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Reckon Limited

RKN.AX Technical Analysis Summary (ASX)

Analyze RKN.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RKN.AX●ASX
TechnologySoftware - Application
$0.43
$0.005(1.18%)
Australian Market is Open · 14:52

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

RKN.AX Technical Analysis Summary (ASX)

Reckon Limited (ASX: RKN.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.71)
Trend Strength:Strong (ADX: 32.26)
Volatility:Medium (ATR: 0.02)
Support/Resistance:$0.41 – $0.50 (Bollinger Bands)

Technical conditions suggest Reckon Limited on the ASX is awaiting a decisive move. Overall, Reckon Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 43.71

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 2.90

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.65

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -10.42

Strongly Bearish
Sharp downside momentum.

Takeaway:Reckon Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 32.26

Strong
Strong trend, momentum well established.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -73.74

Bearish
Bearish, momentum remains under pressure.

Takeaway:Reckon Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.50
Middle Band (SMA 20)
$0.45
Lower Band
$0.41
Current Position
Within Bands

Takeaway:Reckon Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.48
Middle Line (EMA 20)
$0.44
Lower Channel
$0.41
Squeeze Status
No Squeeze

Takeaway:Reckon Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.05M
Money Flow Index52.10Neutral, balanced money flows with no clear signal.
Relative Vigor Index24.09Bearish, price momentum favors sellers.

Overall Takeaway:RKN.AX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Reckon Limited (ASX: RKN.AX), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Reckon Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: RKN.AX) Technical Analysis FAQ