(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 2024-06-05 View latest technical analysis
10 day averaged volume of Recon Technology is 19873
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 1.46 | 1.45 | 1.49 | 1.45 | 3.764 times |
| 04 Tue Jun 2024 | 1.46 | 1.42 | 1.51 | 1.41 | 0.594 times |
| 03 Mon Jun 2024 | 1.41 | 1.46 | 1.51 | 1.40 | 0.599 times |
| 31 Fri May 2024 | 1.50 | 1.49 | 1.53 | 1.49 | 0.171 times |
| 30 Thu May 2024 | 1.49 | 1.46 | 1.50 | 1.46 | 0.231 times |
| 29 Wed May 2024 | 1.46 | 1.48 | 1.54 | 1.45 | 0.74 times |
| 28 Tue May 2024 | 1.50 | 1.65 | 1.65 | 1.45 | 2.682 times |
| 23 Thu May 2024 | 1.62 | 1.63 | 1.78 | 1.56 | 2.667 times |
| 22 Wed May 2024 | 1.63 | 1.67 | 1.67 | 1.62 | 0.715 times |
| 21 Tue May 2024 | 1.69 | 1.70 | 1.71 | 1.63 | 0.82 times |
Stock of Recon Technology (RCON) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.5, but if it comes above 1.5, then a intra day buy could be more profitable.
If you take a sell trade below 1.5, then use 1.5 as stoploss and 1.3 as target. However if you take a buy trade in stock , then use 1.5 as stoploss and 1.64 as target.
Share price targets for Recon Technology (RCON)
| Target Type | Value |
| Downside Target | 0.07 |
| Downside Target | 0.13 |
| Downside Target | 0.14 |
| Downside Target | 0.17 |
| Downside Target | 0.19 |
| Downside Target | 1.38 |
| Downside Target | 1.45 |
| Upside Target | 1.51 |
| Upside Target | 1.56 |
| Upside Target | 1.65 |
| Upside Target | 1.72 |
| Upside Target | 1.78 |
| Upside Target | 1.87 |
| Upside Target | 2.12 |
Intraday share price targets for Recon Technology (RCON)
| Target Type | Value |
| Downside Intraday Target | 1.4 |
| Downside Intraday Target | 1.35 |
| Upside Intraday Target | 1.51 |
| Upside Intraday Target | 1.57 |
| Downside Intraday Target | 1.46 |
Weekly technical analysis of Recon Technology (RCON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 1.46 | 1.46 | 1.51 | 1.40 | 1.296 times |
| 31 Fri May 2024 | 1.50 | 1.65 | 1.65 | 1.45 | 0.767 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 |
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 |
| 05 Wed Jun 2024 | 1.46 | 1.46 | 1.51 | 1.40 | 0.054 times |
| 31 Fri May 2024 | 1.50 | 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Recon Technology in short term but BUY signal is weak.
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 1.52 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Recon Technology in short term but BUY signal is weak.
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 1.52 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.