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Drax Group PLC (GB:DRX)
LSE:DRX

Drax Group plc (DRX) Technical Analysis

52 Followers

Technical Sentiment

Overall Consensus
Strong Buy
13Bullish
0Neutral
0Bearish
Technical Analysis Consensus
Strong Buy
1Bullish
0Neutral
0Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Drax Group PLC’s (DRX) 20-Day exponential moving average is 477.46, while Drax Group PLC’s (DRX) share price is 491.6p, making it a Buy.
Drax Group PLC’s (DRX) 50-Day exponential moving average is 468.38, while Drax Group PLC’s (DRX) share price is 491.6p, making it a Buy.

Drax Group plc (DRX) Pivot Points

Apr 24, 2024, 08:35 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
Fibonacci
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 24, 2024, 08:35 PM
Period
Simple
Exponential
MA5
483.37Buy
484.16Buy
MA10
481.35Buy
481.95Buy
MA20
478.81Buy
477.46Buy
MA50
456.56Buy
468.38Buy
MA100
463.03Buy
466.19Buy
MA200
474.53Buy
484.44Buy
Drax Group PLC’s (DRX) 10-Day exponential moving average is 481.95, while Drax Group PLC’s (DRX) share price is 491.6p, making it a Buy.
Drax Group PLC’s (DRX) 100-Day exponential moving average is 466.19, while Drax Group PLC’s (DRX) share price is 491.6p, making it a Buy.
Drax Group PLC’s (DRX) stock price is 491.6p and Drax Group PLC’s (DRX) 50-day simple moving average is 456.56, creating a Buy signal.
Drax Group PLC’s (DRX) stock price is 491.6p and Drax Group PLC’s (DRX) 100-day simple moving average is 463.03, creating a Buy signal.
Drax Group PLC’s (DRX) stock price is 491.6p and Drax Group PLC’s (DRX) 200-day simple moving average is 474.53, creating a Buy signal.

Drax Group plc (DRX) Technical Indicators

Apr 24, 2024, 08:35 PM
Name
Value
Implied Action
ROC
0.65
Buy
Drax Group PLC’s (DRX) Price Rate of Change (ROC) is 0.65, creating a Buy signal.

FAQ

Is DRX a Buy, Hold, or Sell?
Based on DRX’s technical indicators, DRX is a Strong Buy.
    What is DRX’s RSI (14)?
    Currently, no data Available
    What is DRX’s MACD?
    Currently, no data Available
    What is DRX’s 5-day moving average?
    DRX’s 5-day moving average is 483.37, which suggests DRX is a Buy.
      What is DRX’s 20-day moving average?
      DRX 20-day moving average is 478.81, which suggests DRX is a Buy.
        What is DRX’s 50-day moving average?
        DRX’s 50-day moving average is 456.56, which suggests DRX is a Buy.
          What is DRX’s 200-day moving average?
          DRX’s 200-day moving average is 474.53, which suggests DRX is a Buy.
            What is DRX’s Williams % R (14)?
            Currently, no data Available
            What is DRX’s CCI (14)?
            Currently, no data Available
            What is the share price of Drax Group PLC?
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