Analysis News

  • The best newsletter in the market
  • Customisable and personal
  • By e-mail every morning, for free

Receive Analysis News:

EMail:

Free daily newsletter every morning

Content
Signals
All indicators - Medium term
AstraZenecaNov 22, 2024
BP PLCNov 22, 2024
RELX PLCNov 22, 2024
ISHARESNov 22, 2024
Centrica PLCNov 22, 2024

The market rallied Friday, and UK 100 (CBOE) closed at 831 points after an increase of 1.4 percent. The index has never gained more in one day since Aug 7, when it was up 1.8 percent. The week as a whole showed a gain of 2.5 percent.

1160 shares showed a gain and 559 showed a loss. 127 shares were unchanged and closed at the same price as the previous day. There was no trading in 205 shares.

Total value of the trading volume for shares and primary capital certificates Friday was approximately 602.0 billion.

AstraZeneca ended with a solid gain of 6.5 percent and closed at 10506 pence. The previous time the stock gained this much was Nov 4. 2020, when it closed up 6.9 percent. It also looks good technically. The stock is trend wise positive in the medium term, has marginally broken up through resistance at 10500 pence and a further increase is indicated.
RELX PLC closed at 3725 pence after a solid gain of 3.5 percent. The stock has never gained more in one day since Jul 27. 2023, when it was up 4.9 percent. The stock has thereby closed up 12 out of the past 16 days. The stock triggered a buy signal by the break up through the resistance at 3715 pence in rectangle formation. A further increase to 3925 pence within six months is indicated.
London Stock Exchange Group moved up and ended at 11105 pence, which is an increase of 1.6 percent. The stock thereby broke the previous record from Jun 6 and set a new all time high. The stock has now closed up for the fifth day in a row. It also looks good technically. The stock is trend wise positive in the medium term, has marginally broken up through resistance at 11100 pence and a further increase is indicated.
Experian PLC rose sharply to close at 3822 pence, up 4.7 percent. The previous time the stock gained this much was May 15, when it closed up 8.8 percent. Technically it also looks good. The stock is trend wise positive in the medium term, has marginally broken up through resistance at 3800 pence and a further increase is indicated.
Haleon plc closed at 380 pence after a solid gain of 3.0 percent. The stock has never gained more in one day since Feb 29, when it was up 4.7 percent. The stock has thereby closed up six out of the past seven days. Technically it also looks good. The stock is trend wise positive in the medium term and a further increase is indicated.

US 500 rises for the fifth day in a row
The market showed a small gain Friday, and S&P 500 ended the day at 5969 points, which is an increase of 0.3 percent. The week as a whole showed a gain of 1.7 percent. The index has now closed up for the fifth day in a row.

Indices
UK 100 (CBOE)
arrow green   Positive Candidate
UK 100 (CBOE) shows strong development within a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The index is moving within a rectangle formation between support at 807 and resistance at 839. A decisive break through one of these levels indicates the new direction for the index. The index is between support at points 824 and resistance at points 842. A definitive break through of one of these levels predicts the new direction. The index is overall assessed as technically positive for the medium long term.
S&P 500
arrow green   Positive Candidate
S&P 500 is in a rising trend channel in the medium long term. This shows that investors over time have bought the index at higher prices and indicates good development for the market. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the index has support at approximately 5670 points. The index is assessed as technically positive for the medium long term.
Today´s Case
RELX PLC (REL) Price 3725.00, Nov 22, 2024
chart
RELX PLC shows strong development within a rising trend channel in the medium long term. This signals increasing optimism among investors and indicates continued rise. The price has also broken the resistance at 3715 of a rectangle pattern, which signals a further rise. The stock has broken up through resistance at pence 3680. This predicts a further rise. In case of negative reactions, there will now be support at pence 3680. The stock is overall assessed as technically positive for the medium long term.
Recommendation: Positive
Latest days indices
AEX1.58%879.80
CAC400.58%7255.01
COMPX0.16%19004.00
DAX0.92%19323
HEX0.56%9559.33
N1000.62%1443.61
OMXC25GI1.68%2144.92
OMXSPI1.02%956.89
OSEBX0.26%1468.66
PSI200.76%6409.00
TECDAX1.23%3370.04
BUK100P1.41%831.38
EURUSD-0.67%1.0400
CL (OIL)1.63%71.24
Indices Evaluations
 SML
AEXnegpospos
CAC40negnegneutral
COMPXpospospos
DAXneutralpospos
HEXnegnegneg
N100neutralnegpos
OMXC25GInegneutralneg
OMXSPInegneutralpos
OSEBXpospospos
PSI20negnegneutral
TECDAXpospospos
BUK100Pnegpospos
EURUSDnegnegneg
CL (OIL)negneutralpos

S: Short term.    M: Medium term.    L: Long term.
Stock Exchange barometer
FTSE 100 - Medium term
 
      
44% 18% 38%
 43 Buy Candidates
 18 Neutral
 37 Sell Candidates
Disclaimer Copyright © 2024 Investtech.com AS, Org nr 978 655 424 MVA


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Cancel Analysis News
[ Back to default newsletter setup ]

Edit AnalysisNews

Register as a recipient of AnalysisNews in order to customise the content.
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Titlex

OK
+

Cookie consent

We use cookies to give you a better user experience. If you continue to use the website, you accept this. For further details click here.

Our use of cookies

When you use our website, we store a cookie on your device. The cookie is used to recognize your device so that your settings work when you use our websites. The information that is stored is completely anonymised. Cookies are automatically deleted after a certain time.

Necessary cookies

Investtech uses cookies to ensure basic functions such as page navigation and language selection. Without such cookies, the website does not function as it should. You cannot therefore make a reservation against these. If you still want to disable such cookies you can do so in your browser settings. In the Cookies section add this website to the list of sites which are not allowed to save cookies on your device.

Cookies from Google

We use services from Google Analytics and Google AdWords. These register cookies on your device when you visit our website. Google registers your IP address in order to keep statistics on user activity on the website. The IP address is anonymised, so that we have no opportunity to link the activities to a specific person. We use these statistics to be able to offer more interesting content on the website and to constantly improve ourselves. Google AdWords collects data so that our advertising on other websites gives better results. We cannot trace the data of individuals.

Allow cookies from Google