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Stock Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
Reconnaissance Energy Africa Ltd. (NASDAQ:RECAF)
Bull Market Weakness (+75) - RECAF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RECAF as it may be in the beginning stages of a reversal.
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 UP since May 21st, 2020 at 0.4875
The intermediate-term trend has been UP since Apr 12th, 2021 at 3.0000
The short-term trend has been DOWN since Apr 14th, 2021 at 2.7600
Smart Scan Analysis for RECAF
Based on our trend formula, RECAF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7700 | 2.9000 | 2.7489 | 2.7900 | -0.1200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9100 | 364776 | 2021-04-14 15:59:00 |
| 52wk High | 4.15 | 52wk High Date | 2021-01-20 |
| 52wk Low | 0.187 | 52wk Low Date | 2020-04-27 |
| Average Volume | 609,243 | Shares Outstanding | 61,337 |
| Assets | 8,348,398M | Liabilities | 521,672M |