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Drax Group PLC (GB:DRX)
LSE:DRX
Holding GB:DRX?
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Drax Group plc (DRX) Technical Analysis

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Technical Sentiment

Overall Consensus
Neutral
8Bullish
4Neutral
10Bearish
Technical Analysis Consensus
Buy
4Bullish
4Neutral
2Bearish
Moving Average Consensus
Sell
4Bullish
0Neutral
8Bearish
Drax Group PLC’s (DRX) Moving Averages Convergence Divergence (MACD) indicator is -5.30, suggesting Drax Group PLC is a Buy.
Drax Group PLC’s (DRX) 20-Day exponential moving average is 642.51, while Drax Group PLC’s (DRX) share price is 629.5p, making it a Sell.
Drax Group PLC’s (DRX) 50-Day exponential moving average is 642.88, while Drax Group PLC’s (DRX) share price is 629.5p, making it a Sell.

Drax Group plc (DRX) Pivot Points

Dec 22, 2024, 06:17 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
610.83
615.67
624.33
629.17
637.83
642.67
651.33
Fibonacci
615.67
620.82
624.01
629.17
634.32
637.51
642.67
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

Dec 22, 2024, 06:17 AM
Period
Simple
Exponential
MA5
629.80Buy
632.22Sell
MA10
636.80Sell
636.92Sell
MA20
647.90Sell
642.51Sell
MA50
646.60Sell
642.88Sell
MA100
642.11Sell
626.36Buy
MA200
576.00Buy
574.95Buy
Drax Group PLC’s (DRX) 10-Day exponential moving average is 636.92, while Drax Group PLC’s (DRX) share price is 629.5p, making it a Sell.
Drax Group PLC’s (DRX) 100-Day exponential moving average is 626.36, while Drax Group PLC’s (DRX) share price is 629.5p, making it a Buy.
Drax Group PLC’s (DRX) stock price is 629.5p and Drax Group PLC’s (DRX) 50-day simple moving average is 646.60, creating a Sell signal.
Drax Group PLC’s (DRX) stock price is 629.5p and Drax Group PLC’s (DRX) 100-day simple moving average is 642.11, creating a Sell signal.
Drax Group PLC’s (DRX) stock price is 629.5p and Drax Group PLC’s (DRX) 200-day simple moving average is 576.00, creating a Buy signal.

Drax Group plc (DRX) Technical Indicators

Dec 22, 2024, 06:17 AM
Name
Value
Implied Action
RSI (14)
40.50
Neutral
STOCH (9,6)
28.85
Neutral
STOCHRSI (14)
23.40
Neutral
MACD (12,26)
-5.30
Buy
ADX (14)
14.97
Buy
Williams %R
-76.24
Buy
CCI (14)
-121.32
Buy
ATR (14)
14.35
-
Ultimate Oscillator
50.62
Neutral
ROC
-4.04
Sell
Drax Group PLC’s (DRX) Relative Strength Index (RSI) is 40.50, creating a Neutral signal.
Drax Group PLC’s (DRX) Trend Strength Indicator (ADX) is 14.97, creating a Buy signal.
Drax Group PLC’s (DRX) Commodity Channel Index (CCI) is -121.32, creating a Buy signal.
Drax Group PLC’s (DRX) Price Rate of Change (ROC) is -4.04, creating a Sell signal.

FAQ

Is DRX a Buy, Hold, or Sell?
Based on DRX’s technical indicators, DRX is a Hold.
    What is DRX’s RSI (14)?
    DRX’s RSI (14) is 40.50, which suggests DRX is a Neutral.
      What is DRX’s MACD?
      DRX’s MACD is -5.30, which suggests DRX is a Buy.
        What is DRX’s 5-day moving average?
        DRX’s 5-day moving average is 629.80, which suggests DRX is a Buy.
          What is DRX’s 20-day moving average?
          DRX 20-day moving average is 647.90, which suggests DRX is a Sell.
            What is DRX’s 50-day moving average?
            DRX’s 50-day moving average is 646.60, which suggests DRX is a Sell.
              What is DRX’s 200-day moving average?
              DRX’s 200-day moving average is 576.00, which suggests DRX is a Buy.
                What is DRX’s Williams % R (14)?
                DRX’s Williams % R (14) is -76.24, which suggests DRX is a Buy.
                  What is DRX’s CCI (14)?
                  DRX’s CCI (14) is -121.32, which suggests DRX is a Buy.
                    What is the share price of Drax Group PLC?
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