLXXF chart, buy and sell signals have been generated in the RELX PLC technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for RLXXF stock are as follows:
  1. The technical analysis for RELX PLC indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.