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Drax Group plc (GB:DRX)
:DRX
UK Market

Drax Group plc (DRX) Technical Analysis

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104 Followers

Technical Sentiment

Overall Consensus
Neutral
8Bullish
4Neutral
10Bearish
Technical Analysis Consensus
Sell
2Bullish
4Neutral
4Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Drax Group plc’s (DRX) Moving Averages Convergence Divergence (MACD) indicator is -5.83, suggesting Drax Group plc is a Sell.
Drax Group plc’s (DRX) 20-Day exponential moving average is 589.31, while Drax Group plc’s (DRX) share price is 594p, making it a Buy.
Drax Group plc’s (DRX) 50-Day exponential moving average is 603.80, while Drax Group plc’s (DRX) share price is 594p, making it a Sell.

Drax Group plc (DRX) Pivot Points

Apr 01, 2025, 04:25 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
580.00
583.50
588.50
592.00
597.00
600.50
605.50
Fibonacci
583.50
586.75
588.75
592.00
595.25
597.25
600.50
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

Apr 01, 2025, 04:25 AM
Period
Simple
Exponential
MA5
589.80Buy
590.16Buy
MA10
584.50Buy
586.86Buy
MA20
581.03Buy
589.31Buy
MA50
607.58Sell
603.80Sell
MA100
626.58Sell
612.15Sell
MA200
616.69Sell
595.82Sell
Drax Group plc’s (DRX) 10-Day exponential moving average is 586.86, while Drax Group plc’s (DRX) share price is 594p, making it a Buy.
Drax Group plc’s (DRX) 100-Day exponential moving average is 612.15, while Drax Group plc’s (DRX) share price is 594p, making it a Sell.
Drax Group plc’s (DRX) stock price is 594p and Drax Group plc’s (DRX) 50-day simple moving average is 607.58, creating a Sell signal.
Drax Group plc’s (DRX) stock price is 594p and Drax Group plc’s (DRX) 100-day simple moving average is 626.58, creating a Sell signal.
Drax Group plc’s (DRX) stock price is 594p and Drax Group plc’s (DRX) 200-day simple moving average is 616.69, creating a Sell signal.

Drax Group plc (DRX) Technical Indicators

Apr 01, 2025, 04:25 AM
Name
Value
Implied Action
RSI (14)
50.74
Neutral
STOCH (9,6)
90.32
Sell
STOCHRSI (14)
91.40
Sell
MACD (12,26)
-5.83
Sell
ADX (14)
28.42
Neutral
Williams %R
-9.88
Sell
CCI (14)
88.58
Neutral
ATR (14)
12.68
-
Ultimate Oscillator
62.21
Neutral
ROC
4.12
Buy
Drax Group plc’s (DRX) Relative Strength Index (RSI) is 50.74, creating a Neutral signal.
Drax Group plc’s (DRX) Trend Strength Indicator (ADX) is 28.42, creating a Neutral signal.
Drax Group plc’s (DRX) Commodity Channel Index (CCI) is 88.58, creating a Neutral signal.
Drax Group plc’s (DRX) Price Rate of Change (ROC) is 4.12, creating a Buy 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 50.74, which suggests DRX is a Neutral.
      What is DRX’s MACD?
      DRX’s MACD is -5.83, which suggests DRX is a Sell.
        What is DRX’s 5-day moving average?
        DRX’s 5-day moving average is 589.80, which suggests DRX is a Buy.
          What is DRX’s 20-day moving average?
          DRX 20-day moving average is 581.03, which suggests DRX is a Buy.
            What is DRX’s 50-day moving average?
            DRX’s 50-day moving average is 607.58, which suggests DRX is a Sell.
              What is DRX’s 200-day moving average?
              DRX’s 200-day moving average is 616.69, which suggests DRX is a Sell.
                What is DRX’s Williams % R (14)?
                DRX’s Williams % R (14) is -9.88, which suggests DRX is a Sell.
                  What is DRX’s CCI (14)?
                  DRX’s CCI (14) is 88.58, which suggests DRX is a Neutral.
                    What is the share price of Drax Group plc?
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