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Drax Group PLC (GB:DRX)
LSE:DRX
UK Market

Drax Group plc (DRX) Technical Analysis

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Technical Sentiment

Overall Consensus
Buy
12Bullish
5Neutral
5Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Buy
8Bullish
0Neutral
4Bearish
Drax Group PLC’s (DRX) Moving Averages Convergence Divergence (MACD) indicator is -0.31, suggesting Drax Group PLC is a Buy.
Drax Group PLC’s (DRX) 20-Day exponential moving average is 628.26, while Drax Group PLC’s (DRX) share price is 629p, making it a Buy.
Drax Group PLC’s (DRX) 50-Day exponential moving average is 630.93, while Drax Group PLC’s (DRX) share price is 629p, making it a Sell.

Drax Group plc (DRX) Pivot Points

Feb 22, 2025, 11:18 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
608.70
614.60
620.05
625.95
631.40
637.30
642.74
Fibonacci
614.60
618.94
621.61
625.95
630.28
632.96
637.30
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Drax Group plc (DRX) Moving Averages

Feb 22, 2025, 11:18 PM
Period
Simple
Exponential
MA5
624.20Buy
626.91Buy
MA10
634.15Sell
628.18Buy
MA20
626.35Buy
628.26Buy
MA50
630.29Sell
630.93Sell
MA100
638.68Sell
627.62Buy
MA200
606.65Buy
592.23Buy
Drax Group PLC’s (DRX) 10-Day exponential moving average is 628.18, while Drax Group PLC’s (DRX) share price is 629p, making it a Buy.
Drax Group PLC’s (DRX) 100-Day exponential moving average is 627.62, while Drax Group PLC’s (DRX) share price is 629p, making it a Buy.
Drax Group PLC’s (DRX) stock price is 629p and Drax Group PLC’s (DRX) 50-day simple moving average is 630.29, creating a Sell signal.
Drax Group PLC’s (DRX) stock price is 629p and Drax Group PLC’s (DRX) 100-day simple moving average is 638.68, creating a Sell signal.
Drax Group PLC’s (DRX) stock price is 629p and Drax Group PLC’s (DRX) 200-day simple moving average is 606.65, creating a Buy signal.

Drax Group plc (DRX) Technical Indicators

Feb 22, 2025, 11:18 PM
Name
Value
Implied Action
RSI (14)
50.20
Neutral
STOCH (9,6)
26.29
Neutral
STOCHRSI (14)
24.80
Neutral
MACD (12,26)
-0.31
Buy
ADX (14)
14.22
Buy
Williams %R
-69.60
Buy
CCI (14)
4.10
Neutral
ATR (14)
16.88
-
Ultimate Oscillator
40.83
Neutral
ROC
1.13
Buy
Drax Group PLC’s (DRX) Relative Strength Index (RSI) is 50.20, creating a Neutral signal.
Drax Group PLC’s (DRX) Trend Strength Indicator (ADX) is 14.22, creating a Buy signal.
Drax Group PLC’s (DRX) Commodity Channel Index (CCI) is 4.10, creating a Neutral signal.
Drax Group PLC’s (DRX) Price Rate of Change (ROC) is 1.13, creating a Buy signal.

FAQ

Is DRX a Buy, Hold, or Sell?
Based on DRX’s technical indicators, DRX is a Buy.
    What is DRX’s RSI (14)?
    DRX’s RSI (14) is 50.20, which suggests DRX is a Neutral.
      What is DRX’s MACD?
      DRX’s MACD is -0.31, which suggests DRX is a Buy.
        What is DRX’s 5-day moving average?
        DRX’s 5-day moving average is 624.20, which suggests DRX is a Buy.
          What is DRX’s 20-day moving average?
          DRX 20-day moving average is 626.35, which suggests DRX is a Buy.
            What is DRX’s 50-day moving average?
            DRX’s 50-day moving average is 630.29, which suggests DRX is a Sell.
              What is DRX’s 200-day moving average?
              DRX’s 200-day moving average is 606.65, which suggests DRX is a Buy.
                What is DRX’s Williams % R (14)?
                DRX’s Williams % R (14) is -69.60, which suggests DRX is a Buy.
                  What is DRX’s CCI (14)?
                  DRX’s CCI (14) is 4.10, which suggests DRX is a Neutral.
                    What is the share price of Drax Group PLC?
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