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(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 2024-07-31 View latest technical analysis

10 day averaged volume of American Resources is 292050

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	0.63	0.64	0.65	0.62	0.339 times
30 Tue Jul 2024	0.62	0.61	0.66	0.61	0.858 times
29 Mon Jul 2024	0.61	0.63	0.64	0.61	0.329 times
26 Fri Jul 2024	0.62	0.63	0.66	0.62	0.632 times
25 Thu Jul 2024	0.63	0.67	0.67	0.62	0.777 times
24 Wed Jul 2024	0.67	0.63	0.69	0.60	2.715 times
23 Tue Jul 2024	0.62	0.65	0.66	0.62	0.609 times
22 Mon Jul 2024	0.65	0.67	0.67	0.61	0.663 times
19 Fri Jul 2024	0.62	0.69	0.69	0.61	0.546 times
18 Thu Jul 2024	0.65	0.68	0.70	0.65	0.362 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 0.6 as stoploss in an intra day buy trade for a target of 0.67. However, stock will show a bearish move below 0.6.

Share price targets for American Resources (AREC)

Target Type	Value
Downside Target	0.59
Upside Target	0.66
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	0.61
Downside Intraday Target	0.58
Upside Intraday Target	0.66
Upside Intraday Target	0.68
Upside Intraday Target	0.63

Weekly technical analysis of American Resources (AREC)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	0.63	0.63	0.66	0.61	0.283 times
26 Fri Jul 2024	0.62	0.67	0.69	0.60	0.575 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

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
31 Wed Jul 2024	0.63	0.79	0.85	0.60	0.792 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 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 0.64 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.