Technical Analysis for DRX - Drax Group Plc
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Flat | Up | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 20 DMA Resistance | Bearish | 0.00% | |
| Crossed Above 200 DMA | Bullish | 0.00% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 0.00% | |
| Bollinger Band Squeeze | Range Contraction | 0.00% | |
| Inside Day | Range Contraction | 0.00% | |
| 20 DMA Resistance | Bearish | 1.28% | |
| 200 DMA Resistance | Bearish | 1.28% | |
| Bollinger Band Squeeze | Range Contraction | 1.28% | |
| Doji - Bullish? | Reversal | 1.28% | |
| Down 3 Days in a Row | Weakness | 1.28% |
| Alert | Time |
|---|---|
| Possible Inside Day | about 18 hours ago |
| Possible NR7 | about 18 hours ago |
| 200 DMA Resistance | 2 days ago |
| 10 DMA Resistance | 2 days ago |
| Rose Above 10 DMA | 2 days ago |
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Drax Group Plc Description
Drax Group Plc is engaged in the electricity generation; electricity supply to business customers, and manufacturing of sustainable compressed wood pellets for use in electricity production. The Company's segments include Generation, which is engaged in the generation of electricity at Drax Power Station; Biomass Supply, which is engaged in the production of sustainable compressed wood pellets at its processing facilities in the United States, and Retail, which is engaged in the supply of power to business customers and wood pellets to the domestic heat market. Its business units include Drax Power, Haven Power, Drax Biomass and Billington Bioenergy. Drax Biomass provides compressed wood pellets. Haven Power supplies electricity to businesses. Billington Bioenergy supplies sustainable compressed wood pellets to provide businesses and households with renewable heat. Drax Power Station is located near Selby, North Yorkshire, connecting into the national electricity distribution grid.
Classification
Sector: Utilities
Industry: Utilities - Independent Power Producers
Keywords: Energy Manufacturing Electricity Renewable Energy Nature Biofuels Electricity Generation Power Station Yorkshire Biomass The National Electricity Distribution Pellet Supplies Electricity Bioenergy Electricity Supply Billington Electricity Production North Yorkshire
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 655.1058 |
| 52 Week Low | 4.3947 |
| Average Volume | 977,734 |
| 200-Day Moving Average | 489.84 |
| 50-Day Moving Average | 469.32 |
| 20-Day Moving Average | 491.37 |
| 10-Day Moving Average | 492.56 |
| Average True Range | 16.49 |
| RSI (14) | 51.92 |
| ADX | 22.69 |
| +DI | 15.51 |
| -DI | 22.46 |
| Chandelier Exit (Long, 3 ATRs) | 467.88 |
| Chandelier Exit (Short, 3 ATRs) | 518.14 |
| Upper Bollinger Bands | 509.02 |
| Lower Bollinger Band | 473.72 |
| Percent B (%b) | 0.47 |
| BandWidth | 7.18 |
| MACD Line | 4.35 |
| MACD Signal Line | 5.90 |
| MACD Histogram | -1.5485 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 508.50 | ||||
| Resistance 3 (R3) | 507.13 | 499.67 | 505.45 | ||
| Resistance 2 (R2) | 499.67 | 495.01 | 500.35 | 504.43 | |
| Resistance 1 (R1) | 494.93 | 492.13 | 497.30 | 496.30 | 503.42 |
| Pivot Point | 487.47 | 487.47 | 488.65 | 488.15 | 487.47 |
| Support 1 (S1) | 482.73 | 482.81 | 485.10 | 484.10 | 476.98 |
| Support 2 (S2) | 475.27 | 479.93 | 475.95 | 475.97 | |
| Support 3 (S3) | 470.53 | 475.27 | 474.95 | ||
| Support 4 (S4) | 471.90 |
