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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.

Showing technical analysis as on 2024-07-24 View latest technical analysis

10 day averaged volume of Richardson Electronics is 113370

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	11.13	11.41	11.60	11.04	1.165 times
23 Tue Jul 2024	11.50	11.85	12.03	11.09	1.534 times
22 Mon Jul 2024	11.89	11.52	11.90	11.38	0.712 times
19 Fri Jul 2024	11.52	11.82	11.82	11.49	0.525 times
18 Thu Jul 2024	11.83	12.65	12.65	11.61	1.42 times
17 Wed Jul 2024	12.45	12.85	12.90	12.22	0.823 times
16 Tue Jul 2024	12.90	12.48	12.94	12.48	1.053 times
15 Mon Jul 2024	12.34	12.23	12.50	12.14	1.214 times
12 Fri Jul 2024	12.21	12.43	12.50	12.03	0.776 times
11 Thu Jul 2024	12.40	11.98	12.46	11.95	1.155 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 11, for a target of 11.5 or 11.86

Share price targets for Richardson Electronics (RELL)

Target Type	Value
Downside Target	8.08
Downside Target	9.00
Downside Target	9.25
Downside Target	10.11
Downside Target	10.65
Downside Target	10.91
Upside Target	11.43
Upside Target	11.86
Upside Target	12.03
Upside Target	12.14
Upside Target	12.50
Upside Target	12.94

Intraday share price targets for Richardson Electronics (RELL)

Target Type	Value
Downside Intraday Target	10.77
Downside Intraday Target	10.41
Upside Intraday Target	11.76
Upside Intraday Target	12.39
Upside Intraday Target	11.4

Weekly technical analysis of Richardson Electronics (RELL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	11.13	11.52	12.03	11.04	0.677 times
19 Fri Jul 2024	11.52	12.23	12.94	11.49	1.56 times
12 Fri Jul 2024	12.21	11.73	12.50	11.44	3.25 times
05 Fri Jul 2024	11.63	11.86	11.86	11.43	0.726 times
03 Wed Jul 2024	11.65	11.86	11.86	11.45	0.529 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
24 Wed Jul 2024	11.13	11.86	12.94	11.04	1.139 times
28 Fri Jun 2024	11.89	11.35	12.14	10.65	0.881 times
31 Fri May 2024	11.19	10.53	11.54	10.11	0.443 times
30 Tue Apr 2024	10.53	9.21	10.91	9.00	1.565 times

Scroll below to view daily charts

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)

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 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 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 green color and prices are in or below the green 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12 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 negative.

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