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(RELL) Richardson Electronics complete technical analysis [charts+indicators] | Buy/Sell Richardson Electronics | (RELL) share price targets

Complete technical analysis of Richardson Electronics (RELL) by charts plus indicators, forecast predictions and share price targets for Richardson Electronics (RELL)

Richardson Electronics trades in USA in Consumer Non Durables sector.

10 day averaged volume of Richardson Electronics is 73945

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 10.19 10.31 10.31 10.11 0.95 times
16 Thu May 2024 10.28 10.45 10.52 10.25 0.561 times
15 Wed May 2024 10.53 10.67 10.67 10.46 1.194 times
14 Tue May 2024 10.55 10.57 10.65 10.48 1.298 times
13 Mon May 2024 10.48 10.50 10.64 10.32 1.25 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.2, but if it comes above 10.2, then a intra day buy could be more profitable.
If you take a sell trade below 10.2, then use 10.2 as stoploss and 9.9 as target. However if you take a buy trade in stock , then use 10.2 as stoploss and 10.46 as target.

Share price targets for Richardson Electronics (RELL)

Target Type Value
Downside Target 8.08
Downside Target 8.67
Downside Target 9.00
Downside Target 9.25
Downside Target 9.62
Downside Target 10.04
Upside Target 10.34
Upside Target 10.67
Upside Target 10.91
Upside Target 10.92
Upside Target 13.50

Intraday share price targets for Richardson Electronics (RELL)

Target Type Value
Downside Intraday Target 9.98
Downside Intraday Target 9.76
Upside Intraday Target 10.54
Upside Intraday Target 10.88
Upside Intraday Target 10.32

Weekly technical analysis of Richardson Electronics (RELL)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 10.19 10.50 10.67 10.11 1.107 times
10 Fri May 2024 10.39 10.83 10.92 10.34 0.568 times
03 Fri May 2024 10.76 10.17 10.91 10.06 0.887 times
26 Fri Apr 2024 10.00 10.40 10.48 9.82 1.014 times
19 Fri Apr 2024 10.46 9.62 10.55 9.62 0.512 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Richardson Electronics (RELL)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 10.19 10.53 10.92 10.11 0.274 times
30 Tue Apr 2024 10.53 9.21 10.91 9.00 1.565 times
28 Thu Mar 2024 9.21 8.80 9.25 8.08 0.711 times
29 Thu Feb 2024 8.79 9.87 10.04 8.67 0.782 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Richardson Electronics (RELL)

Indicator Name Indicator Value Indicator Signal
ADX 16, 25, 23 Sell
MACD 0, 0Sell
Stochastics 16Sell
CCI -168Sell
RSI 52Buy
OBV 151648Sell
VWAP 11Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Richardson Electronics ( (RELL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Richardson Electronics ( (RELL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Richardson Electronics ( (RELL) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Richardson Electronics ( (RELL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Richardson Electronics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Richardson Electronics in short term but the sell signal is initial and weak.

Richardson Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Richardson Electronics in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Richardson Electronics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.54 and Richardson Electronics (RELL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Richardson Electronics (RELL) stock. Volume based technical analysis of Richardson Electronics (RELL) stock is negative.

Richardson Electronics Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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