Stock Price Prediction

Recon Technology (RCON) is currently trading at $0.096, facing delisting risks due to non-compliance with Nasdaq's $1 minimum bid price rule. The company plans a 1-for-18 reverse stock split effective May 1, aiming to regain compliance, which could stabilize the stock temporarily. However, the stock's weak fundamentals and high volatility make it a speculative and high-risk investment.

RCON stock is bearish due to its ongoing delisting risk from Nasdaq, trading at $2.12 as of January 31, 2025. The company’s reverse stock split and appeal to regain compliance have not significantly improved investor confidence. The stock remains under pressure with limited upside potential in the near term.