RECON TECHNOLOGY LTD-CLASS A (RCON)

KYG7415M1327 - Common Stock

1.69  -0.07 (-3.97%)

After market: 1.68 -0.01 (-0.59%)

Technical Rating and Analysis

0

Overall RCON gets a technical rating of 0 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, RCON is a bad performer in the overall market: 98% of all stocks are doing better.
RCON is one of the lesser performing stocks in the Energy Equipment & Services industry. 98% of 65 stocks in the same industry do better.
RCON is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
RCON has an average volume of 1160080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RCON has a been trading in the 1.26 - 2.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RCON Weekly chart
RCON Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, RCON does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for RCON in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

1.67

2.18

3 important resistance areas can be observed.

  • Resistance @1.85 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 2.07 to 2.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 2.15 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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
CRS2.47
Mansfield-6.94
10 Day High2.12
10 Day Low1.68
20 Day High2.51
20 Day Low1.26
52 Week High7.74
52 Week Low1.26
Performance
1 Week-3.98%
2 Weeks-1.74%
1 Month-14.96%
3 Month-46.1%
6 Month-67.62%
12 Month-76.49%
2 Year-88.26%
3 Year-99.22%
5 Year-97.91%
10 Year-99.45%
15 YearN/A
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)0.03
RSI(14)40.29
LBB1.67
UBB1.85
RCON Daily chart

RECON TECHNOLOGY LTD-CLASS A

NASDAQ:RCON (5/17/2024, 7:22:55 PM)

After market: 1.68 -0.01 (-0.59%)

1.69

-0.07 (-3.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-3.97%
1 Week-3.98%
2 Weeks-1.74%
1 Month-14.96%
3 Month-46.1%
6 Month-67.62%
12 Month-76.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%15.18%
ATR Inc
Range Today0.07
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 High2.12
10 Day Low1.68
20 Day High2.51
20 Day Low1.26
52 Week High7.74
52 Week Low1.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume38.20K
Volume Incr-97.4%
Vol(5)44.66K
Vol(50)1.16M