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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 2024-08-02 View latest technical analysis

10 day averaged volume of Richardson Electronics is 121495

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	11.42	11.26	11.61	11.23	0.955 times
01 Thu Aug 2024	11.74	11.99	12.10	11.43	0.998 times
31 Wed Jul 2024	11.97	12.24	12.45	11.85	0.722 times
30 Tue Jul 2024	12.10	12.15	12.23	11.95	0.408 times
29 Mon Jul 2024	12.06	12.08	12.37	11.84	0.674 times
26 Fri Jul 2024	12.01	11.59	12.19	11.36	0.751 times
25 Thu Jul 2024	11.40	10.57	11.73	10.35	2.774 times
24 Wed Jul 2024	11.13	11.41	11.60	11.04	1.087 times
23 Tue Jul 2024	11.50	11.85	12.03	11.09	1.431 times
22 Mon Jul 2024	11.89	11.52	11.90	11.38	0.664 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.5, but if it comes above 11.5, then a intra day buy could be more profitable.
If you take a sell trade below 11.5, then use 11.5 as stoploss and 11 as target. However if you take a buy trade in stock , then use 11.5 as stoploss and 11.89 as target.

Share price targets for Richardson Electronics (RELL)

Target Type	Value
Downside Target	9.00
Downside Target	10.11
Downside Target	10.35
Downside Target	10.65
Downside Target	10.91
Downside Target	11.23
Upside Target	11.86
Upside Target	12.10
Upside Target	12.14
Upside Target	12.19
Upside Target	12.45
Upside Target	12.50
Upside Target	12.94

Intraday share price targets for Richardson Electronics (RELL)

Target Type	Value
Downside Intraday Target	10.95
Downside Intraday Target	10.48
Upside Intraday Target	12.17
Upside Intraday Target	12.92
Upside Intraday Target	11.7

Weekly technical analysis of Richardson Electronics (RELL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	11.42	12.08	12.45	11.23	0.56 times
26 Fri Jul 2024	12.01	11.52	12.19	10.35	1.427 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

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
02 Fri Aug 2024	11.42	11.99	12.10	11.23	0.106 times
31 Wed Jul 2024	11.97	11.86	12.94	10.35	1.602 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

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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

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 11.6 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.