RECON TECHNOLOGY LTD-CLASS A (RCON) Technical Analysis
NASDAQ:RCON • KYG7415M1327
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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, RCON is a bad performer in the overall market: 80% of all stocks are doing better.
- RCON is one of the lesser performing stocks in the Energy Equipment & Services industry. 91% of 60 stocks in the same industry do better.
- RCON is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RCON is lagging the market.
- In the last month RCON has a been trading in the 1.18 - 1.81 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Although the technical rating is bad, RCON does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.18
We found 1 important support area.
- Support @1.19 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.35 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.40 from a horizontal line in the weekly time frame.
- Resistance @1.57 from a trend line in the daily time frame.
- Resistance @1.66 from a trend line in the daily time frame.
- Resistance @2.29 from a trend 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 | 20.72 | NEGATIVE | RCON has a low relative strength, it was outperformed by 79.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RCON is below 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) | 46.42 | NEUTRAL | The RSI value for RCON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RCON has a negative trend. |
| Stochastics (14,3) | 10.05 | OVERSOLD | The low Stochastics value suggests RCON may be oversold. |
| Average True Range in percent/ATR (20) | 13.09 | HIGH VOLATILITY | The high ATR as a percentage value for RCON suggests high volalility. |
| Average Directional Index/ADX (14) | 31.54 | POSITIVE | The high ADX value value for RCON suggests a strong trend. |
RCON Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:RCON (3/13/2026, 10:10:02 AM)
1.22
-0.02 (-1.61%)
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.
Can you provide the trend direction for RECON TECHNOLOGY LTD-CLASS A?
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 46.4226. This indicates that the stock is currently neutral.
What is the short term momentum for RECON TECHNOLOGY LTD-CLASS A (RCON) stock?
The short term momentum for RECON TECHNOLOGY LTD-CLASS A (RCON) is neutral.
Can you provide the support and resistance levels for RECON TECHNOLOGY LTD-CLASS A?
RECON TECHNOLOGY LTD-CLASS A (RCON) has a support level at 1.19 and a resistance level at 1.35. Check the full technical report for our detailed analysis of RCON support and resistance levels.