RICHARDSON ELEC LTD (RELL) Technical Analysis
NASDAQ:RELL • US7631651079
Current stock price
RELL Technical Rating and Analysis
Overall RELL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RELL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that RELL is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by RELL over the past year are nicely spread over this period.
- RELL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RELL is lagging the market slightly.
- In the last month RELL has a been trading in the 10.96 - 14.80 range, which is quite wide. It is currently trading near the high of this range.
- RELL is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 61% of 124 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
RELL Weekly and Daily overview Charts
RELL Setup Rating and Analysis
Although RELL has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
RELL Support and Resistance Analysis
9.40
7 important support areas can be observed.
- A support zone ranging from 14.40 to 14.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.54 to 13.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.35 from a trend line in the weekly time frame.
- Support @11.07 from a trend line in the daily time frame.
- A support zone ranging from 10.83 to 10.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.60 from a horizontal line in the daily time frame.
- Support @9.49 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.49 to 14.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
RELL Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for RELL is up. |
| ChartMill Relative Strength | 87.49 | POSITIVE | RELL has a high relative strength, it outperformed 87.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RELL is above 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) | UP | POSITIVE | The current price of RELL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.53 | NEUTRAL | The RSI value for RELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RELL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.36 | NEUTRAL | The Stochastics value for RELL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for RELL suggests high volalility. |
| Average Directional Index/ADX (14) | 32.12 | POSITIVE | The high ADX value value for RELL suggests a strong trend. |
RELL Chart- and CandleStick Pattern Analysis
RELL Technicals: Chart, Performance Metrics, Trend & Indicators
14.48
+0.08 (+0.56%)
RICHARDSON ELEC LTD / RELL TA FAQ
Can you provide the ChartMill technical rating for RICHARDSON ELEC LTD?
ChartMill assigns a technical rating of 10 / 10 to RELL.
What is the trend direction for RELL stock?
The current trend direction for RICHARDSON ELEC LTD (RELL) is Bullish.
What is the RSI signal for RICHARDSON ELEC LTD (RELL) stock?
RICHARDSON ELEC LTD (RELL) has an RSI value of 62.5331. This indicates that the stock is currently neutral.
What is the MACD signal for RICHARDSON ELEC LTD (RELL) stock?
The MACD indicator for RICHARDSON ELEC LTD (RELL) has a value of 0.0328697, indicating a bearish trend.
What is the buy/sell signal for RELL stock?
The buy/sell signal for RICHARDSON ELEC LTD (RELL) is buy as both the short term and long term trends are positive.