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Stock Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

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
2.61 2.70 2.50 2.68 +0.05
Entry Signal

MarketClub’s Trade Triangles for RCON

long term down The long-term trend has been DOWN since Jul 7th, 2021 at 3.72

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 2.94

short term up The short-term trend has been UP since Oct 14th, 2021 at 2.53

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
2.61 2.70 2.50 2.68 +0.05
Prev. Close Volume Bid Ask Time
2.63 2301833 2021-10-19 15:59:44
Year High5.36Year High Date2018-01-16
Year Low0.95Year Low Date2018-11-28
52wk High17.552wk High Date2021-06-11
52wk Low0.999952wk Low Date2020-11-09
Year End Close1.4Average Volume1,630,349
Shares Outstanding7,203Short Interest49,093
% Institutional0.4Market Cap14M
Assets194,414,804MLiabilities84,385,042M
Beta2.22Volatility59.18
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