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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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.

NASDAQ_RECAF
Open High Low RECAF Price Change
0.6670 0.7250 0.6400 0.7100 +0.0502
Entry Signal

MarketClub’s Trade Triangles for RECAF

long term up The long-term trend has been UP since Feb 9th, 2024 at 0.96

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2024 at 0.80

short term up The short-term trend has been UP since Mar 27th, 2024 at 0.72

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).

+55
Smart Scan Analysis for RECAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6670 0.7250 0.6400 0.7100 +0.0502
Prev. Close Volume Bid Ask Time
0.7000 213865 2024-03-27 15:57:00
52wk High1.3852wk High Date2023-08-07
52wk Low0.603352wk Low Date2023-12-12
Average Volume328,824Shares Outstanding61,337
Assets188,587,324MLiabilities123,683,614M
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