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Stock Trend Analysis Report

Prepared for you on Tuesday, May 24, 2022.

RECONNAISSANCE EGY AFRICA (NASDAQ:RECAF)

Countertrend Down (-85) - RECAF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
4.11 4.11 3.98 3.98 -0.13
Entry Signal

MarketClub’s Trade Triangles for RECAF

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 6.320000

intermediate term down The intermediate-term trend has been DOWN since May 9th, 2022 at 4.696521

short term up The short-term trend has been UP since May 20th, 2022 at 4.190000

Smart Scan Analysis for RECAF

Based on our trend formula, RECAF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for RECAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.11 4.11 3.98 3.98 -0.13
Prev. Close Volume Bid Ask Time
4.11 36315 2022-05-24 10:21:00
52wk High11.2352wk High Date2021-06-24
52wk Low3.5452wk Low Date2021-11-01
Average Volume511,415Shares Outstanding61,337
Assets106,629,000MLiabilities2,208,613M
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