What’s The Key Support Level On Recon Technology, Ltd. (RCON)?

Recon Technology, Ltd. (RCON) has seen some recent activity in the stock market and its shares closed trading at $2.0900 yesterday. People are starting to take notice of RCON as the shares traded as high as $2.3400 and as low as $2.0100 in the previous trading day.

Recon Technology, Ltd. (RCON) average trading volume is 74.04K. However, in the previous trading day Recon Technology, Ltd. (RCON) exchanged 1,266,012 shares. The first downside support level on RCON is $2.04 and the first resistance level on RCON is $4.46. RCON 50-day moving average is $3.0826 and RCON 200 day moving average is $2.6871.

Recon Technology, Ltd. (RCON) current performance has been indicated by the recent movement in RCON shares. RCON has performed -22.59% over the past month, RCON has performed -0.47% over the past 3 months and RCON has shown -55.91% over the past year. Recon Technology, Ltd. (RCON) has a 12 month range of $1.1100 to $5.5500. Recon Technology, Ltd. (RCON) is trading 88.29% from its 12 month low and -62.34% from its 12 month high. Recon Technology, Ltd. (RCON) is displaying a 1.77% short float displaying the quantity short in the float.

RCON has 4.45M shares outstanding and 2.61M shares in the float. Recon Technology, Ltd. (RCON) presently has a market cap of $16.99M and income of $-3.10M. The projected EPS net year is 57.80%. The market cap of Recon Technology, Ltd. (RCON) at $16.99M signifies how many People own shares of RCON and is calculated off the last price ($2.0900) of RCON and the quantity of shares outstanding (4.45M) with Recon Technology, Ltd. (RCON).

RCON is trading -44.45% below (bearish) its SMA20, -19.57% below (bearish) its SMA50 and -30.11% below (bearish) its SMA200.