Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-08 View latest technical analysis

10 day averaged volume of American Resources is 354820

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	0.96	0.98	0.99	0.89	1.031 times
07 Mon Oct 2024	0.99	0.95	1.03	0.95	0.914 times
04 Fri Oct 2024	0.98	0.98	0.98	0.95	0.594 times
03 Thu Oct 2024	0.98	0.97	0.99	0.94	0.313 times
02 Wed Oct 2024	0.97	0.98	0.98	0.93	0.612 times
01 Tue Oct 2024	0.96	0.96	0.98	0.86	0.905 times
30 Mon Sep 2024	0.91	0.88	0.99	0.87	1.691 times
27 Fri Sep 2024	0.93	0.83	0.93	0.82	1.584 times
26 Thu Sep 2024	0.83	0.75	0.83	0.71	1.42 times
25 Wed Sep 2024	0.76	0.71	0.78	0.70	1.188 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.9, but if it comes below 0.9, then a intra day sell could be more profitable.
If you take a sell trade below 0.9, then use 0.9 as stoploss and 0.75 as target. However if you take a buy trade in stock , then use 0.9 as stoploss and 1.2 as target.

Share price targets for American Resources (AREC)

Target Type	Value
Downside Target	0.41
Downside Target	0.44
Downside Target	0.46
Downside Target	0.52
Downside Target	0.59
Downside Target	0.66
Downside Target	0.72
Downside Target	0.85
Downside Target	0.89
Downside Target	0.93
Upside Target	0.99
Upside Target	1.03
Upside Target	1.23

Intraday share price targets for American Resources (AREC)

Target Type	Value
Downside Intraday Target	0.89
Downside Intraday Target	0.82
Upside Intraday Target	1.03
Upside Intraday Target	1.1
Downside Intraday Target	0.96

Weekly technical analysis of American Resources (AREC)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	0.96	0.95	1.03	0.89	0.473 times
04 Fri Oct 2024	0.98	0.88	0.99	0.86	0.743 times
27 Fri Sep 2024	0.93	0.64	0.93	0.59	1.201 times
20 Fri Sep 2024	0.65	0.49	0.72	0.46	1.757 times
13 Fri Sep 2024	0.49	0.47	0.52	0.41	1.762 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
08 Tue Oct 2024	0.96	0.96	1.03	0.86	0.274 times
30 Mon Sep 2024	0.91	0.51	0.99	0.41	1.167 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of American Resources ( (AREC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of American Resources ( (AREC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of American Resources ( (AREC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.

American Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for American Resources in short term but SELL 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 0.91 and American Resources (AREC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.