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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 2024-09-20 View latest technical analysis

10 day averaged volume of Richardson Electronics is 44230

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	12.03	12.19	12.31	12.03	2.492 times
19 Thu Sep 2024	12.26	12.30	12.50	12.23	0.527 times
18 Wed Sep 2024	11.96	11.92	12.18	11.84	0.735 times
17 Tue Sep 2024	11.89	11.80	12.02	11.69	1.063 times
16 Mon Sep 2024	11.67	11.80	11.80	11.59	1.065 times
13 Fri Sep 2024	11.78	11.73	11.92	11.73	0.565 times
12 Thu Sep 2024	11.59	11.51	11.67	11.39	0.764 times
11 Wed Sep 2024	11.51	11.56	11.58	11.42	1.099 times
10 Tue Sep 2024	11.58	11.52	11.73	11.47	1.144 times
09 Mon Sep 2024	11.55	11.36	11.67	11.36	1.42 times

Stock of Richardson Electronics (RELL) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12, but if it comes below 12, then a intra day sell could be more profitable.
If you take a sell trade below 12, then use 12 as stoploss and 11.77 as target. However if you take a buy trade in stock , then use 12 as stoploss and 12.2 as target.

Share price targets for Richardson Electronics (RELL)

Target Type	Value
Downside Target	10.11
Downside Target	10.35
Downside Target	10.65
Downside Target	11.36
Downside Target	11.92
Upside Target	12.14
Upside Target	12.16
Upside Target	12.26
Upside Target	12.50
Upside Target	12.94

Intraday share price targets for Richardson Electronics (RELL)

Target Type	Value
Downside Intraday Target	11.58
Downside Intraday Target	11.13
Upside Intraday Target	12.49
Upside Intraday Target	12.95
Upside Intraday Target	12.04

Weekly technical analysis of Richardson Electronics (RELL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	12.03	11.80	12.50	11.59	1.178 times
13 Fri Sep 2024	11.78	11.36	11.92	11.36	0.989 times
06 Fri Sep 2024	11.40	11.80	11.85	11.40	7.83 times
30 Fri Aug 2024	11.85	12.05	12.16	11.78	0.147 times
30 Fri Aug 2024	11.85	12.07	12.26	11.75	0.883 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
20 Fri Sep 2024	12.03	11.80	12.50	11.36	0.475 times
30 Fri Aug 2024	11.85	11.99	12.26	10.82	0.662 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

Scroll below to view daily charts

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)

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Richardson Electronics ( (RELL) ) based on a mid to longer 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.

ADX buy sell signal for Richardson Electronics stock for short term is BUY. Signal strength is Weak and stock is losing 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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Richardson Electronics in short term but SELL signal is weak.

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 11.78 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.