Richardson Electronics Technical Analysis (NASDAQ:RELL)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Richardson Electronics stock price data and volume are plotted in RELL stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Richardson Electronics. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Richardson Electronics stock analysis.
Richardson Electronics Moving Average
Moving averages help predict the price direction of RELL stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Richardson Electronics are mostly signals of long term trends and will help long term traders.
Richardson Electronics Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the RELL stock. Currently the stock price of $7.74 is in the lower range of Richardson Electronics bollinger bands.
Richardson Electronics Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Richardson Electronics MACD indicator is below 0 indicating a bearish trend.
Richardson Electronics Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of RELL stock is 37.96.