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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.

Showing technical analysis as on 2024-09-10 View latest technical analysis

10 day averaged volume of Recon Technology is 33617

Date Daily Closing Price Open High Low Volume
10 Tue Sep 2024 2.33 2.57 2.70 1.80 2.871 times
09 Mon Sep 2024 2.68 2.79 2.82 2.59 0.326 times
06 Fri Sep 2024 2.80 2.78 2.94 2.51 0.613 times
05 Thu Sep 2024 2.75 2.62 2.79 2.62 0.178 times
04 Wed Sep 2024 2.74 2.81 3.01 2.69 0.327 times
03 Tue Sep 2024 2.86 3.08 3.19 2.66 1.532 times
30 Fri Aug 2024 3.04 2.77 3.29 2.77 0.937 times
30 Fri Aug 2024 3.04 2.77 3.29 2.77 0.937 times
29 Thu Aug 2024 2.90 2.88 3.07 2.70 1.163 times
28 Wed Aug 2024 2.92 3.11 3.33 2.88 1.815 times

Stock of Recon Technology (RCON) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.3 as stoploss in an intra day buy trade for a target of 2.58. However, stock will show a bearish move below 2.3.

Share price targets for Recon Technology (RCON)

Target Type Value
Downside Target 1.32
Downside Target 1.35
Downside Target 1.38
Downside Target 1.47
Downside Target 1.70
Downside Target 1.80
Downside Target 1.84
Downside Target 2.12
Upside Target 2.40
Upside Target 2.51
Upside Target 2.77
Upside Target 3.19
Upside Target 3.29
Upside Target 3.33

Intraday share price targets for Recon Technology (RCON)

Target Type Value
Downside Intraday Target 1.81
Downside Intraday Target 1.3
Upside Intraday Target 2.83
Upside Intraday Target 3.34
Downside Intraday Target 2.32

Weekly technical analysis of Recon Technology (RCON)

Date Weekly Closing Price Open High Low Volume
10 Tue Sep 2024 2.33 2.79 2.82 1.80 1.206 times
06 Fri Sep 2024 2.80 3.08 3.19 2.51 2.829 times
30 Fri Aug 2024 3.04 2.77 3.29 2.77 0.129 times
30 Fri Aug 2024 3.04 2.40 3.33 2.40 3.267 times
23 Fri Aug 2024 2.31 2.19 2.40 2.12 0.472 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
10 Tue Sep 2024 2.33 3.08 3.19 1.80 0.113 times
30 Fri Aug 2024 3.04 1.80 3.33 1.47 6.823 times
31 Wed Jul 2024 1.79 1.45 1.84 1.35 0.802 times
28 Fri Jun 2024 1.44 1.46 1.70 1.32 0.173 times

Scroll below to view daily charts

Price has moved down 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)

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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2.75 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.

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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2.75 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.

Daily charts

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