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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 2024-09-11 View latest technical analysis

10 day averaged volume of American Resources is 160430

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	0.46	0.43	0.49	0.43	0.984 times
10 Tue Sep 2024	0.42	0.45	0.46	0.41	1.128 times
09 Mon Sep 2024	0.44	0.47	0.48	0.43	1.785 times
06 Fri Sep 2024	0.46	0.49	0.49	0.45	0.963 times
05 Thu Sep 2024	0.48	0.49	0.50	0.48	0.274 times
04 Wed Sep 2024	0.49	0.50	0.50	0.47	0.599 times
03 Tue Sep 2024	0.51	0.51	0.51	0.47	1.457 times
30 Fri Aug 2024	0.51	0.51	0.53	0.49	0.866 times
30 Fri Aug 2024	0.51	0.51	0.53	0.49	0.866 times
29 Thu Aug 2024	0.51	0.54	0.54	0.50	0.787 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.5, but if it comes above 0.5, then a intra day buy could be more profitable.
If you take a sell trade below 0.5, then use 0.5 as stoploss and 0.4 as target. However if you take a buy trade in stock , then use 0.5 as stoploss and 0.52 as target.

Share price targets for American Resources (AREC)

Target Type	Value
Downside Target	0.41
Downside Target	0.44
Downside Target	0.45
Upside Target	0.49
Upside Target	0.51
Upside Target	0.53
Upside Target	0.56
Upside Target	0.59
Upside Target	0.64
Upside Target	0.66
Upside Target	0.85
Upside Target	1.11
Upside Target	1.23
Upside Target	1.56

Intraday share price targets for American Resources (AREC)

Target Type	Value
Downside Intraday Target	0.42
Downside Intraday Target	0.37
Upside Intraday Target	0.5
Upside Intraday Target	0.53
Downside Intraday Target	0.45

Weekly technical analysis of American Resources (AREC)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	0.46	0.47	0.49	0.41	1.183 times
06 Fri Sep 2024	0.46	0.51	0.51	0.45	3.801 times
30 Fri Aug 2024	0.51	0.51	0.53	0.49	0.212 times
30 Fri Aug 2024	0.51	0.53	0.56	0.49	0.726 times
23 Fri Aug 2024	0.56	0.63	0.64	0.51	1.098 times

Price has moved down 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
11 Wed Sep 2024	0.46	0.51	0.51	0.41	0.238 times
30 Fri Aug 2024	0.51	0.65	0.66	0.44	0.455 times
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

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.

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

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 0.47 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.