(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 2024-06-28 View latest technical analysis
10 day averaged volume of American Resources is 955810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 0.73 | 0.69 | 0.75 | 0.67 | 0.361 times |
| 27 Thu Jun 2024 | 0.69 | 0.71 | 0.74 | 0.67 | 0.459 times |
| 26 Wed Jun 2024 | 0.71 | 0.75 | 0.75 | 0.70 | 0.112 times |
| 25 Tue Jun 2024 | 0.75 | 0.80 | 0.81 | 0.72 | 0.268 times |
| 24 Mon Jun 2024 | 0.79 | 0.74 | 0.80 | 0.65 | 0.672 times |
| 21 Fri Jun 2024 | 0.73 | 0.84 | 0.84 | 0.70 | 0.579 times |
| 20 Thu Jun 2024 | 0.83 | 0.84 | 0.84 | 0.80 | 0.323 times |
| 18 Tue Jun 2024 | 0.84 | 0.84 | 0.86 | 0.82 | 0.313 times |
| 18 Tue Jun 2024 | 0.84 | 0.84 | 0.86 | 0.82 | 0.313 times |
| 17 Mon Jun 2024 | 0.85 | 0.90 | 0.94 | 0.83 | 0.505 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.7 as stoploss in an intra day buy trade for a target of 0.92. However, stock will show a bearish move below 0.7.
Share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Target | 0.59 |
| Downside Target | 0.65 |
| Downside Target | 0.70 |
| Upside Target | 0.81 |
| Upside Target | 0.86 |
| Upside Target | 0.94 |
| Upside Target | 1.11 |
| Upside Target | 1.14 |
| Upside Target | 1.23 |
| Upside Target | 1.35 |
| 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 | 0.65 |
| Downside Intraday Target | 0.57 |
| Upside Intraday Target | 0.81 |
| Upside Intraday Target | 0.89 |
| Downside Intraday Target | 0.73 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 0.73 | 0.74 | 0.81 | 0.65 | 1.542 times |
| 21 Fri Jun 2024 | 0.73 | 0.84 | 0.86 | 0.70 | 1.484 times |
| 18 Tue Jun 2024 | 0.84 | 0.90 | 0.94 | 0.82 | 0.087 times |
| 14 Fri Jun 2024 | 0.89 | 1.14 | 1.16 | 0.59 | 13.259 times |
| 07 Fri Jun 2024 | 1.15 | 1.19 | 1.23 | 1.14 | 0.637 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of American Resources (AREC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 0.73 | 1.19 | 1.23 | 0.59 | 2.379 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 down this month, and volume has increased substantially. This means that the move can 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for American Resources in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 0.78 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for American Resources in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 0.78 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.