Recon Technology Stock Forecast

Hold candidate since Jul 31, 2026

The Recon Technology stock price gained 21.78% on the last trading day (Friday, 31st Jul 2026), rising from $0.360 to $0.438. During the last trading day the stock fluctuated 59.02% from a day low at $0.277 to a day high of $0.440. The price has risen in 6 of the last 10 days and is up by 12.24% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 347 thousand more shares were traded than the day before. In total, 452 thousand shares were bought and sold for approximately $198.18 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -47.11% during the next 3 months and, with a 90% probability hold a price between $0.165 and $0.254 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

RCON Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, July 29, 2026, and so far it has risen 23.36%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Recon Technology has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Recon Technology stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $0.439. On a fall, the stock will find some support from the short-term average at $0.423. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Recon Technology stock

Recon Technology finds support from accumulated volume at $0.430 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.163 between high and low, or 59.02%. For the last week, the stock has had daily average volatility of 28.62%.

Our recommended stop-loss: $0.421 (-4.06%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (RCON) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Recon Technology to open at $0.385, and during the day (based on 14 day Average True Range), to move between $0.402 and $0.475, which gives a possible trading interval of +/-$0.0729 (+/-18.14%) up or down from last closing price. If Recon Technology takes out the full calculated possible swing range there will be an estimated 18.14% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.430 (1.80%) than the resistance at $0.471 (7.44%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Recon Technology stock A Buy?

Recon Technology holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Hold candidate.

Current score: 0.670 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $0.385 ( 12.16%).

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