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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 2024-11-04 View latest technical analysis

10 day averaged volume of Recon Technology is 22580

Date Daily Closing Price Open High Low Volume
04 Mon Nov 2024 2.62 2.57 2.89 2.47 1.187 times
01 Fri Nov 2024 2.45 2.38 2.57 2.17 1.745 times
31 Thu Oct 2024 2.27 2.27 2.28 2.11 0.438 times
30 Wed Oct 2024 2.22 2.39 2.39 2.16 0.81 times
29 Tue Oct 2024 2.44 2.96 2.96 2.10 3.924 times
28 Mon Oct 2024 2.94 3.40 3.40 2.86 1.324 times
25 Fri Oct 2024 3.47 3.43 3.52 3.31 0.943 times
24 Thu Oct 2024 3.36 3.30 3.36 3.29 0.23 times
23 Wed Oct 2024 3.35 3.28 3.35 3.25 0.204 times
22 Tue Oct 2024 3.38 3.45 3.45 3.28 0.288 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.7, but if it comes above 2.7, then a intra day buy could be more profitable.
If you take a sell trade below 2.7, then use 2.7 as stoploss and 2.2 as target. However if you take a buy trade in stock , then use 2.7 as stoploss and 3.09 as target.

Share price targets for Recon Technology (RCON)

Target Type Value
Downside Target 1.35
Downside Target 1.47
Downside Target 1.80
Downside Target 1.84
Downside Target 2.10
Downside Target 2.17
Downside Target 2.47
Upside Target 2.79
Upside Target 2.89
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 2.43
Downside Intraday Target 2.24
Upside Intraday Target 2.85
Upside Intraday Target 3.08
Upside Intraday Target 2.66

Weekly technical analysis of Recon Technology (RCON)

Date Weekly Closing Price Open High Low Volume
04 Mon Nov 2024 2.62 2.57 2.89 2.47 0.144 times
01 Fri Nov 2024 2.45 3.40 3.40 2.10 4.688 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

Price has moved up 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
04 Mon Nov 2024 2.62 2.38 2.89 2.17 0.152 times
31 Thu Oct 2024 2.27 2.85 3.70 2.10 0.685 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

Scroll below to view daily charts

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)

Price action analysis of Recon Technology ( (RCON) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Recon Technology in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 2.65 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Recon Technology in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 2.65 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

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Daily chart
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