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Stock Trend Analysis Report

Prepared for you on Thursday, January 16, 2025.

Recon Technology, Ltd. - Class A Ordinary Shares (NASDAQ:RCON)

Countertrend Up (+85) - RCON is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid RCON?

MarketClub looks at technical strength and momentum to determine if the timing is right for RCON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RCON
Open High Low RCON Price Change
2.1500 2.2434 2.1501 2.2431 +0.0526
Entry Signal

MarketClub’s Trade Triangles for RCON

long term up The long-term trend has been UP since Aug 6th, 2024 at 2.118

intermediate term up The intermediate-term trend has been UP since Jan 6th, 2025 at 2.305

short term down The short-term trend has been DOWN since Jan 15th, 2025 at 2.220

Smart Scan Analysis for RCON

Based on our trend formula, RCON is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for RCON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1500 2.2434 2.1501 2.2431 +0.0526
Prev. Close Volume Bid Ask Time
2.1905 2772 2025-01-16 15:57:27
Year High5.36Year High Date2018-01-16
Year Low0.95Year Low Date2018-11-28
52wk High4.233652wk High Date2024-01-22
52wk Low1.2652wk Low Date2024-04-24
Year End Close1.4Average Volume7,879
Shares Outstanding1,493Short Interest49,093
% Institutional0.4Market Cap14M
Assets552,389,514MLiabilities49,834,977M
Beta2.22Volatility59.18
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