(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 2024-11-04 View latest technical analysis
10 day averaged volume of American Resources is 182940
Date | Daily Closing Price | Open | High | Low | Volume |
04 Mon Nov 2024 | 1.01 | 1.03 | 1.04 | 1.00 | 1.01 times |
01 Fri Nov 2024 | 1.05 | 1.04 | 1.07 | 1.00 | 0.728 times |
31 Thu Oct 2024 | 1.04 | 1.04 | 1.05 | 0.98 | 0.919 times |
30 Wed Oct 2024 | 1.06 | 1.11 | 1.11 | 1.05 | 0.508 times |
29 Tue Oct 2024 | 1.10 | 1.02 | 1.11 | 0.97 | 2.532 times |
28 Mon Oct 2024 | 1.02 | 1.03 | 1.03 | 0.96 | 0.702 times |
25 Fri Oct 2024 | 1.01 | 0.99 | 1.03 | 0.96 | 1.283 times |
24 Thu Oct 2024 | 0.98 | 1.02 | 1.02 | 0.95 | 1.026 times |
23 Wed Oct 2024 | 1.01 | 1.01 | 1.02 | 0.97 | 0.826 times |
22 Tue Oct 2024 | 1.02 | 1.00 | 1.02 | 0.99 | 0.725 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 1 as stoploss in an intra day buy trade for a target of 1.04. However, stock will show a bearish move below 1.
Share price targets for American Resources (AREC)
Target Type | Value |
Downside Target | 0.41 |
Downside Target | 0.44 |
Downside Target | 0.60 |
Downside Target | 0.66 |
Downside Target | 0.84 |
Downside Target | 0.93 |
Downside Target | 0.95 |
Downside Target | 0.99 |
Upside Target | 1.03 |
Upside Target | 1.07 |
Upside Target | 1.11 |
Upside Target | 1.13 |
Upside Target | 1.15 |
Intraday share price targets for American Resources (AREC)
Target Type | Value |
Downside Intraday Target | 0.99 |
Downside Intraday Target | 0.98 |
Upside Intraday Target | 1.03 |
Upside Intraday Target | 1.06 |
Upside Intraday Target | 1.02 |
Weekly technical analysis of American Resources (AREC)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Mon Nov 2024 | 1.01 | 1.03 | 1.04 | 1.00 | 0.187 times |
01 Fri Nov 2024 | 1.05 | 1.03 | 1.11 | 0.96 | 1.169 times |
25 Fri Oct 2024 | 1.01 | 1.00 | 1.03 | 0.95 | 0.599 times |
18 Fri Oct 2024 | 1.00 | 1.12 | 1.13 | 0.93 | 0.66 times |
11 Fri Oct 2024 | 1.13 | 0.95 | 1.15 | 0.84 | 1.46 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 |
04 Mon Nov 2024 | 1.01 | 1.04 | 1.07 | 1.00 | 0.052 times |
31 Thu Oct 2024 | 1.04 | 0.96 | 1.15 | 0.84 | 1.077 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 SELL signal for American Resources in short term but the sell signal is initial and weak.
American Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for American Resources in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 1.04 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 SELL signal for American Resources in short term but the sell signal is initial and weak.
American Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for American Resources in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 1.04 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.