Are Relx shares about to bounce back?
After a lengthy bull run, this FTSE 100 stock has underperformed in 2025, but independent analyst Alistair Strang has spotted a new trend break. He also runs fresh charts for the Italian stock market.
12th November 2025 07:48
by Alistair Strang from Trends and Targets
The RELX (LSE:REL) share price is doing something interesting and has been the focus of a few comments anticipating some upward travel. At first glance, we’d conventionally ridicule such a notion, but price movements in the last couple of days tend to suggest the market may have a sneaky plan.
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The share price broke the upward trend on Friday, raising eyebrows as a reversal cycle to 2,977p looked like it had commenced. But, while the trend break occurred at 3,222p by closing at 3,227p, the share price has exceeded the level of trend break and – quite amazingly – closed a session at bang on the trend line.
One of our bigger rules is to distrust anything pointing at reversals, if a share price exceeds the point of trend break by just 5p, a ridiculous sum, the strong implication is that we should look for surprise recovery.
The situation now threatens movement above 3,236p as bringing movement to an initial 3,482p with our longer-term secondary, if beaten, at 3,683p.
We suspect this shall prove worthy of a glance.
Source: Trends and Targets. Past performance is not a guide to future performance.
The Italian stock market has closed higher than at any point since 2001, having just exceeded the 2007 peak. There are some signs its gains should continue, though we fear some hesitation is probable around the 45,000 level.
It is certainly doing well but the proximity of our secondary at 46,737 tends to suggest the Italian index risks stutters fairly soon. Currently trading around 44,439 points, it need only exceed 44,500 to suggest an imminent cycle to 45,047 points.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
Alistair Strang is a freelance contributor and not a direct employee of Interactive Investor. All correspondence is with Alistair Strang, who for these purposes is deemed a third-party supplier. Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Alistair Strang or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.
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