Is Reconnaissance Energy Africa Ltd. stock a buy or sell right now?

Reconnaissance Energy Africa Ltd. currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Reconnaissance Energy Africa Ltd.’s RSI?

RSI is 50.04, showing balanced momentum within the normal range.

What does MACD indicate for RECAF?

MACD at -0.01 shows bearish pressure, with downside momentum building.

What are Reconnaissance Energy Africa Ltd.’s key support and resistance levels?

Support sits around $0.56, while resistance is near $0.65.

Reconnaissance Energy Africa Ltd.

RECAF•PNK

Energy

Oil & Gas Exploration & Production

$0.61

$0.00(0.02%)

U.S. Market opens in 13h 37m

Reconnaissance Energy Africa Ltd. (RECAF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Reconnaissance Energy Africa Ltd. (PNK:RECAF).

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

RECAF Technical Analysis Summary

Reconnaissance Energy Africa Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bullish (RSI: 50.04)

Trend Strength:Weak (ADX: 17.91)

Volatility:High (ATR: 0.05)

Support/Resistance:$0.56 – $0.65 (Bollinger Bands)

This mix signals that Reconnaissance Energy Africa Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 50.04

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 43.56

Neutral

Mid-range signal with no clear trend.

Williams %R: -55.62

Neutral

Balanced market without strong signals.

Rate of Change (ROC): 10.00

Strongly Bullish

Strong upside momentum.

Takeaway:Reconnaissance Energy Africa Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 17.91

Weak

Weak trend, market trading sideways.

ATR (14): 0.05

Low

Low volatility, stable price action.

CCI (14): 44.43

Bullish

Bullish, momentum building upward.

Takeaway:Reconnaissance Energy Africa Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$0.65

Middle Band (SMA 20)

$0.60

Lower Band

$0.56

Current Position

Within Bands

Takeaway:Reconnaissance Energy Africa Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$0.72

Middle Line (EMA 20)

$0.61

Lower Channel

$0.51

Squeeze Status

Squeeze On

Takeaway:Reconnaissance Energy Africa Ltd. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis

On-Balance Volume9.87M

Money Flow Index55.42Neutral, balanced money flows with no clear signal.

Relative Vigor Index36.02Bearish, price momentum favors sellers.

Overall Takeaway:RECAF shows mixed signals in money flow analysis.

Technical Trading Signals Summary

Based on the current technical analysis of Reconnaissance Energy Africa Ltd., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Reconnaissance Energy Africa Ltd. shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.