RICHARDSON ELEC LTD (RELL) Stock Technical Analysis
USA - NASDAQ:RELL - US7631651079 - Common Stock
10.41 USD
+0.09 (+0.87%)
10.4 USD
-0.01 (-0.1%)
Overall RELL gets a technical rating of 4 out of 10. RELL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, RELL is a bad performer in the overall market: 78% of all stocks are doing better.
RELL is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 69% are performing better than RELL.
In the last month RELL has a been trading in the 9.96 - 12.49 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
RELL is currently trading in the middle 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 slightly.
Although the technical rating is only medium, RELL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 9.88, a Stop Loss order could be placed below this zone.
More info and screens
8.32
11.76
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.82 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.94 to 10.97. 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 @11.64 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 | NEUTRAL | NEUTRAL | The long term trend for RELL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RELL is neutral. |
| ChartMill Relative Strength | 22.02 | NEGATIVE | RELL has a low relative strength, it was outperformed by 77.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RELL is below a declining 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 | NEGATIVE | The current price of RELL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.36 | NEUTRAL | The RSI value for RELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests RELL has a negative trend. |
| Stochastics (14,3) | 22.98 | NEUTRAL | The Stochastics value for RELL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for RELL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for RELL suggests a weak or negative 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)
10.41
+0.09 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.87%
1 Week-3.43%
2 Weeks-2.98%
1 Month-7.47%
3 Month8.55%
6 Month17.1%
12 Month-28.94%
2 Year-20.05%
3 Year-59.08%
5 Year128.29%
10 Year84.9%
15 Year-2.8%
Volatility
ATR(14)0.46
ATR(20)%5.27%
ATR Inc48.94%
Range Today0.72
ADR(20)0.53
ADR(20)%5.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.02
3 months CRS76.03
6 months CRS71.04
Mansfield-1.52
10 Day High11.23
10 Day Low9.96
20 Day High12.49
20 Day Low9.96
52 Week High15.51
52 Week Low7.57
CS1 End9.88
CR1 Start10.94
Volume & EV
DER(3)-0.02%
DER(5)0.7%
Volume90.90K
Volume Incr-58.89%
Vol(5)68.12K
Vol(50)87.38K
RICHARDSON ELEC LTD / RELL FAQ
Can you provide the ChartMill technical rating for RICHARDSON ELEC LTD?
ChartMill assigns a technical rating of 4 / 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 Bearish.
What is the RSI signal for RELL stock?
RICHARDSON ELEC LTD (RELL) has an RSI value of 45.3611. 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.