Technical Analysis for RECAF - Reconnaissance Energy Africa Ltd

Grade Last Price % Change Price Change
grade A 0.2435 -4.10% -0.0104
RECAF closed down 4.1 percent on Thursday, April 9, 2020, on 2.83 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Up
Historical RECAF trend table...

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
20 DMA Support Bullish 0.00%
Hot IPO Pullback Bullish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
1,2,3 Retracement Bearish Bearish Swing Setup -4.10%
Narrow Range Bar Range Contraction -4.10%
Stochastic Reached Overbought Strength -4.10%
Inside Day Range Contraction -4.10%
Wide Bands Range Expansion -4.10%
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

Is RECAF a Buy, Sell or Hold?

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

Recent News

Indicators

Indicator Value
52 Week High 0.4875
52 Week Low 0.1808
Average Volume 11,999
200-Day Moving Average 0.0000
50-Day Moving Average 0.0000
20-Day Moving Average 0.2349
10-Day Moving Average 0.2364
Average True Range 0.0303
ADX 34.2
+DI 17.0565
-DI 34.4437
Chandelier Exit (Long, 3 ATRs ) 0.2201
Chandelier Exit (Short, 3 ATRs ) 0.2717
Upper Bollinger Band 0.2693
Lower Bollinger Band 0.2005
Percent B (%b) 0.63
BandWidth 29.2891
MACD Line -0.0224
MACD Signal Line -0.0266
MACD Histogram 0.0042
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.2821
Resistance 3 (R3) 0.2828 0.2706 0.2756
Resistance 2 (R2) 0.2706 0.2608 0.2703 0.2735
Resistance 1 (R1) 0.2571 0.2548 0.2510 0.2564 0.2713
Pivot Point 0.2449 0.2449 0.2419 0.2446 0.2449
Support 1 (S1) 0.2314 0.2351 0.2253 0.2307 0.2157
Support 2 (S2) 0.2192 0.2291 0.2189 0.2135
Support 3 (S3) 0.2057 0.2192 0.2114
Support 4 (S4) 0.2050