RICHARDSON ELEC LTD (RELL)

US7631651079 - Common Stock

10.31  +0.19 (+1.88%)

After market: 10.31 0 (0%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to RELL. In the past year, RELL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, RELL is a bad performer in the overall market: 83% of all stocks are doing better.
RELL is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry, of which 67% are performing better than RELL.
RELL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RELL is lagging the market.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month RELL has a been trading in the 8.77 - 10.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
RELL Weekly chart
RELL Daily chart
Setup Rating and Analysis

6

RELL has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

8.97

12.69

We found 2 important support areas.

  • A support zone ranging from 9.77 to 10.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 9.06 to 9.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 10.46 to 10.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @10.77 from a horizontal line in the daily time frame.
  • Resistance @12.56 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.42
Mansfield-2.54
10 Day High10.91
10 Day Low9.01
20 Day High10.91
20 Day Low8.77
52 Week High19.58
52 Week Low8.08
Performance
1 Week2.22%
2 Weeks9.88%
1 Month15.66%
3 Month-1.17%
6 Month-9.64%
12 Month-34.41%
2 Year-15.53%
3 Year32.98%
5 Year72.99%
10 Year1%
15 Year181.11%
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)59.56
LBB8.73
UBB10.74
RELL Daily chart

RICHARDSON ELEC LTD

NASDAQ:RELL (4/23/2024, 3:30:02 PM)

After market: 10.31 0 (0%)

10.31

+0.19 (+1.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.88%
1 Week2.22%
2 Weeks9.88%
1 Month15.66%
3 Month-1.17%
6 Month-9.64%
12 Month-34.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.49
ATR(20)%4.12%
ATR Inc
Range Today0.33
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.91
10 Day Low9.01
20 Day High10.91
20 Day Low8.77
52 Week High19.58
52 Week Low8.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume97.95K
Volume Incr-20.35%
Vol(5)120.30K
Vol(50)146.82K