Reed Elsevier shows a strong performance for several trading sessions.

Regarding the fundamentals, we note the high return on equity (ROE) of 51.7%, sign of a good capacity to generate profit.

The security is in an upward trend for several months. This movement is supported by the 20-day moving average and may stop any bearish inclinations. Exceeding the GBp 853.5 resistance will indicate a buy signal with a target price in the area of GBp 939.

Exceeding the technical line at GBp 853.5 would point to ambitious upward targets. In this case, market participants could buy this stock with an initial target of GBp 896 (swing effect). A stop loss should be placed bellow the entry point.