RECON TECHNOLOGY LTD-CLASS A (RCON)

KYG7415M1327 - Common Stock

2.1393  -0.08 (-3.64%)

Technical Rating and Analysis

1

Overall RCON gets a technical rating of 1 out of 10. RCON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

83% of all other stocks performed better in the past year than RCON.
RCON is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RCON has a been trading in the 2.10 - 3.70 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: RCON has an average volume of 26722 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
RCON is an average performer in the Energy Equipment & Services industry, it outperforms 50% of 60 stocks in the same industry.
Weekly and Daily overview Charts
RCON Weekly chart
RCON Daily chart
Setup Rating and Analysis

2

The technical rating of RCON is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

2.12

2.25

We found 1 important resistance area.

  • A resistance zone ranging from 2.21 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.37
Mansfield-3.12
10 Day High3.52
10 Day Low2.1
20 Day High3.7
20 Day Low2.1
52 Week High5.49
52 Week Low1.26
Performance
1 Week-33.73%
2 Weeks-34.47%
1 Month-28.39%
3 Month27.59%
6 Month29.07%
12 Month-48.61%
2 Year-88.47%
3 Year-94.59%
5 Year-96.39%
10 Year-99.48%
15 Year-99.58%
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)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)29.34
LBB2.44
UBB3.97
RCON Daily chart

RECON TECHNOLOGY LTD-CLASS A

NASDAQ:RCON (10/31/2024, 12:00:00 PM)

2.1393

-0.08 (-3.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-3.64%
1 Week-33.73%
2 Weeks-34.47%
1 Month-28.39%
3 Month27.59%
6 Month29.07%
12 Month-48.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%14.5%
ATR Inc
Range Today0.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.52
10 Day Low2.1
20 Day High3.7
20 Day Low2.1
52 Week High5.49
52 Week Low1.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.06K
Volume Incr110.98%
Vol(5)32.66K
Vol(50)26.72K