(AREC) American Resources complete technical analysis [charts+indicators] | Buy/Sell American Resources | (AREC) share price targets
Complete technical analysis of American Resources (AREC) by charts plus indicators, forecast predictions and share price targets for American Resources (AREC)
American Resources trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-06-04 View latest technical analysis
10 day averaged volume of American Resources is 225774
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 1.18 | 1.17 | 1.18 | 1.16 | 0.591 times |
| 03 Mon Jun 2024 | 1.18 | 1.19 | 1.23 | 1.15 | 0.937 times |
| 31 Fri May 2024 | 1.15 | 1.20 | 1.21 | 1.15 | 1.021 times |
| 30 Thu May 2024 | 1.16 | 1.27 | 1.27 | 1.11 | 2.611 times |
| 29 Wed May 2024 | 1.25 | 1.24 | 1.26 | 1.24 | 0.378 times |
| 28 Tue May 2024 | 1.26 | 1.28 | 1.28 | 1.23 | 0.726 times |
| 23 Thu May 2024 | 1.26 | 1.29 | 1.30 | 1.24 | 0.967 times |
| 22 Wed May 2024 | 1.28 | 1.28 | 1.30 | 1.26 | 0.599 times |
| 21 Tue May 2024 | 1.28 | 1.30 | 1.30 | 1.25 | 0.904 times |
| 20 Mon May 2024 | 1.26 | 1.26 | 1.31 | 1.26 | 0.926 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.2, but if it comes above 1.2, then a intra day buy could be more profitable.
If you take a sell trade below 1.2, then use 1.2 as stoploss and 1.1 as target. However if you take a buy trade in stock , then use 1.2 as stoploss and 1.26 as target.
Share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Target | 1.11 |
| Downside Target | 1.15 |
| Upside Target | 1.23 |
| Upside Target | 1.31 |
| Upside Target | 1.35 |
| Upside Target | 1.36 |
| Upside Target | 1.44 |
| Upside Target | 1.47 |
| Upside Target | 1.56 |
| Upside Target | 1.59 |
| Upside Target | 1.78 |
Intraday share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Intraday Target | 1.14 |
| Downside Intraday Target | 1.11 |
| Upside Intraday Target | 1.22 |
| Upside Intraday Target | 1.27 |
| Upside Intraday Target | 1.19 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 1.18 | 1.19 | 1.23 | 1.15 | 0.323 times |
| 31 Fri May 2024 | 1.15 | 1.28 | 1.28 | 1.11 | 1.395 times |
| 23 Thu May 2024 | 1.26 | 1.26 | 1.31 | 1.24 | 0.729 times |
| 17 Fri May 2024 | 1.30 | 1.30 | 1.36 | 1.27 | 0.544 times |
| 10 Fri May 2024 | 1.29 | 1.42 | 1.44 | 1.23 | 1.494 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of American Resources (AREC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 1.18 | 1.19 | 1.23 | 1.15 | 0.061 times |
| 31 Fri May 2024 | 1.15 | 1.48 | 1.56 | 1.11 | 1.114 times |
| 30 Tue Apr 2024 | 1.43 | 1.42 | 1.59 | 1.24 | 1.029 times |
| 28 Thu Mar 2024 | 1.41 | 1.44 | 1.78 | 1.35 | 1.506 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of American Resources (AREC)
Price action analysis of American Resources ( (AREC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of American Resources ( (AREC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of American Resources ( (AREC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of American Resources ( (AREC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for American Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for American Resources in short term and the sell signal is strong.
American Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for American Resources in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of American Resources is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.21 and American Resources (AREC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the American Resources (AREC) stock. Volume based technical analysis of American Resources (AREC) stock is negative.
American Resources Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of American Resources ( (AREC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of American Resources ( (AREC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of American Resources ( (AREC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of American Resources ( (AREC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for American Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for American Resources in short term and the sell signal is strong.
American Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for American Resources in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of American Resources is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.21 and American Resources (AREC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the American Resources (AREC) stock. Volume based technical analysis of American Resources (AREC) stock is negative.
American Resources Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.