RICHARDSON ELEC LTD (RELL) Stock Technical Analysis
USA - NASDAQ:RELL - US7631651079 - Common Stock
10.85 USD
+0.07 (+0.65%)
10.85 USD
0 (0%)
We assign a technical rating of 6 out of 10 to RELL. Although RELL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, RELL is a bad performer in the overall market: 75% of all stocks are doing better.
RELL is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 71% of 124 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
RELL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RELL is lagging the market.
In the last month RELL has a been trading in the 9.44 - 13.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RELL has an average technical rating and the quality of the presented setup is also not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
8.32
11.80
We found 3 important support areas.
- A support zone ranging from 9.78 to 9.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.42 to 9.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.40 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.85 to 11.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.26 from a horizontal line in the weekly time frame.
- Resistance @11.68 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RELL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RELL is neutral. |
| ChartMill Relative Strength | 25.48 | NEGATIVE | RELL has a low relative strength, it was outperformed by 74.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RELL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RELL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RELL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.69 | NEUTRAL | The RSI value for RELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests RELL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.95 | OVERSOLD | The low Stochastics value suggests RELL may be oversold. |
| Average True Range in percent/ATR (20) | 6.47 | HIGH VOLATILITY | The high ATR as a percentage value for RELL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.84 | NEUTRAL | The ADX value for RELL suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
10.85
+0.07 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.65%
1 Week0.28%
2 Weeks-3.98%
1 Month12.79%
3 Month13.14%
6 Month22.05%
12 Month-25.94%
2 Year-16.67%
3 Year-57.35%
5 Year137.94%
10 Year92.72%
15 Year1.31%
Volatility
ATR(14)0.48
ATR(20)%6.47%
ATR Inc-34.68%
Range Today0.39
ADR(20)0.62
ADR(20)%5.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.48
3 months CRS79.36
6 months CRS74.61
Mansfield-1.32
10 Day High11.42
10 Day Low10.57
20 Day High13.58
20 Day Low9.44
52 Week High15.51
52 Week Low7.57
CS1 End9.88
CR1 Start10.85
Volume & EV
DER(3)-0.89%
DER(5)1.7%
Volume60.80K
Volume Incr-59.8%
Vol(5)63.66K
Vol(50)85.13K
RICHARDSON ELEC LTD / RELL FAQ
Can you provide the ChartMill technical rating for RICHARDSON ELEC LTD?
ChartMill assigns a technical rating of 6 / 10 to RELL.
What is the current trend direction of RICHARDSON ELEC LTD (RELL) stock?
The current trend direction for RICHARDSON ELEC LTD (RELL) is Bullish.
What is the RSI signal for RELL stock?
RICHARDSON ELEC LTD (RELL) has an RSI value of 52.6916. This indicates that the stock is currently neutral.
What is the short term momentum for RICHARDSON ELEC LTD (RELL) stock?
The short term momentum for RICHARDSON ELEC LTD (RELL) is neutral.