Taking everything into account, RCON scores 1 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.
Although the technical rating is bad, RCON does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RCON in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.27
We found 1 important support area.
- A support zone ranging from 1.28 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @1.41 from a horizontal line in the daily time frame.
- Resistance @2.50 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 | NEUTRAL | NEUTRAL | The short term trend for RCON is neutral. |
| ChartMill Relative Strength | 8.07 | NEGATIVE | RCON has a low relative strength, it was outperformed by 91.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RCON is above the rising 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) | 49.28 | NEUTRAL | The RSI value for RCON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RCON has a positive trend. |
| Stochastics (14,3) | 64.06 | NEUTRAL | The Stochastics value for RCON is a neutral value. |
| Average True Range in percent/ATR (20) | 8.27 | HIGH VOLATILITY | The high ATR as a percentage value for RCON suggests high volalility. |
| Average Directional Index/ADX (14) | 16.83 | NEGATIVE | The low ADX value for RCON suggests a weak or negative trend. |
NASDAQ:RCON (12/12/2025, 8:00:01 PM)
1.37
+0.07 (+5.38%)
RECON TECHNOLOGY LTD-CLASS A / RCON FAQ
What is the technical rating for RCON stock?
ChartMill assigns a technical rating of 1 / 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 49.2793. This indicates that the stock is currently neutral.
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 neutral.