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RCON Stock Analysis

Data source: Trade-Ideas Alerts | 18 alerts analyzed | Backtest period: 2022-01-31 → 2023-12-27

⚠️ Small sample size (18 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

Recon Technology, Ltd. Class A Ordinary Shares OIL & GAS FIELD SERVICES, NEC (SIC 1389)
📍 NASDAQ 📅 IPO: Jul 31, 2009 🔗 www.recon.cn
💰 Market Cap: $43.2M 👥 Employees: 188
Recon Technology Ltd provides automation systems, industrial equipment, and support services tailored for the oil and gas industry in China. The company's business spans key segments such as automation products and software, equipment and accessories, oilfield environmental protection, and platform outsourcing services. It generates the majority of its revenue by providing integrated automation services to Chinese petroleum companies at oilfields. Its key products and services include pumping unit controllers, natural gas flow computer systems, wireless dynamometers and wireless pressure gauges, and an oilfield monitor and data acquisition system. The company's operations are centered on servicing upstream clients throughout China, with some broader industrial automation solutions.
📊
18
Total Alerts
🎯
88.9%
Win Rate (EOD)
💰
+898.45%
Avg Gain (EOD)
🚀
+6.48%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 35.3%
Avg Gain: -0.40%
Avg Winner: +1.73%
Avg Loser: -1.72%
Best: +2.61%
Worst: -3.42%
Trades: 6/10

15MIN

Win Rate: 50.0%
Avg Gain: -0.36%
Avg Winner: +2.03%
Avg Loser: -3.10%
Best: +6.33%
Worst: -5.65%
Trades: 9/8

30MIN

Win Rate: 31.2%
Avg Gain: -0.60%
Avg Winner: +3.85%
Avg Loser: -3.20%
Best: +6.57%
Worst: -7.15%
Trades: 5/9

60MIN

Win Rate: 41.2%
Avg Gain: -2.02%
Avg Winner: +3.17%
Avg Loser: -6.28%
Best: +5.93%
Worst: -19.61%
Trades: 7/9

EOD (End of Day)

Win Rate: 88.9%
Avg Gain: +898.45%
Avg Winner: +1011.18%
Avg Loser: -3.38%
Best: +2035.59%
Worst: -6.48%
Trades: 16/2

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +6.48%
Best MFE: +20.76%
Avg Time to MFE: 115 min

On average, RCON alerts reach +6.48% profit potential within 115 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -2.37%
Worst MAE: -7.16%
Avg Time to MAE: 20 min

Before reaching MFE, expect an average drawdown of 2.37%.

⚖️ Risk/Reward Ratio

2.73:1

Excellent risk/reward - potential gain is 2.73x the typical drawdown.

💡 Trading Insight: Based on 18 alerts, RCON typically reaches +6.48% profit before pulling back. Consider setting profit targets around 5.2% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 18
Gap Up % 55.6%
Avg Gap +0.96%
Best Gap +5.38%

🏭 Sector Comparison: OIL & GAS FIELD SERVICES, NEC

How RCON compares to 12 other tickers in the same sector.

5-Min Gain
RCON: -0.09% Sector: +0.06% -0.15%
EOD Gain
RCON: +738.94% Sector: +30.18% +708.75%
Avg MFE
RCON: +7.04% Sector: +3.58% +3.47%

📋 Last 20 Alerts

Historical RCON alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2023-12-27 09:28:00 $0.25 -3.42% +0.56% - -5.43% +1605.11% +0.60% -7.16% -2.90% LOSS
2023-12-19 09:27:00 $0.26 -2.04% +1.41% - - +1695.06% +3.45% -2.04% +1.49% LOSS
2023-10-18 09:25:00 $0.3 -0.33% -0.33% +2.99% +0.33% +7.94% +9.57% -1.99% +3.32% LOSS
2023-10-16 09:26:00 $0.33 +2.30% +2.02% +3.81% +4.80% -0.27% +10.88% -3.32% +5.38% WIN
2023-04-19 09:25:00 $0.42 +1.47% +6.33% +6.57% +5.15% +5.15% +8.70% +1.25% +3.12% WIN
2023-03-30 09:29:00 $0.31 - +4.85% +4.88% +2.12% +1787.91% +6.98% +0.36% +4.06% -
2023-03-16 09:26:00 $0.33 -2.69% -4.07% -1.14% +2.22% +10.99% +17.37% -4.19% +0.21% LOSS
2022-04-25 09:25:00 $0.86 +1.55% +0.40% -0.78% +1.61% +2.98% +5.04% -1.95% +0.40% WIN
2022-04-06 09:25:00 $1.13 -2.65% -5.13% -5.13% -1.77% +3.54% +4.87% -5.31% - LOSS
2022-04-05 09:25:00 $1.36 +0.74% -0.76% -0.76% -5.51% +1475.00% +5.88% -5.88% - WIN
2022-03-30 09:25:00 $1.24 -1.17% -5.65% -4.84% -5.65% +1496.77% +0.81% - - LOSS
2022-03-11 09:25:00 $1.08 -0.46% +0.46% -3.70% -1.85% -6.48% +0.93% -1.85% -1.85% LOSS
2022-03-10 09:25:00 $1.26 -1.84% -4.76% -7.15% -9.92% +1492.86% - -0.79% -0.79% LOSS
2022-03-09 09:25:00 $1.11 -0.90% -0.82% -1.81% -4.51% +5.41% +9.01% -5.41% +1.80% LOSS
2022-03-08 09:25:00 $1.53 +2.61% -3.27% -3.52% -19.61% +1311.76% +5.23% +2.61% +3.27% WIN
2022-03-07 09:25:00 $1.18 -1.69% - - +5.93% +2035.59% +20.76% -4.24% +0.85% LOSS
2022-02-24 09:25:00 $0.99 - +1.39% +1.01% -2.27% +1681.27% +4.04% -2.79% -1.01% -
2022-01-31 09:25:00 $1.17 +1.71% +0.85% - - +1561.54% +2.56% - - WIN

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 88.9% Baseline on RCON

The 88.9% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push RCON's performance to 75%+.

Optimize RCON Strategy →

Why Analyze RCON with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for RCON. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, RCON historically offers an average upside of +6.48% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 RCON Momentum Personality

With a baseline win rate of 88.9%, RCON shows strong follow-through, making it a prime candidate for momentum strategies.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show RCON performs best on the EOD (End of Day) timeframe (Avg Gain: +898.45%), signaling that gains often fade later in the session.