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Stock Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

RECONNAISSANCE EGY AFRICA (NASDAQ:RECAF)

Countertrend Up (+85) - RECAF 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 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
0.8190 0.8190 0.7753 0.8000 +0.0400
Entry Signal

MarketClub’s Trade Triangles for RECAF

long term up The long-term trend has been UP since Nov 25th, 2024 at 0.8400

intermediate term up The intermediate-term trend has been UP since Nov 25th, 2024 at 0.7841

short term down The short-term trend has been DOWN since Nov 29th, 2024 at 0.7465

Smart Scan Analysis for RECAF

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

+85
Smart Scan Analysis for RECAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8190 0.8190 0.7753 0.8000 +0.0400
Prev. Close Volume Bid Ask Time
0.7600 217488 2024-12-03 12:01:00
52wk High1.3952wk High Date2024-07-08
52wk Low0.551152wk Low Date2024-04-16
Average Volume510,785Shares Outstanding61,337
Assets192,107,931MLiabilities6,210,391M
P/E Ratio4.6626
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