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Stock Trend Analysis Report

Prepared for you on Wednesday, March 29, 2017.

RECKON (ASX:RKN)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

ASX_RKN
Open High Low RKN Price Change
1.685 1.690 1.677 1.690 +0.010
Entry Signal

MarketClub’s Trade Triangles for RKN

long term up The long term trend has been UP since Feb 2nd, 2017 at 1.680

intermediate term down The intermediate term trend has been DOWN since Mar 27th, 2017 at 1.695

short term down The short term trend has been DOWN since Mar 16th, 2017 at 1.770

Smart Scan Analysis for RKN

Based on a pre-defined weighted trend formula for chart analysis, RKN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for RKN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.685 1.690 1.677 1.690 +0.010
Prev. Close Volume Bid Ask Time
1.855 44897 1.675 1.690 2017-03-30 11:26:00
52wk High2.2952wk High Date2014-03-24
52wk Low1.7252wk Low Date2014-12-23
Shares Outstanding112,084,000P/E Ratio12.75
Want to analyze RECKON RKN or another symbol? Try our Free Stock Trend Analysis Report.