(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 2024-07-24 View latest technical analysis
10 day averaged volume of American Resources is 474170
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Jul 2024 | 0.67 | 0.63 | 0.69 | 0.60 | 1.672 times |
| 23 Tue Jul 2024 | 0.62 | 0.65 | 0.66 | 0.62 | 0.375 times |
| 22 Mon Jul 2024 | 0.65 | 0.67 | 0.67 | 0.61 | 0.408 times |
| 19 Fri Jul 2024 | 0.62 | 0.69 | 0.69 | 0.61 | 0.336 times |
| 18 Thu Jul 2024 | 0.65 | 0.68 | 0.70 | 0.65 | 0.223 times |
| 17 Wed Jul 2024 | 0.67 | 0.68 | 0.73 | 0.64 | 1.545 times |
| 16 Tue Jul 2024 | 0.67 | 0.73 | 0.75 | 0.67 | 1.515 times |
| 15 Mon Jul 2024 | 0.69 | 0.79 | 0.82 | 0.66 | 2.167 times |
| 12 Fri Jul 2024 | 0.78 | 0.73 | 0.81 | 0.70 | 1.447 times |
| 11 Thu Jul 2024 | 0.69 | 0.78 | 0.80 | 0.68 | 1.224 times |
My analysis of stock is bearish for shortterm, and stock might move down till 0.6 or till 0.6. Use a stoploss of 0.69 and if the stock hits stoploss, then it can shoot up till 0.74
Share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Target | 0.59 |
| Upside Target | 0.69 |
| Upside Target | 0.71 |
| Upside Target | 0.82 |
| Upside Target | 0.84 |
| Upside Target | 1.11 |
| Upside Target | 1.23 |
| Upside Target | 1.24 |
| Upside Target | 1.35 |
| 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 | 0.62 |
| Downside Intraday Target | 0.56 |
| Upside Intraday Target | 0.71 |
| Upside Intraday Target | 0.74 |
| Downside Intraday Target | 0.65 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Jul 2024 | 0.67 | 0.67 | 0.69 | 0.60 | 0.424 times |
| 19 Fri Jul 2024 | 0.62 | 0.79 | 0.82 | 0.61 | 1.04 times |
| 12 Fri Jul 2024 | 0.78 | 0.64 | 0.84 | 0.60 | 4.308 times |
| 05 Fri Jul 2024 | 0.64 | 0.71 | 0.71 | 0.61 | 0.232 times |
| 03 Wed Jul 2024 | 0.66 | 0.79 | 0.85 | 0.62 | 1.474 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 |
| 24 Wed Jul 2024 | 0.67 | 0.79 | 0.85 | 0.60 | 0.729 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY signal for American Resources in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for American Resources in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of American Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.69 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY signal for American Resources in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for American Resources in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of American Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.69 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.