Is Recon Technology Ltd. technically bullish or bearish?

Sep 20 2025 07:34 PM IST
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As of August 20, 2025, Recon Technology Ltd. shows a mildly bullish trend supported by daily moving averages, but faces bearish signals from weekly MACD and Bollinger Bands, while significantly underperforming the S&P 500 with a 1-year return of -28.91%.
As of 20 August 2025, the technical trend for Recon Technology Ltd. has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages and the monthly KST and Dow Theory indicators, both of which are mildly bullish as well. However, the weekly MACD and Bollinger Bands indicate a mildly bearish to bearish sentiment, which tempers the overall bullish outlook.

In terms of performance, the company has underperformed significantly compared to the S&P 500 across all multi-period returns, with a 1-year return of -28.91% versus the S&P 500's 17.14%.
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