Reconnaissance Energy Africa (RECAF, $0.35) Moving Average Convergence Divergence (MACD) Histogram turned negative on April 4, 2025

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RECAF - Reconnaissance Energy Africa Ltd.
MACD signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $0.345
Daily change: -$0.0193 (-5.3%)
Daily volume: 380.7K
Capitalization: $89.7M
Industry: Oil & Gas Production

This is a Bearish indicator signaling RECAF's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 48 similar cases where RECAF's MACD histogram became negative, and 45 of them led to successful outcomes. Odds of Success: 90%.