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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 2024-11-11 View latest technical analysis

10 day averaged volume of American Resources is 208870

Date Daily Closing Price Open High Low Volume
11 Mon Nov 2024 1.05 1.04 1.05 0.98 1.843 times
08 Fri Nov 2024 1.02 1.01 1.04 1.00 0.73 times
07 Thu Nov 2024 1.03 1.05 1.05 0.99 1.02 times
06 Wed Nov 2024 1.02 1.03 1.03 0.97 1.037 times
05 Tue Nov 2024 1.01 1.00 1.02 0.96 1.608 times
04 Mon Nov 2024 1.01 1.03 1.04 1.00 0.885 times
01 Fri Nov 2024 1.05 1.04 1.07 1.00 0.638 times
31 Thu Oct 2024 1.04 1.04 1.05 0.98 0.805 times
30 Wed Oct 2024 1.06 1.11 1.11 1.05 0.445 times
29 Tue Oct 2024 1.10 1.02 1.11 0.97 2.218 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 1.02 as target. However if you take a buy trade in stock , then use 1 as stoploss and 1.1 as target.

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 0.98
Downside Target 1.03
Downside Target 1.05
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 1
Downside Intraday Target 0.96
Upside Intraday Target 1.07
Upside Intraday Target 1.1
Downside Intraday Target 1.03

Weekly technical analysis of American Resources (AREC)

Date Weekly Closing Price Open High Low Volume
11 Mon Nov 2024 1.05 1.04 1.05 0.98 0.349 times
08 Fri Nov 2024 1.02 1.03 1.05 0.96 1.119 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

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
11 Mon Nov 2024 1.05 1.04 1.07 0.96 0.266 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 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 neutral. A longer time frame might give a better analysis.

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 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 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. Bears are weakening, and bulls 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1.04 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 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 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 neutral. A longer time frame might give a better analysis.

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 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 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. Bears are weakening, and bulls 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1.04 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 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 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.

Daily charts

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Daily chart
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