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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.

RCON●NASDAQ
EnergyOil & Gas Equipment & Services
$3.34
$1.14(25.45%)
U.S. Market opens in 14h 15m

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 bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 72.15)
Trend Strength:Strong (ADX: 32.93)
Volatility:High (ATR: 0.61)
Support/Resistance:$-1.60 – $2.82 (Bollinger Bands)

Technical conditions suggest Recon Technology, Ltd. on the NASDAQ is awaiting a decisive move. Technical conditions suggest Recon Technology, Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 72.15

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 47.70

Neutral
Mid-range signal with no clear trend.

Williams %R: -51.19

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 785.17

Strongly Bullish
Strong upside momentum.

Takeaway:Recon Technology, Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.41

Bullish
Bullish, trend momentum is strengthening.

ADX: 32.93

Strong
Strong trend, momentum well established.

ATR (14): 0.61

Low
Low volatility, stable price action.

CCI (14): 225.76

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Recon Technology, Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.82
Middle Band (SMA 20)
$0.61
Lower Band
$-1.60
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
$2.07
Middle Line (EMA 20)
$0.86
Lower Channel
$-0.36
Squeeze Status
No Squeeze

Takeaway:Recon Technology, Ltd. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-457.87M
Money Flow Index14.10Bullish, oversold conditions signal rebound potential.
Relative Vigor Index38.07Bearish, price momentum favors sellers.

Overall Takeaway:RCON shows oversold money flow, with rebound potential building.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NASDAQ: RCON) Technical Analysis FAQ