


Technical Sentiment Analysis for Recon Technology Ltd (RCON) As of 2026-05-06, Recon Technology Ltd (RCON) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 2 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for RCON stands at 42.775, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.019, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 39.642 and the Commodity Channel Index (CCI) at -56.897 further confirm a -0.06 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, RCON is trading below its 60-day moving average of $1.059 and below its 200-day long-term moving average of $1.594. Key price levels to watch include the immediate resistance at $1.013 and strong support at $0.883. A break above $1.013 could signal a bull continuation, while falling below $0.883 may test the next Fibonacci floor at $0.816.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.753 | 0.816 | 0.883 | 0.946 | 1.013 | 1.076 | 1.143 |
| Fibonacci | 0.816 | 0.866 | 0.897 | 0.946 | 0.996 | 1.027 | 1.076 |
2026-05-06
| Name | Value |
|---|---|
| RSI_14 | 42.775 |
| STOCHk_14_3_3 | 39.642 |
| STOCHd_14_3_3 | 43.156 |
| CCI_20 | -56.897 |
| AO_5_34 | 0.00675 |
| MOM_10 | -0.06 |
| MACD_12_26_9 | -0.019 |
2026-05-06
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 0.903 | Sell |
| MA_10 | 0.949 | Sell |
| MA_20 | 0.922 | Sell |
| MA_60 | 1.059 | Sell |
| MA_200 | 1.594 | Sell |
| MA_250 | 1.737 | Sell |