RECONNAISSANCE ENERGY - 30 (RECO-WT-B.CA) Technical Analysis
TSX-V:RECO-WT-B
Current stock price
RECO-WT-B.CA Technical Rating and Analysis
Taking everything into account, RECO-WT-B scores 6 out of 10 in our technical rating. RECO-WT-B has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, RECO-WT-B is a bad performer in the overall market: 100% of all stocks are doing better.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month RECO-WT-B has a been trading in the 0.28 - 0.59 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RECO-WT-B.CA Weekly and Daily overview Charts
RECO-WT-B.CA Setup Rating and Analysis
RECO-WT-B has an average technical rating and it also does not offer a high 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
RECO-WT-B.CA Support and Resistance Analysis
0.33
When analyzing the support we can see 2 important areas.
- Support @0.36 from a trend line in the daily time frame.
- Support @0.33 from a horizontal line in the daily time frame.
RECO-WT-B.CA Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for RECO-WT-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RECO-WT-B.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | RECO-WT-B.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RECO-WT-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RECO-WT-B.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 68.23 | NEUTRAL | The RSI value for RECO-WT-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RECO-WT-B.CA has a positive trend. |
| Stochastics (14,3) | 94.44 | OVERBOUGHT | The high Stochastics value suggests RECO-WT-B.CA may be overbought. |
| Average True Range in percent/ATR (20) | 9.53 | HIGH VOLATILITY | The high ATR as a percentage value for RECO-WT-B.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.54 | NEGATIVE | The low ADX value for RECO-WT-B.CA suggests a weak or negative trend. |
RECO-WT-B.CA Chart- and CandleStick Pattern Analysis
RECO-WT-B.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:RECO-WT-B (4/16/2026, 7:00:00 PM)
0.59
0 (0%)
RECONNAISSANCE ENERGY - 30 / RECO-WT-B.CA TA FAQ
Can you provide the ChartMill technical rating for RECONNAISSANCE ENERGY - 30?
ChartMill assigns a technical rating of 6 / 10 to RECO-WT-B.CA.
What is the trend direction for RECO-WT-B stock?
The current trend direction for RECONNAISSANCE ENERGY - 30 (RECO-WT-B.CA) is Bullish.
What is the RSI signal for RECONNAISSANCE ENERGY - 30 (RECO-WT-B.CA) stock?
RECONNAISSANCE ENERGY - 30 (RECO-WT-B.CA) has an RSI value of 68.2299. This indicates that the stock is currently neutral.
What is the buy/sell signal for RECONNAISSANCE ENERGY - 30 (RECO-WT-B.CA) stock?
The buy/sell signal for RECONNAISSANCE ENERGY - 30 (RECO-WT-B.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for RECONNAISSANCE ENERGY - 30?
RECONNAISSANCE ENERGY - 30 (RECO-WT-B.CA) has a support level at 0.36. Check the full technical report for our detailed analysis of RECO-WT-B.CA support and resistance levels.