(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 2024-10-10 View latest technical analysis
10 day averaged volume of American Resources is 388630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 1.13 | 1.10 | 1.15 | 1.02 | 1.128 times |
| 09 Wed Oct 2024 | 1.08 | 0.96 | 1.12 | 0.84 | 1.725 times |
| 08 Tue Oct 2024 | 0.96 | 0.98 | 0.99 | 0.89 | 0.942 times |
| 07 Mon Oct 2024 | 0.99 | 0.95 | 1.03 | 0.95 | 0.834 times |
| 04 Fri Oct 2024 | 0.98 | 0.98 | 0.98 | 0.95 | 0.543 times |
| 03 Thu Oct 2024 | 0.98 | 0.97 | 0.99 | 0.94 | 0.286 times |
| 02 Wed Oct 2024 | 0.97 | 0.98 | 0.98 | 0.93 | 0.559 times |
| 01 Tue Oct 2024 | 0.96 | 0.96 | 0.98 | 0.86 | 0.826 times |
| 30 Mon Sep 2024 | 0.91 | 0.88 | 0.99 | 0.87 | 1.544 times |
| 27 Fri Sep 2024 | 0.93 | 0.83 | 0.93 | 0.82 | 1.446 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 0.81 as target. However if you take a buy trade in stock , then use 1 as stoploss and 1.3 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 | 1.15 |
| Upside Target | 1.23 |
Intraday share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Intraday Target | 0.93 |
| Downside Intraday Target | 0.73 |
| Upside Intraday Target | 1.24 |
| Upside Intraday Target | 1.35 |
| Downside Intraday Target | 1.04 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 1.13 | 0.95 | 1.15 | 0.84 | 1.232 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 |
| 10 Thu Oct 2024 | 1.13 | 0.96 | 1.15 | 0.84 | 0.47 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing 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 stronger in this stock.
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
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 0.99 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing 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 stronger in this stock.
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
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 0.99 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.