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(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 2024-12-17 View latest technical analysis

10 day averaged volume of Recon Technology is 20865

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	2.14	2.11	2.27	2.05	0.438 times
16 Mon Dec 2024	2.18	2.07	2.25	2.06	0.348 times
13 Fri Dec 2024	2.05	2.09	2.19	2.02	0.746 times
12 Thu Dec 2024	2.17	2.20	2.21	2.09	0.29 times
11 Wed Dec 2024	2.30	2.23	2.56	2.04	1.699 times
10 Tue Dec 2024	2.20	2.30	2.30	2.14	0.333 times
09 Mon Dec 2024	2.28	2.33	2.38	2.15	0.549 times
26 Tue Nov 2024	2.35	2.35	2.60	2.27	1.433 times
26 Tue Nov 2024	2.35	2.35	2.60	2.27	1.433 times
25 Mon Nov 2024	2.29	2.12	2.30	2.10	3.019 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 2.1 as stoploss in an intra day buy trade for a target of 2.25. However, stock will show a bearish move below 2.1.

Share price targets for Recon Technology (RCON)

Target Type	Value
Downside Target	1.47
Downside Target	1.80
Downside Target	2.02
Downside Target	2.10
Upside Target	2.27
Upside Target	2.56
Upside Target	2.60
Upside Target	2.89
Upside Target	3.33
Upside Target	3.46
Upside Target	3.70

Intraday share price targets for Recon Technology (RCON)

Target Type	Value
Downside Intraday Target	2.04
Downside Intraday Target	1.93
Upside Intraday Target	2.26
Upside Intraday Target	2.37
Upside Intraday Target	2.15

Weekly technical analysis of Recon Technology (RCON)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	2.14	2.07	2.27	2.05	0.217 times
13 Fri Dec 2024	2.05	2.33	2.56	2.02	2.524 times
26 Tue Nov 2024	2.35	2.35	2.60	2.27	0.322 times
26 Tue Nov 2024	2.35	2.12	2.60	2.10	1.52 times
22 Fri Nov 2024	2.23	2.13	2.27	2.03	1.244 times

Price has moved up 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
17 Tue Dec 2024	2.14	2.33	2.56	2.02	0.273 times
26 Tue Nov 2024	2.35	2.38	2.89	2.02	0.771 times
31 Thu Oct 2024	2.27	2.85	3.70	2.10	0.685 times
30 Mon Sep 2024	2.84	3.08	3.46	1.80	0.367 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Recon Technology ( (RCON) ) based on a mid to longer 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.

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 BUY signal for Recon Technology in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Recon Technology is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.27 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.