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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 2024-11-15 View latest technical analysis

10 day averaged volume of American Resources is 372520

Date Daily Closing Price Open High Low Volume
15 Fri Nov 2024 0.90 0.95 1.04 0.84 1.303 times
14 Thu Nov 2024 1.04 1.27 1.27 1.00 1.459 times
13 Wed Nov 2024 1.23 1.12 1.27 1.11 2.491 times
12 Tue Nov 2024 1.11 1.07 1.14 1.02 1.699 times
11 Mon Nov 2024 1.05 1.04 1.05 0.98 1.034 times
08 Fri Nov 2024 1.02 1.01 1.04 1.00 0.409 times
07 Thu Nov 2024 1.03 1.05 1.05 0.99 0.572 times
06 Wed Nov 2024 1.02 1.03 1.03 0.97 0.581 times
05 Tue Nov 2024 1.01 1.00 1.02 0.96 0.902 times
04 Mon Nov 2024 1.01 1.03 1.04 1.00 0.496 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.9, for a target of 1 or 1.04

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
Upside Target 0.93
Upside Target 0.95
Upside Target 0.99
Upside Target 1.03
Upside Target 1.11
Upside Target 1.13
Upside Target 1.15
Upside Target 1.27

Intraday share price targets for American Resources (AREC)

Target Type Value
Downside Intraday Target 0.74
Downside Intraday Target 0.57
Upside Intraday Target 1.17
Upside Intraday Target 1.43
Upside Intraday Target 1

Weekly technical analysis of American Resources (AREC)

Date Weekly Closing Price Open High Low Volume
15 Fri Nov 2024 0.90 1.04 1.27 0.84 2.697 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of American Resources (AREC)

Date Monthly Closing Price Open High Low Volume
15 Fri Nov 2024 0.90 1.04 1.27 0.84 0.691 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 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 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 to mid 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 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 gaining 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 getting stronger in this stock.

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 SELL signal in short term and selling is picking up 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 1.07 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 negative.

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 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 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 to mid 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 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 gaining 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 getting stronger in this stock.

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 SELL signal in short term and selling is picking up 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 1.07 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 negative.

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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