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Stock Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

RECONNAISSANCE EGY AFRICA (NASDAQ:RECAF)

Long-Term Downtrend (-90) - RECAF is in a strong downtrend that is likely to continue. While RECAF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_RECAF
Open High Low RECAF Price Change
0.42679 0.45900 0.42679 0.44860 +0.02360
Entry Signal

MarketClub’s Trade Triangles for RECAF

long term down The long-term trend has been DOWN since Jan 31st, 2025 at 0.6300

intermediate term down The intermediate-term trend has been DOWN since Jan 30th, 2025 at 0.6700

short term down The short-term trend has been DOWN since Feb 18th, 2025 at 0.4459

Smart Scan Analysis for RECAF

Based on our trend formula, RECAF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RECAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.42679 0.45900 0.42679 0.44860 +0.02360
Prev. Close Volume Bid Ask Time
0.44860 160610 2025-02-21 15:57:00
52wk High1.3952wk High Date2024-07-08
52wk Low0.39252wk Low Date2025-02-20
Average Volume970,947Shares Outstanding61,337
Assets192,107,931MLiabilities6,210,391M
P/E Ratio1.9585
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