Technical Analysis for RECAF - Reconnaissance Energy Africa Ltd

Grade Last Price % Change Price Change
grade D 0.52 -3.70% -0.0200
RECAF closed down 3.7 percent on Wednesday, August 12, 2020, on 2.06 times normal volume. It ran into resistance at its 50 day moving average.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical RECAF trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Calm After Storm Range Contraction -3.70%
Narrow Range Bar Range Contraction -3.70%
NR7 Range Contraction -3.70%
Inside Day Range Contraction -3.70%
Older signals for RECAF ...

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Profile

Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in the exploration and development of oil and gas properties in Namibia. It holds a 90% interest in a petroleum exploration license that covers an area of approximately 25,341.33 square kilometers located in Namibia. The company is based in Vancouver, Canada.
Oil And Gas Oil And Gas Properties Oil Companies Ildc Energy Kudu Gas Field

Is RECAF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.6894
52 Week Low 0.1808
Average Volume 113,065
200-Day Moving Average 0.0000
50-Day Moving Average 0.5734
20-Day Moving Average 0.5731
10-Day Moving Average 0.5516
Average True Range 0.0602
ADX 15.23
+DI 23.4577
-DI 17.5962
Chandelier Exit (Long, 3 ATRs ) 0.4994
Chandelier Exit (Short, 3 ATRs ) 0.6779
Upper Bollinger Band 0.6677
Lower Bollinger Band 0.4785
Percent B (%b) 0.22
BandWidth 33.0134
MACD Line -0.0095
MACD Signal Line -0.0027
MACD Histogram -0.0068
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.6040
Resistance 3 (R3) 0.6133 0.5947 0.5900
Resistance 2 (R2) 0.5947 0.5733 0.5900 0.5853
Resistance 1 (R1) 0.5573 0.5601 0.5480 0.5480 0.5807
Pivot Point 0.5387 0.5387 0.5340 0.5340 0.5387
Support 1 (S1) 0.5013 0.5173 0.4920 0.4920 0.4593
Support 2 (S2) 0.4827 0.5041 0.4780 0.4547
Support 3 (S3) 0.4453 0.4827 0.4500
Support 4 (S4) 0.4360