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Stock Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

RECONNAISSANCE EGY AFRICA (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.

NASDAQ_RECAF
Open High Low RECAF Price Change
0.767 0.790 0.750 0.760 -0.010
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 Dec 12th, 2024 at 0.7501

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).

+75
Smart Scan Analysis for RECAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.767 0.790 0.750 0.760 -0.010
Prev. Close Volume Bid Ask Time
0.770 192879 2024-12-12 14:37:00
52wk High1.3952wk High Date2024-07-08
52wk Low0.551152wk Low Date2024-04-16
Average Volume443,994Shares Outstanding61,337
Assets192,107,931MLiabilities6,210,391M
P/E Ratio4.7239
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