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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
$0.44
$0.02(3.53%)
Australian Market opens in 2h 56m

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: 40.40)
Trend Strength:Weak (ADX: 18.11)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.42 – $0.46 (Bollinger Bands)

Technical conditions suggest Reckon Limited on the ASX is awaiting a decisive move. This mix signals that Reckon Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 40.40

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.11

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.61

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: 18.11

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -96.86

Bearish
Bearish, momentum remains under pressure.

Takeaway:Reckon Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.46
Middle Band (SMA 20)
$0.44
Lower Band
$0.42
Current Position
Within Bands

Takeaway:Reckon Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.46
Middle Line (EMA 20)
$0.44
Lower Channel
$0.42
Squeeze Status
No Squeeze

Takeaway:Reckon Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-578.23K
Money Flow Index11.72Bullish, oversold conditions signal rebound potential.
Relative Vigor Index22.48Bearish, price momentum favors sellers.

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

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

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

Bearish Signals

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