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Recon Technology, Ltd.

RCON Technical Analysis Summary (NASDAQ)

Analyze RCON on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RCONNASDAQ
EnergyOil & Gas Equipment & Services
$0.47
$0.05(11.59%)
U.S. Market opens in 21h 49m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RCON Technical Analysis Summary (NASDAQ)

Recon Technology, Ltd. (NASDAQ: RCON) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.72)
Trend Strength:Weak (ADX: 15.81)
Volatility:High (ATR: 0.06)
Support/Resistance:$0.38 – $0.45 (Bollinger Bands)

Technical conditions suggest Recon Technology, Ltd. on the NASDAQ is awaiting a decisive move. This mix signals that Recon Technology, Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 46.72

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 76.45

Bullish
Buying momentum building without extremes.

Williams %R: -17.35

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 4.32

Bullish
Steady upward momentum.

Takeaway:Recon Technology, Ltd. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.81

Weak
Weak trend, market trading sideways.

ATR (14): 0.06

Low
Low volatility, stable price action.

CCI (14): 73.42

Bullish
Bullish, momentum building upward.

Takeaway:Recon Technology, Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.45
Middle Band (SMA 20)
$0.42
Lower Band
$0.38
Current Position
Above Upper Band

Takeaway:Recon Technology, Ltd. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.56
Middle Line (EMA 20)
$0.44
Lower Channel
$0.31
Squeeze Status
Squeeze On

Takeaway:Recon Technology, Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume28.83M
Money Flow Index44.05Neutral, balanced money flows with no clear signal.
Relative Vigor Index48.69Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:RCON shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Recon Technology, Ltd. (NASDAQ: RCON), here are the key trading signals and recommendations:

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Recon Technology, Ltd. shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(NASDAQ: RCON) Technical Analysis FAQ