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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 77627

Date Daily Closing Price Open High Low Volume
28 Tue May 2024 11.50 10.87 11.50 10.87 1.721 times
23 Thu May 2024 10.65 10.87 10.87 10.57 0.799 times
22 Wed May 2024 10.84 10.49 10.87 10.46 1.36 times
21 Tue May 2024 10.48 10.32 10.51 10.18 0.475 times
20 Mon May 2024 10.38 10.27 10.40 10.16 0.64 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 11.2, for a target of 10.9 or 10.63

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 9.76
Downside Target 10.04
Downside Target 10.67
Downside Target 10.91
Downside Target 10.92
Downside Target 11.50
Upside Target 13.50

Intraday share price targets for Richardson Electronics (RELL)

Target Type Value
Downside Intraday Target 11.08
Downside Intraday Target 10.66
Upside Intraday Target 11.71
Upside Intraday Target 11.92
Downside Intraday Target 11.29

Weekly technical analysis of Richardson Electronics (RELL)

Date Weekly Closing Price Open High Low Volume
28 Tue May 2024 11.50 10.87 11.50 10.87 0.526 times
23 Thu May 2024 10.65 10.27 10.87 10.16 0.654 times
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

Price has moved up 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
28 Tue May 2024 11.50 10.53 11.50 10.11 0.383 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 up 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 38, 14, 47 Buy
MACD 0, 0Buy
Stochastics 87Buy
CCI 234Buy
RSI 60Buy
OBV 559661Sell
VWAP 11Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Richardson Electronics ( (RELL) ) based on a short 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.

Price action analysis of Richardson Electronics ( (RELL) ) based on a short 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.

Price action analysis of Richardson Electronics ( (RELL) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Richardson Electronics in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Richardson Electronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up

CCI has generated a buy signal for Richardson Electronics in short term and BUY 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 10.69 and Richardson Electronics (RELL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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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