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(RCON) Recon Technology complete technical analysis [charts+indicators] | Buy/Sell Recon Technology | (RCON) share price targets

Complete technical analysis of Recon Technology (RCON) by charts plus indicators, forecast predictions and share price targets for Recon Technology (RCON)

Recon Technology trades in USA in Energy sector.

10 day averaged volume of Recon Technology is 1927100

Date Daily Closing Price Open High Low Volume
26 Fri Feb 2021 2.18 2.22 2.26 2.08 0.173 times
25 Thu Feb 2021 2.23 2.42 2.55 2.22 0.249 times
24 Wed Feb 2021 2.43 2.27 2.67 2.27 0.441 times
23 Tue Feb 2021 2.28 2.35 2.52 2.07 0.452 times
22 Mon Feb 2021 2.72 2.79 3.00 2.72 0.738 times
19 Fri Feb 2021 2.81 2.95 3.05 2.80 0.836 times
18 Thu Feb 2021 2.91 3.20 3.33 2.90 1.503 times
17 Wed Feb 2021 3.50 2.88 3.56 2.70 3.868 times
16 Tue Feb 2021 2.85 2.78 2.94 2.66 0.831 times
12 Fri Feb 2021 2.72 2.60 2.84 2.51 0.632 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.2, but if it comes above 2.2, then a intra day buy could be more profitable.
If you take a sell trade below 2.2, then use 2.2 as stoploss and 1.8 as target. However if you take a buy trade in stock , then use 2.2 as stoploss and 2.54 as target.

Share price targets for Recon Technology (RCON)

Target Type Value
Downside Target 0.81
Downside Target 1.00
Downside Target 1.17
Downside Target 1.43
Downside Target 1.68
Downside Target 1.95
Downside Target 2.07
Upside Target 2.30
Upside Target 2.50
Upside Target 2.66
Upside Target 2.89
Upside Target 3.00
Upside Target 3.56
Upside Target 3.60

Intraday share price targets for Recon Technology (RCON)

Target Type Value
Downside Intraday Target 1.83
Downside Intraday Target 1.49
Upside Intraday Target 2.76
Upside Intraday Target 3.35
Upside Intraday Target 2.42

Weekly technical analysis of Recon Technology (RCON)

Date Weekly Closing Price Open High Low Volume
26 Fri Feb 2021 2.18 2.79 3.00 2.07 0.292 times
19 Fri Feb 2021 2.81 2.78 3.56 2.66 0.757 times
12 Fri Feb 2021 2.72 2.50 3.05 2.30 5.26 times
05 Fri Feb 2021 2.40 2.14 2.50 2.07 0.125 times
29 Fri Jan 2021 2.07 3.04 3.60 1.95 2.487 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Recon Technology (RCON)

Date Monthly Closing Price Open High Low Volume
26 Fri Feb 2021 2.18 2.14 3.56 2.07 0.81 times
29 Fri Jan 2021 2.07 1.50 3.60 1.43 1.027 times
31 Thu Dec 2020 1.47 1.27 2.89 1.17 8.288 times
30 Mon Nov 2020 1.30 1.07 1.43 1.00 0.201 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Recon Technology (RCON)

Indicator Name Indicator Value Indicator Signal
ADX 26, 26, 0 Sell
MACD 0, 0Sell
Stochastics 14Sell
CCI -116Sell
RSI 51Buy
OBV 24972200Sell
VWAP 3Sell
ADL 0Sell
ROC -16Sell
Force Index 0Sell

Price action analysis of Recon Technology ( (RCON) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Recon Technology ( (RCON) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Recon Technology ( (RCON) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Recon Technology ( (RCON) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Recon Technology stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Recon Technology in short term but the sell signal is initial and weak.

Recon Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Recon Technology in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Recon Technology is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.02 and Recon Technology (RCON) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Recon Technology (RCON) stock. Volume based technical analysis of Recon Technology (RCON) stock is negative.

Recon Technology Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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