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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
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.
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MarketClub’s Trade Triangles for RECAF
The long-term trend has been DOWN since Aug 30th, 2024 at 0.6602
The intermediate-term trend has been DOWN since Oct 9th, 2024 at 0.6680
The short-term trend has been DOWN since Oct 22nd, 2024 at 0.7150
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.69220 | 0.70438 | 0.67750 | 0.69010 | -0.00490 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.69010 | 191021 | 2024-10-25 15:59:00 |
| 52wk High | 1.39 | 52wk High Date | 2024-07-08 |
| 52wk Low | 0.5511 | 52wk Low Date | 2024-04-16 |
| Average Volume | 225,963 | Shares Outstanding | 61,337 |
| Assets | 157,905,848M | Liabilities | 5,856,280M |
| P/E Ratio | 4.2638 |