Technical Analysis for RCON - Recon Technology, Ltd.

Grade Last Price % Change Price Change
grade D 0.99 -2.94% -0.03
RCON closed down 2.94 percent on Friday, March 22, 2019, on 19 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Flat Flat
See historical RCON trend table...

Date Alert Name Type % Chg
Mar 22 Fell Below 20 DMA Bearish 0.00%
Mar 22 Fell Below 50 DMA Bearish 0.00%
Mar 22 Bollinger Band Squeeze Range Contraction 0.00%
Mar 22 BB Squeeze Started Range Contraction 0.00%
Mar 21 50 DMA Support Bullish -2.94%
Mar 21 Crossed Above 20 DMA Bullish -2.94%
Mar 21 MACD Bullish Centerline Cross Bullish -2.94%
Mar 21 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -2.94%
Mar 21 BB Squeeze Ended Range Expansion -2.94%
Mar 21 Outside Day Range Expansion -2.94%

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 Oil Well Automation Ge Oil And Gas Natural Gas Wells Flow Control Wellhead Control Engineering National Oilwell Varco Oil And Gas Production Transportation Equipment Telemetry Automation Systems EPC 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: 0 bullish, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 1.9
52 Week Low 0.63
Average Volume 184,643
200-Day Moving Average 1.142
50-Day Moving Average 0.9918
20-Day Moving Average 0.9963
10-Day Moving Average 0.9937
Average True Range 0.0518
ADX 10.71
+DI 18.7992
-DI 15.2795
Chandelier Exit (Long, 3 ATRs ) 0.9238
Chandelier Exit (Short, 3 ATRs ) 1.0554
Upper Bollinger Band 1.0378
Lower Bollinger Band 0.9548
Percent B (%b) 0.42
BandWidth 8.330824
MACD Line 0.0011
MACD Signal Line 0.0029
MACD Histogram -0.0018
Fundamentals Value
Market Cap 9.81 Million
Num Shares 9.9 Million
EPS -0.75
Price-to-Earnings (P/E) Ratio -1.32
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) 1.07
Resistance 3 (R3) 1.06 1.04 1.05
Resistance 2 (R2) 1.04 1.02 1.04 1.05
Resistance 1 (R1) 1.01 1.01 1.00 1.02 1.04
Pivot Point 0.99 0.99 0.98 0.99 0.99
Support 1 (S1) 0.96 0.97 0.95 0.97 0.94
Support 2 (S2) 0.94 0.96 0.94 0.93
Support 3 (S3) 0.91 0.94 0.93
Support 4 (S4) 0.92