Why is Reckon Limited (ASX: RKN.AX) stock down today?

RKN.AX on the ASX is down -1.25% at $0.40 today, with price action that suggests selling interest.

What moved Reckon Limited (ASX: RKN.AX) stock today?

Today's move in RKN.AX on the ASX came alongside volume -39.08% below average and a day range of $0.40–$0.40.

How much did Reckon Limited's (ASX: RKN.AX) volume change today?

RKN.AX's volume on the ASX was 38.15K, -39.08% below its average.

Is Reckon Limited (ASX: RKN.AX) breaking a resistance level?

RKN.AX on the ASX is trading below its 50-day MA ($0.43) and below its 200-day MA ($0.46), which points to short-term and long-term weakness.

Why Is Reckon Limited (ASX: RKN.AX) Stock Up 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●ASX

TechnologySoftware - Application

$0.40

$0.005(1.25%)

Australian Market opens in 62h 58m

RKN.AX is Down -1.25% today

You might want to check out Why is RKN.AX Down Today?

Reckon Limited (ASX: RKN.AX) Update

Volume (Unusual)

38.15K

↓ 39.00%

Open / Previous Close

$0.40 / $0.40

Day Range (Low / High)

$0.40 - $0.40

Reckon Limited (ASX: RKN.AX) Summary

Reckon Limited (ASX: RKN.AX) is trading down -1.25% at $0.40, reflecting a negative shift in investor sentiment today. The stock opened at $0.40 and has moved between $0.40 and $0.40 so far.

Trading volume is 38147, which is 39% below its average, and the price action suggests selling 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 $0.46, 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 -3.80% in 1 month ($0.38), +8.50% in 1 year ($0.43), and -30.71% in 5 years ($0.27).

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 ($0.46)

Analyst Recommendations data is not available for RKN.AXAnalyst Recommendations details for RKN.AX are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$0.38

1 Year

$0.43

3 Years

$0.35

5 Years

$0.27

Good68.00

Is this change significant?

5-Day:-2.44%

1-Month:-6.98%

3-Month:-9.09%

What's next?

Next earnings date: 7/30/2025