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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Sidelines Mode (-55) - RCON is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.1390 0.1550 0.1390 0.1480 +0.0089
Entry Signal

MarketClub’s Trade Triangles for RCON

long term down The long-term trend has been DOWN since Mar 15th, 2023 at 0.85

intermediate term down The intermediate-term trend has been DOWN since Dec 15th, 2023 at 0.26

short term up The short-term trend has been UP since Mar 28th, 2024 at 0.14

Smart Scan Analysis for RCON

Based on our trend formula, RCON is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RCON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1390 0.1550 0.1390 0.1480 +0.0089
Prev. Close Volume Bid Ask Time
0.1480 382254 2024-03-28 15:58:54
Year High5.36Year High Date2018-01-16
Year Low0.95Year Low Date2018-11-28
52wk High0.4752wk High Date2023-04-18
52wk Low0.12552wk Low Date2024-03-14
Year End Close1.4Average Volume150,544
Shares Outstanding26,868Short Interest49,093
% Institutional0.4Market Cap14M
Assets490,242,084MLiabilities69,610,355M
Beta2.22Volatility59.18
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