RICHARDSON ELEC LTD (RELL) Technical Analysis
NASDAQ:RELL • US7631651079
Current stock price
RELL Technical Rating and Analysis
Overall RELL gets a technical rating of 2 out of 10. RELL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month RELL has a been trading in the 10.48 - 12.44 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, RELL turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
- RELL is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 45% of 124 stocks in the same industry.
- 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.
- Considerably lower volume is observed in the last couple of days.
RELL Weekly and Daily overview Charts
RELL Setup Rating and Analysis
RELL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.06, a Stop Loss order could be placed below this zone.
More info and screens
RELL Support and Resistance Analysis
9.91
We found 2 important support areas.
- A support zone ranging from 10.60 to 11.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.15 to 11.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.64 from a horizontal line in the daily time frame.
- Resistance @13.71 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for RELL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RELL is down. |
| ChartMill Relative Strength | 55.74 | NEUTRAL | RELL is not amongst the best or worst performers 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 | MIXED | The current price of RELL is below 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) | 45.76 | NEUTRAL | The RSI value for RELL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RELL has a positive trend. |
| Stochastics (14,3) | 42.38 | NEUTRAL | The Stochastics value for RELL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.62 | HIGH VOLATILITY | The high ATR as a percentage value for RELL suggests high volalility. |
| Average Directional Index/ADX (14) | 15.02 | NEGATIVE | The low ADX value for RELL suggests a weak or negative trend. |
RELL Chart- and CandleStick Pattern Analysis
RELL Technicals: Chart, Performance Metrics, Trend & Indicators
11.14
+0.01 (+0.09%)
RICHARDSON ELEC LTD / RELL TA FAQ
Can you provide the ChartMill technical rating for RICHARDSON ELEC LTD?
ChartMill assigns a technical rating of 2 / 10 to RELL.
What is the trend direction for RELL stock?
The current trend direction for RICHARDSON ELEC LTD (RELL) is Bearish.
What is the RSI signal for RICHARDSON ELEC LTD (RELL) stock?
RICHARDSON ELEC LTD (RELL) has an RSI value of 45.7564. 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 0.0064643, indicating a bearish trend.