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Stock Trend Analysis Report

Prepared for you on Thursday, August 5, 2021.

Recon Technology, Ltd. - Class A Ordinary Shares (NASDAQ:RCON)

Long-Term Downtrend (-90) - RCON is in a strong downtrend that is likely to continue. While RCON 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 RCON?

MarketClub looks at technical strength and momentum to determine if the timing is right for RCON.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RCON
Open High Low RCON Price Change
3.2400 3.2900 3.1300 3.2805 +0.0105
Entry Signal

MarketClub’s Trade Triangles for RCON

long term down The long-term trend has been DOWN since Jul 7th, 2021 at 3.72

intermediate term down The intermediate-term trend has been DOWN since Jun 11th, 2021 at 8.30

short term down The short-term trend has been DOWN since Aug 2nd, 2021 at 3.19

Smart Scan Analysis for RCON

Based on our trend formula, RCON is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RCON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.2400 3.2900 3.1300 3.2805 +0.0105
Prev. Close Volume Bid Ask Time
3.2700 462662 2021-08-05 10:53:17
Year High5.36Year High Date2018-01-16
Year Low0.95Year Low Date2018-11-28
52wk High17.552wk High Date2021-06-11
52wk Low0.7552wk Low Date2020-09-08
Year End Close1.4Average Volume2,799,131
Shares Outstanding7,203Short Interest49,093
% Institutional0.4Market Cap14M
Assets194,414,804MLiabilities84,385,042M
Beta2.22Volatility59.18
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