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Stock Trend Analysis Report

Prepared for you on Friday, June 2, 2023.

Richardson Electronics, Ltd. (NASDAQ:RELL)

Bear Market Rally (-75) - RELL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RELL as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid RELL?

MarketClub looks at technical strength and momentum to determine if the timing is right for RELL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low RELL Price Change
16.570 16.750 16.340 16.365 -0.225
Entry Signal

MarketClub’s Trade Triangles for RELL

long term down The long-term trend has been DOWN since Apr 6th, 2023 at 17.91

intermediate term up The intermediate-term trend has been UP since May 15th, 2023 at 16.67

short term down The short-term trend has been DOWN since May 24th, 2023 at 17.52

Smart Scan Analysis for RELL

Based on our trend formula, RELL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for RELL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.570 16.750 16.340 16.365 -0.225
Prev. Close Volume Bid Ask Time
16.390 85122 2023-06-01 15:59:25
Year High10.4Year High Date2018-07-26
Year Low6.56Year Low Date2018-01-08
52wk High27.2452wk High Date2022-11-28
52wk Low13.3952wk Low Date2022-06-13
Year End Close11.32Average Volume145,479
Shares Outstanding14,138Short Interest237,938
% Institutional69.1Market Cap80M
P/E Ratio8.8245Beta0.9
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