Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
RECONNAISSANCE EGY AFRICA (NASDAQ:RECAF)
Sidelines Mode (-55) - RECAF 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 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for RECAF
The long-term trend has been DOWN since Nov 9th, 2022 at 2.48
The intermediate-term trend has been DOWN since Mar 9th, 2023 at 1.26
The short-term trend has been UP since Mar 29th, 2023 at 1.21
Smart Scan Analysis for RECAF
Based on our trend formula, RECAF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.16 | 1.25 | 1.14 | 1.25 | +0.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.14 | 252899 | 2023-03-30 15:59:00 |
| 52wk High | 5.67 | 52wk High Date | 2022-04-29 |
| 52wk Low | 0.35 | 52wk Low Date | 2022-11-09 |
| Average Volume | 263,468 | Shares Outstanding | 61,337 |
| Assets | 106,629,000M | Liabilities | 2,208,613M |