DRAX GROUP PLC (DRX.L) Stock Technical Analysis
LON:DRX - London Stock Exchange, The - GB00B1VNSX38 - Common Stock - Currency: GBX
We assign a technical rating of 2 out of 10 to DRX. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
In the last month DRX has a been trading in the 534.50 - 599.00 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that DRX is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
DRX has a poor technical rating and the quality of the setup is also not perfect 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
532.61
682.77
When analyzing the support we notice one important area.
- A support zone ranging from 537.99 to 545.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @637.50 from a trend line in the daily time frame.
- A resistance zone ranging from 667.00 to 676.01. 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
CRS70.56
Mansfield0.12
10 Day High597
10 Day Low534.5
20 Day High599
20 Day Low534.5
52 Week High692
52 Week Low480.1
Performance
1 Week4.11%
2 Weeks6.77%
1 Month2.1%
3 Month-1.69%
6 Month-6.7%
12 Month14.02%
2 Year-4.47%
3 Year-26.72%
5 Year184.78%
10 Year48.83%
15 Year64.62%
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)4.7
RSI(14)58.58
LBB531.32
UBB605.14
LON:DRX (4/25/2025, 5:29:50 PM)
595.75
+13.75 (+2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.36%
1 Week4.11%
2 Weeks6.77%
1 Month2.1%
3 Month-1.69%
6 Month-6.7%
12 Month14.02%
2 Year-4.47%
3 Year-26.72%
5 Year184.78%
10 Year48.83%
15 Year64.62%
Volatility
ATR(14)16
ATR(20)%2.26%
ATR Inc13.79%
Range Today19
ADR(20)11.66
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.56
Mansfield0.12
10 Day High597
10 Day Low534.5
20 Day High599
20 Day Low534.5
52 Week High692
52 Week Low480.1
CS1 End545.99
CR1 Start637.5
Volume & EV
DER(3)-10.58%
DER(5)-14%
Volume485.38K
Volume Incr-15.59%
Vol(5)592.09K
Vol(50)709.82K