DRAX GROUP PLC (DRX.L) Stock Technical Analysis
LON:DRX - London Stock Exchange, The - GB00B1VNSX38 - Common Stock - Currency: GBX
Taking everything into account, DRX scores 1 out of 10 in our technical rating. DRX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month DRX has a been trading in the 569.50 - 671.00 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, DRX turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
DRX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
The technical rating of DRX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
574.20
675.19
We can see 3 important resistance areas.
- A resistance zone ranging from 621.54 to 634.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @656.26 from a horizontal line in the daily time frame.
- A resistance zone ranging from 667.00 to 668.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.18
Mansfield-0.46
10 Day High656
10 Day Low569.5
20 Day High671
20 Day Low569.5
52 Week High692
52 Week Low461.3
Performance
1 Week-4.37%
2 Weeks-8.08%
1 Month-8.55%
3 Month-11.65%
6 Month-10.7%
12 Month19.07%
2 Year-5.38%
3 Year-26.11%
5 Year282.08%
10 Year59.38%
15 Year55.29%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-5.76
RSI(14)31.06
LBB571.97
UBB656.71
LON:DRX (3/7/2025, 5:29:07 PM)
580
-1 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.17%
1 Week-4.37%
2 Weeks-8.08%
1 Month-8.55%
3 Month-11.65%
6 Month-10.7%
12 Month19.07%
2 Year-5.38%
3 Year-26.11%
5 Year282.08%
10 Year59.38%
15 Year55.29%
Volatility
ATR(14)15.43
ATR(20)%2.81%
ATR Inc-11%
Range Today14.5
ADR(20)15.76
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.18
Mansfield-0.46
10 Day High656
10 Day Low569.5
20 Day High671
20 Day Low569.5
52 Week High692
52 Week Low461.3
CS1 EndN/A
CR1 Start621.54
Volume & EV
DER(3)-14.41%
DER(5)-13.53%
Volume1.01M
Volume Incr15.41%
Vol(5)804.54K
Vol(50)680.48K