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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 2024-06-03 View latest technical analysis

10 day averaged volume of Richardson Electronics is 71457

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	11.18	11.35	11.35	10.88	1.42 times
31 Fri May 2024	11.19	11.48	11.48	11.11	1.002 times
30 Thu May 2024	11.48	11.40	11.54	11.27	0.838 times
29 Wed May 2024	11.28	11.45	11.53	11.27	1.169 times
28 Tue May 2024	11.50	10.87	11.50	10.87	1.87 times
23 Thu May 2024	10.65	10.87	10.87	10.57	0.868 times
22 Wed May 2024	10.84	10.49	10.87	10.46	1.478 times
21 Tue May 2024	10.48	10.32	10.51	10.18	0.516 times
20 Mon May 2024	10.38	10.27	10.40	10.16	0.696 times
17 Fri May 2024	10.19	10.31	10.31	10.11	0.983 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.1, but if it comes below 11.1, then a intra day sell could be more profitable.
If you take a sell trade below 11.1, then use 11.1 as stoploss and 10.76 as target. However if you take a buy trade in stock , then use 11.1 as stoploss and 11.6 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	10.04
Downside Target	10.67
Downside Target	10.88
Downside Target	10.91
Downside Target	10.92
Upside Target	11.35
Upside Target	11.54

Intraday share price targets for Richardson Electronics (RELL)

Target Type	Value
Downside Intraday Target	10.92
Downside Intraday Target	10.67
Upside Intraday Target	11.39
Upside Intraday Target	11.61
Downside Intraday Target	11.14

Weekly technical analysis of Richardson Electronics (RELL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	11.18	11.35	11.35	10.88	0.291 times
31 Fri May 2024	11.19	10.87	11.54	10.87	1.371 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

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
03 Mon Jun 2024	11.18	11.35	11.35	10.88	0.064 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
28 Thu Mar 2024	9.21	8.80	9.25	8.08	0.711 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 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 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 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 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 Weak and stock is losing momentum.

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

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 and the buying is gaining 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 11.01 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.