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Stock Trend Analysis Report

Prepared for you on Friday, June 2, 2023.

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

Bull Market Weakness (+75) - RCON is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RCON as it may be in the beginning stages of a reversal.

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
0.4090 0.4100 0.4001 0.4037 +0.0037
Entry Signal

MarketClub’s Trade Triangles for RCON

long term down The long-term trend has been DOWN since Mar 15th, 2023 at 0.850

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2023 at 0.380

short term up The short-term trend has been UP since May 25th, 2023 at 0.409

Smart Scan Analysis for RCON

Based on our trend formula, RCON is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for RCON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4090 0.4100 0.4001 0.4037 +0.0037
Prev. Close Volume Bid Ask Time
0.4000 33510 2023-06-02 15:59:53
Year High5.36Year High Date2018-01-16
Year Low0.95Year Low Date2018-11-28
52wk High2.1352wk High Date2023-03-01
52wk Low0.282752wk Low Date2023-03-20
Year End Close1.4Average Volume102,351
Shares Outstanding26,868Short Interest49,093
% Institutional0.4Market Cap14M
Assets490,242,084MLiabilities69,610,355M
Beta2.22Volatility59.18
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