Mobile app version of munafa.biz
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-30 View latest technical analysis

10 day averaged volume of Recon Technology is 18880

Date Daily Closing Price Open High Low Volume
30 Wed Oct 2024 2.22 2.39 2.39 2.16 0.969 times
29 Tue Oct 2024 2.44 2.96 2.96 2.10 4.693 times
28 Mon Oct 2024 2.94 3.40 3.40 2.86 1.584 times
25 Fri Oct 2024 3.47 3.43 3.52 3.31 1.128 times
24 Thu Oct 2024 3.36 3.30 3.36 3.29 0.275 times
23 Wed Oct 2024 3.35 3.28 3.35 3.25 0.244 times
22 Tue Oct 2024 3.38 3.45 3.45 3.28 0.344 times
21 Mon Oct 2024 3.36 3.46 3.49 3.30 0.111 times
18 Fri Oct 2024 3.47 3.47 3.50 3.24 0.556 times
17 Thu Oct 2024 3.47 3.35 3.47 3.19 0.132 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2.5, for a target of 2.9 or 3.18

Share price targets for Recon Technology (RCON)

Target Type Value
Downside Target 1.32
Downside Target 1.35
Downside Target 1.47
Downside Target 1.70
Downside Target 1.80
Downside Target 1.84
Downside Target 2.10
Upside Target 2.74
Upside Target 3.15
Upside Target 3.25
Upside Target 3.40
Upside Target 3.46
Upside Target 3.52
Upside Target 3.70

Intraday share price targets for Recon Technology (RCON)

Target Type Value
Downside Intraday Target 1.75
Downside Intraday Target 1.27
Upside Intraday Target 3.05
Upside Intraday Target 3.87
Upside Intraday Target 2.57

Weekly technical analysis of Recon Technology (RCON)

Date Weekly Closing Price Open High Low Volume
30 Wed Oct 2024 2.22 3.40 3.40 2.10 3.446 times
25 Fri Oct 2024 3.47 3.46 3.52 3.25 0.528 times
18 Fri Oct 2024 3.47 3.15 3.70 3.15 0.983 times
11 Fri Oct 2024 3.20 2.94 3.31 2.79 0.681 times
04 Fri Oct 2024 3.08 2.81 3.25 2.74 0.915 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Recon Technology (RCON)

Date Monthly Closing Price Open High Low Volume
30 Wed Oct 2024 2.22 2.85 3.70 2.10 0.669 times
30 Mon Sep 2024 2.84 3.08 3.46 1.80 0.367 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Recon Technology ( (RCON) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.77 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 negative.

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Recon Technology ( (RCON) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.77 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 negative.

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

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme