(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 2024-10-09 View latest technical analysis
10 day averaged volume of American Resources is 363760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 1.08 | 0.96 | 1.12 | 0.84 | 1.843 times |
| 08 Tue Oct 2024 | 0.96 | 0.98 | 0.99 | 0.89 | 1.006 times |
| 07 Mon Oct 2024 | 0.99 | 0.95 | 1.03 | 0.95 | 0.891 times |
| 04 Fri Oct 2024 | 0.98 | 0.98 | 0.98 | 0.95 | 0.58 times |
| 03 Thu Oct 2024 | 0.98 | 0.97 | 0.99 | 0.94 | 0.305 times |
| 02 Wed Oct 2024 | 0.97 | 0.98 | 0.98 | 0.93 | 0.597 times |
| 01 Tue Oct 2024 | 0.96 | 0.96 | 0.98 | 0.86 | 0.883 times |
| 30 Mon Sep 2024 | 0.91 | 0.88 | 0.99 | 0.87 | 1.649 times |
| 27 Fri Sep 2024 | 0.93 | 0.83 | 0.93 | 0.82 | 1.545 times |
| 26 Thu Sep 2024 | 0.83 | 0.75 | 0.83 | 0.71 | 1.385 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1, but if it comes below 1, then a intra day sell could be more profitable.
If you take a sell trade below 1, then use 1 as stoploss and 0.78 as target. However if you take a buy trade in stock , then use 1 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 | 0.84 |
| Downside Target | 0.93 |
| Downside Target | 0.99 |
| Upside Target | 1.12 |
| Upside Target | 1.23 |
Intraday share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Intraday Target | 0.91 |
| Downside Intraday Target | 0.73 |
| Upside Intraday Target | 1.19 |
| Upside Intraday Target | 1.29 |
| Downside Intraday Target | 1.01 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 1.08 | 0.95 | 1.12 | 0.84 | 0.932 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 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 |
| 09 Wed Oct 2024 | 1.08 | 0.96 | 1.12 | 0.84 | 0.392 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for American Resources in short term and the buy signal is strong.
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 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 moving up
CCI has generated a buy signal for American Resources in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 0.96 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.
Price action analysis of American Resources ( (AREC) ) based on a short 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for American Resources in short term and the buy signal is strong.
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 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 moving up
CCI has generated a buy signal for American Resources in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 0.96 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.