RELX Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
BUY now for a short-term rebound setup: RELX is extremely oversold (RSI_6 ~6) and trading near a key support zone (S2 ~35.211). While the broader trend is still bearish, positioning/sentiment (very low put-call ratios, hedge fund buying, and recent analyst upgrades) favors a bounce over the next several sessions rather than waiting for a perfect trend reversal.
Trend is bearish but stretched: (1) Moving averages are stacked bearishly (SMA_200 > SMA_20 > SMA_5), confirming a downtrend. (2) MACD histogram at -0.612 and expanding lower shows downside momentum is still active. (3) RSI_6 at ~6.22 signals an extreme oversold condition that often precedes a snapback rally. Price context: current ~35.655 is below S1 (36.587) and close to S2 (35.211), making this a technically attractive area for a bounce attempt. Upside levels to watch on a rebound are S1 ~36.587 first, then Pivot ~38.814.
Product/news flow is constructive: LexisNexis launched IDVerse for Insurance (AI identity verification) targeting rising AI-enabled fraud, a clear demand driver.
FedRAMP 'In Process' status is a credibility/catalyst step for deeper U.S. federal/public sector penetration.
Flows/support: hedge funds are reported as buying aggressively (+147.4% QoQ).
Street view improved recently via upgrade(s) and target raise(s), reinforcing confidence after the de-rating.
Technical trend remains down (bearish MA stack + negative/expanding MACD), so rebounds can fail if sellers remain in control.
Elevated implied volatility suggests the market expects turbulence; a negative headline can still hit the stock quickly.
Sector narrative risk: concerns around AI disruption in information/data businesses were cited as a driver of the prior selloff (even if Relx is positioned to benefit).
Latest quarter financials were not provided in the dataset (financial snapshot error), so a growth/margins read-through for the most recent quarter/season cannot be verified here.
Recent analyst trend is improving. Deutsche Bank upgraded RELX to Buy from Hold, explicitly calling the recent de-rating an attractive entry point and highlighting Relx as a high-quality data/technology business with organic growth and increasing margins (despite a lower PT vs prior). JPMorgan reiterated Overweight and raised its price target (to 5,070 GBp from 4,920 GBp). Wall Street pros: high-quality data franchise, tech investment, resilient growth/margins, and the pullback creating entry appeal. Cons: valuation/peer-read-across risk and recurring AI-disruption fears that can pressure multiples even when fundamentals are intact.
