We assign a technical rating of 1 out of 10 to RCON. RCON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, RCON does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for RCON in the last couple of days, which is a good sign.
1.24
When analyzing the resistance we notice 5 important areas.
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 | 7.31 | NEGATIVE | RCON has a low relative strength, it was outperformed by 92.69% 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) | 40.35 | NEUTRAL | The RSI value for RCON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RCON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for RCON is a neutral value. |
| Average True Range in percent/ATR (20) | 9.15 | HIGH VOLATILITY | The high ATR as a percentage value for RCON suggests high volalility. |
| Average Directional Index/ADX (14) | 16.34 | NEGATIVE | The low ADX value for RCON suggests a weak or negative trend. |
NASDAQ:RCON (12/22/2025, 8:11:11 PM)
1.25
-0.11 (-8.09%)
ChartMill assigns a technical rating of 1 / 10 to RCON.
The current trend direction for RECON TECHNOLOGY LTD-CLASS A (RCON) is Bearish.
RECON TECHNOLOGY LTD-CLASS A (RCON) has an RSI value of 40.3536. This indicates that the stock is currently neutral.
The short term momentum for RECON TECHNOLOGY LTD-CLASS A (RCON) is neutral.