
Why Is Reckon Limited (ASX: RKN.AX) Stock Down Today?
Live update on RKN.AX's movement on the ASX, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
RKN.AX is Up +1.18% today
You might want to check out Why is RKN.AX Up Today?
Reckon Limited (ASX: RKN.AX) Update
Reckon Limited (ASX: RKN.AX) Summary
Reckon Limited (ASX: RKN.AX) is trading up +1.18% at $0.43, reflecting a positive shift in investor sentiment today. The stock opened at $0.44 and has moved between $0.43 and $0.44 so far.
Trading volume is 9215, which is 91% below its average, and the price action suggests buying interest.
Technically, RKN.AX on the ASX is trading below its 50-day moving average of $0.43 and below its 200-day moving average of $0.49, indicating short-term and long-term weakness.
Meyka's AI assigns RKN.AX a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -2.33% in 1 month ($0.42), +6.82% in 1 year ($0.46), and -20.07% in 5 years ($0.34).
See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the ASX.
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RKN.AX (ASX) Technical Signals
Trading below 50-day moving average ($0.43)
Trading below 200-day moving average ($0.49)
Price Forecast
1 Month
$0.42
1 Year
$0.46
3 Years
$0.40
5 Years
$0.34
Is this change significant?
5-Day:-2.27%
1-Month:-2.27%
3-Month:+3.61%
What's next?
Next earnings date: 7/30/2025