Technical Analysis for RCON - Recon Technology, Ltd.

Grade Last Price % Change Price Change
grade F 0.7034 -2.36% -0.02
RCON closed down 2.36 percent on Friday, September 20, 2019, on 11 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Earnings due: Sep 26

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical RCON trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Boomer Buy Setup Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
50 DMA Support Bullish -2.36%
1,2,3 Pullback Bullish Bullish Swing Setup -2.36%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -2.36%

Older signals for RCON ...

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Profile
Recon Technology, Ltd provides hardware, software, and on-site services to the petroleum mining and extraction industry in the People's Republic of China. It offers equipment, tools, and other hardware related to oilfield production and management; and develops and sells industrial automation control and information solutions. The company provides oil and gas production and transportation equipment, such as heating furnaces and burners; and oil and gas development tools and equipment, including packers of fracturing, production, and water injection. Its oil and gas production increasing techniques comprise fissure shaper technique to increase perforation depth, shape stratum fissures, and enhance stratum diversion capability; sand prevention technique for oil and water wells; water locating and plugging technique; fracture acidizing technique for oil and gas wells; and electronic broken-down service to resolve block-up and freezing problems. The company also provides automation systems and services, including pumping unit controller that monitors the pumping units and collects data for load, pressure, voltage, startup, and shutdown control; RTU to monitor natural gas wells and collect gas well pressure data; wireless dynamometer and wireless pressure gauge; electric multi-way valve for oilfield metering station flow control; and natural gas flow computer system. In addition, it offers Recon SCADA oilfield monitor and data acquisition system for supervision and data collection; EPC service of pipeline, and oil and gas wells SCADA system for monitoring and data acquisition of pipelines, and oil and natural gas wells; EPC service of oilfield video surveillance and control system to control the oil and gas wellhead and measurement station areas; and technique service for digital oilfield transformation. The company was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China.
Natural Gas Technology Oil Petroleum Industry Fuels Fracturing Oil And Gas Wells Automation Oil Well Ge Oil And Gas Natural Gas Wells Flow Control Wellhead Control Engineering National Oilwell Varco Oil And Gas Production Transportation Equipment EPC Telemetry Automation Systems Scada
Is RCON a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 3 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 1.56
52 Week Low 0.63
Average Volume 20,572
200-Day Moving Average 0.8606
50-Day Moving Average 0.7101
20-Day Moving Average 0.6995
10-Day Moving Average 0.7094
Average True Range 0.0544
ADX 31.31
+DI 20.0105
-DI 8.6585
Chandelier Exit (Long, 3 ATRs ) 0.6598
Chandelier Exit (Short, 3 ATRs ) 0.8082
Upper Bollinger Band 0.7554
Lower Bollinger Band 0.6436
Percent B (%b) 0.53
BandWidth 15.982845
MACD Line 0.0049
MACD Signal Line 0.0001
MACD Histogram 0.0048
Fundamentals Value
Market Cap 6.97 Million
Num Shares 9.9 Million
EPS -0.75
Price-to-Earnings (P/E) Ratio -0.94
Price-to-Sales 1.81
Price-to-Book 3.27
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.76
Resistance 3 (R3) 0.77 0.75 0.75
Resistance 2 (R2) 0.75 0.74 0.75 0.75
Resistance 1 (R1) 0.73 0.73 0.72 0.72 0.75
Pivot Point 0.71 0.71 0.71 0.71 0.71
Support 1 (S1) 0.69 0.70 0.68 0.68 0.66
Support 2 (S2) 0.68 0.69 0.67 0.66
Support 3 (S3) 0.65 0.68 0.65
Support 4 (S4) 0.65