(RCON) Recon Technology complete technical analysis [charts+indicators] | Buy/Sell Recon Technology | (RCON) share price targets
Complete technical analysis of Recon Technology (RCON) by charts plus indicators, forecast predictions and share price targets for Recon Technology (RCON)
Recon Technology trades in USA in Energy sector.
Showing technical analysis as on 2024-05-29 View latest technical analysis
10 day averaged volume of Recon Technology is 37471
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 1.46 | 1.48 | 1.54 | 1.45 | 0.392 times |
| 28 Tue May 2024 | 1.50 | 1.65 | 1.65 | 1.45 | 1.422 times |
| 23 Thu May 2024 | 1.62 | 1.63 | 1.78 | 1.56 | 1.414 times |
| 22 Wed May 2024 | 1.63 | 1.67 | 1.67 | 1.62 | 0.379 times |
| 21 Tue May 2024 | 1.69 | 1.70 | 1.71 | 1.63 | 0.435 times |
| 20 Mon May 2024 | 1.66 | 1.67 | 1.68 | 1.61 | 0.414 times |
| 17 Fri May 2024 | 1.69 | 1.74 | 1.75 | 1.68 | 1.013 times |
| 16 Thu May 2024 | 1.73 | 1.69 | 1.78 | 1.69 | 0.755 times |
| 15 Wed May 2024 | 1.70 | 1.77 | 1.79 | 1.68 | 0.716 times |
| 14 Tue May 2024 | 1.77 | 1.78 | 1.80 | 1.75 | 0.737 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1.3 as stoploss in an intra day buy trade for a target of 1.63. However, stock will show a bearish move below 1.3.
Share price targets for Recon Technology (RCON)
| Target Type | Value |
| Downside Target | 0.07 |
| Downside Target | 0.08 |
| Downside Target | 0.13 |
| Downside Target | 0.14 |
| Downside Target | 0.16 |
| Downside Target | 0.17 |
| Downside Target | 0.19 |
| Downside Target | 0.24 |
| Downside Target | 1.38 |
| Downside Target | 1.45 |
| Upside Target | 1.56 |
| Upside Target | 1.65 |
| Upside Target | 1.72 |
| Upside Target | 1.78 |
| Upside Target | 1.87 |
| Upside Target | 1.99 |
| Upside Target | 2.12 |
Intraday share price targets for Recon Technology (RCON)
| Target Type | Value |
| Downside Intraday Target | 1.39 |
| Downside Intraday Target | 1.32 |
| Upside Intraday Target | 1.59 |
| Upside Intraday Target | 1.72 |
| Upside Intraday Target | 1.52 |
Weekly technical analysis of Recon Technology (RCON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 1.46 | 1.65 | 1.65 | 1.45 | 0.687 times |
| 23 Thu May 2024 | 1.62 | 1.67 | 1.78 | 1.56 | 0.445 times |
| 17 Fri May 2024 | 1.69 | 1.76 | 1.87 | 1.68 | 0.359 times |
| 10 Fri May 2024 | 1.76 | 1.72 | 2.12 | 1.72 | 0.115 times |
| 03 Fri May 2024 | 1.72 | 0.09 | 1.99 | 0.08 | 0.325 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Recon Technology (RCON)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Wed May 2024 | 1.46 | 1.69 | 2.12 | 1.38 | 0.034 times |
| 30 Tue Apr 2024 | 0.09 | 0.15 | 0.19 | 0.07 | 16.452 times |
| 28 Thu Mar 2024 | 0.15 | 0.17 | 0.17 | 0.13 | 0.517 times |
| 29 Thu Feb 2024 | 0.17 | 0.18 | 0.19 | 0.14 | 1.872 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Recon Technology (RCON)
Price action analysis of Recon Technology ( (RCON) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Recon Technology ( (RCON) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Recon Technology ( (RCON) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Recon Technology ( (RCON) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Recon Technology stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Recon Technology in short term but the sell signal is initial and weak.
Recon Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Recon Technology in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Recon Technology is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.64 and Recon Technology (RCON) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Recon Technology (RCON) stock. Volume based technical analysis of Recon Technology (RCON) stock is negative.
Recon Technology Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Recon Technology ( (RCON) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Recon Technology ( (RCON) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Recon Technology ( (RCON) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Recon Technology ( (RCON) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Recon Technology stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Recon Technology in short term but the sell signal is initial and weak.
Recon Technology Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Recon Technology in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Recon Technology is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.64 and Recon Technology (RCON) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Recon Technology (RCON) stock. Volume based technical analysis of Recon Technology (RCON) stock is negative.
Recon Technology Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.