Drax - Bearish DRAX broken out of a bullish triangle this week. Bearish in my book. Expect retest at around 548.
PS: This could also be a false breakout.
This is not a recommendation to trade. Do your own research and make your own decisions.
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1.5 GBP
526.60 M GBP
6.08 B GBP
353.03 M
About DRAX GROUP PLC ORD GBP0.1155172
Sector
Industry
CEO
Dwight Daniel Willard Gardiner
Website
Headquarters
Selby
Founded
2005
ISIN
GB00B1VNSX38
FIGI
BBG000Q7BT54
Drax Group Plc engages in the renewable power generation. It operates through the following business segments: Generation, Biomass Supply, and Retail. The Generation segment generates renewable power generation biomass and supplies to Electricity Grids and Drax Power Station. The Biomass Supply segment offers a sustainable, low-carbon fuel source that can be safely and efficiently delivered to compressed wood pellets at processing facilities. The Retail segment offers supply of power to business customers and wood pellets. The company was founded on September 13, 2005 and is headquartered in Selby, the United Kingdom.
BreakoutClear uptrend.
Breakout from descending channel.
On high volume.
With volatility expansion preceeded by contraction.
Looks good on daily and weekly timeframe.
I see Fractals, what do they mean?I have no knowledge of fractals, I'm hoping @Meszaros or some other genius can work it out?
Drax PLC - Correction finished and upside from here?From my analysis Drax PLC may have a little further to retrace for wave 2 but it may be about to embark on some serious upside. According to this Elliott Wave count it may have completed a correction that started in 2006 and may now be resuming its upwards trend. For the more pessimistic, my complet
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Summarizing what the indicators are suggesting.
Neutral
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Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
XS224761406
DRAX FINCO 20/25 REGSYield to maturity
5.67%
Maturity date
Nov 1, 2025
XS280845345
DRAX FINCO 24/29Yield to maturity
5.37%
Maturity date
Apr 15, 2029
See all DRX bonds
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Frequently Asked Questions
The current price of DRX is 564.0 GBX — it has increased by 1.09% in the past 24 hours. Watch DRAX GROUP PLC ORD GBP0.1155172 stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on LSE exchange DRAX GROUP PLC ORD GBP0.1155172 stocks are traded under the ticker DRX.
DRX stock has fallen by −1.24% compared to the previous week, the month change is a −1.24% fall, over the last year DRAX GROUP PLC ORD GBP0.1155172 has showed a 10.81% increase.
We've gathered analysts' opinions on DRAX GROUP PLC ORD GBP0.1155172 future price: according to them, DRX price has a max estimate of 1,050.00 GBX and a min estimate of 529.00 GBX. Watch DRX chart and read a more detailed DRAX GROUP PLC ORD GBP0.1155172 stock forecast: see what analysts think of DRAX GROUP PLC ORD GBP0.1155172 and suggest that you do with its stocks.
DRX stock is 2.26% volatile and has beta coefficient of 1.22. Track DRAX GROUP PLC ORD GBP0.1155172 stock price on the chart and check out the list of the most volatile stocks — is DRAX GROUP PLC ORD GBP0.1155172 there?
Today DRAX GROUP PLC ORD GBP0.1155172 has the market capitalization of 1.99 B, it has decreased by −6.56% over the last week.
Yes, you can track DRAX GROUP PLC ORD GBP0.1155172 financials in yearly and quarterly reports right on TradingView.
DRAX GROUP PLC ORD GBP0.1155172 is going to release the next earnings report on Jul 31, 2025. Keep track of upcoming events with our Earnings Calendar.
DRX net income for the last half-year is 186.90 M GBP, while the previous report showed 339.70 M GBP of net income which accounts for −44.98% change. Track more DRAX GROUP PLC ORD GBP0.1155172 financial stats to get the full picture.
DRAX GROUP PLC ORD GBP0.1155172 dividend yield was 4.01% in 2024, and payout ratio reached 18.92%. The year before the numbers were 4.72% and 16.18% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 15, 2025, the company has 3.24 K employees. See our rating of the largest employees — is DRAX GROUP PLC ORD GBP0.1155172 on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. DRAX GROUP PLC ORD GBP0.1155172 EBITDA is 1.04 B GBP, and current EBITDA margin is 17.46%. See more stats in DRAX GROUP PLC ORD GBP0.1155172 financial statements.
Like other stocks, DRX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade DRAX GROUP PLC ORD GBP0.1155172 stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So DRAX GROUP PLC ORD GBP0.1155172 technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating DRAX GROUP PLC ORD GBP0.1155172 stock shows the neutral signal. See more of DRAX GROUP PLC ORD GBP0.1155172 technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.