Overall market sentiment has been high on Relx PLC (RELX) stock lately. RELX receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Relx PLC has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on RELX!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With RELX Stock Today?
Relx PLC (RELX) stock is trading at $28.83 as of 11:08 AM on Friday, Aug 19, a decline of -$0.13, or -0.45% from the previous closing price of $28.96. The stock has traded between $28.82 and $29.00 so far today. Volume today is less active than usual. So far 260,579 shares have traded compared to average volume of 726,260 shares.
To see InvestorsObserver's Sentiment Score for Relx PLC click here.
More About Relx PLC
RELX, formerly known as Reed Elsevier, is a FTSE 100 diversified information and analytics company. The firm operates across four main areas: scientific, technical, and medical (37% of 2021 sales); risk (34%); legal (22%); and exhibitions (7%). RELX Group has three listings: its primary one in London and two more in New York and Amsterdam.
Click Here to get the full Stock Report for Relx PLC stock.