BIT:REC - Euronext Milan - IT0003828271 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to REC. REC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, REC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 49.47. Right above this resistance zone may be a good entry point.
46.16
We found 1 important support area.
When analyzing the resistance we notice 3 important areas.
BIT:REC (4/25/2025, 7:00:00 PM)
49.46
+0.24 (+0.49%)