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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.

Open High Low RECAF Price Change
2.7700 2.9000 2.7489 2.7900 -0.1200
Entry Signal

MarketClub’s Trade Triangles for RECAF

long term up The long-term trend has been UP since May 21st, 2020 at 0.4875

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2021 at 3.0000

short term down 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).

Smart Scan Analysis for RECAF
Strong Downtrend Sideways 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 High4.1552wk High Date2021-01-20
52wk Low0.18752wk Low Date2020-04-27
Average Volume609,243Shares Outstanding61,337
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