Recon Technology, Ltd. (RCON)
Energy
- Fundamental
- 1
- Sentiment
- 2
- Technical
- 1
Do Nothing: fundamentalScore 1 and qualitativeScore 2 are below the required floor of 3, and the tape also fails both liquidity floors and the 8.47% overnight-gap control.
Company overview
Recon Technology, Ltd. provides hardware, software, and on-site services to the petroleum mining and extraction industry in China. The company offers oilfield production equipment, industrial automation solutions, and oilfield waste management services. Founded in 2007, Recon Technology is headquartered in Beijing, China.
Fundamental
very weakRecon Technology's fundamentals are high risk with persistent losses and negative cash flow.
Persistent losses, negative cash flow and distress-level financial scores; SEC filings highlight PRC/VIE and customer concentration risks plus potential dilution/reverse split—overall speculative.
Sentiment
weakSentiment is weak with limited media coverage and no clear positive catalysts.
Recon Technology announced a $100M at-the-market equity offering program on 2026-07-31 (capital_structure, announced), creating a near-term dilution/supply overhang; last ~14d media coverage is slightly negative and mostly technical/price-action driven while the 30–90d baseline is too sparse to compute a sentiment delta. No regulator-confirmed investigations surfaced in the 90d legal screen, but the financing overhang is a moderate red-flag that caps the score at 3.
Technical
very weakThe technical outlook is bearish with the stock trading below key moving averages.
Technical score 1/5: RCON trades below SMA20/50/200 and EMA9/21, MACD remains below zero, and ADX 34.09 shows the dominant move is still strong but bearish. RSI 34.13 is only a weak oversold reading, not a confirmed reversal signal.
You’re looking at 2026-07-31 — about 2 trading days ago.
Subscribers saw this then, and see today’s score, verdict and trade plan now.
More Energy
Not financial advice. For informational and educational purposes only.