RECON TECHNOLOGY LTD-CLASS A (RCON) Stock Technical Analysis
USA - NASDAQ:RCON - KYG7415M1327 - Common Stock
Taking everything into account, RCON scores 0 out of 10 in our technical rating. RCON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of RCON is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.34
When analyzing the resistance we notice 5 important areas.
- Resistance @1.42 from a horizontal line in the daily time frame.
- Resistance @1.57 from a trend line in the daily time frame.
- A resistance zone ranging from 1.62 to 1.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.57 from a trend line in the weekly time frame.
- Resistance @2.87 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RCON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RCON is down. |
| ChartMill Relative Strength | 6.08 | NEGATIVE | RCON has a low relative strength, it was outperformed by 93.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RCON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RCON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RCON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.74 | OVERSOLD | The low RSI value suggests RCON may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RCON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.62 | OVERSOLD | The low Stochastics value suggests RCON may be oversold. |
| Average True Range in percent/ATR (20) | 8.89 | HIGH VOLATILITY | The high ATR as a percentage value for RCON suggests high volalility. |
| Average Directional Index/ADX (14) | 21.64 | NEUTRAL | The ADX value for RCON suggests a possible start of a new trend. |
NASDAQ:RCON (11/13/2025, 8:00:02 PM)
1.35
-0.07 (-4.93%)
RECON TECHNOLOGY LTD-CLASS A / RCON FAQ
What is the technical rating for RCON stock?
ChartMill assigns a technical rating of 0 / 10 to RCON.
What is the current trend direction of RECON TECHNOLOGY LTD-CLASS A (RCON) stock?
The current trend direction for RECON TECHNOLOGY LTD-CLASS A (RCON) is Bearish.
What is the RSI signal for RECON TECHNOLOGY LTD-CLASS A (RCON) stock?
RECON TECHNOLOGY LTD-CLASS A (RCON) has an RSI value of 29.7365. This indicates that the stock is currently oversold.
Can you provide the short term momentum for RECON TECHNOLOGY LTD-CLASS A?
The short term momentum for RECON TECHNOLOGY LTD-CLASS A (RCON) is negative.
What is the buy/sell signal for RECON TECHNOLOGY LTD-CLASS A (RCON) stock?
The buy/sell signal for RECON TECHNOLOGY LTD-CLASS A (RCON) is sell as both the short term and long term trends are negative.