(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 2024-11-18 View latest technical analysis
10 day averaged volume of American Resources is 407750
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 0.97 | 0.91 | 0.98 | 0.91 | 0.465 times |
| 15 Fri Nov 2024 | 0.90 | 0.95 | 1.04 | 0.84 | 1.191 times |
| 14 Thu Nov 2024 | 1.04 | 1.27 | 1.27 | 1.00 | 1.333 times |
| 13 Wed Nov 2024 | 1.23 | 1.12 | 1.27 | 1.11 | 2.275 times |
| 12 Tue Nov 2024 | 1.11 | 1.07 | 1.14 | 1.02 | 1.552 times |
| 11 Mon Nov 2024 | 1.05 | 1.04 | 1.05 | 0.98 | 0.944 times |
| 08 Fri Nov 2024 | 1.02 | 1.01 | 1.04 | 1.00 | 0.374 times |
| 07 Thu Nov 2024 | 1.03 | 1.05 | 1.05 | 0.99 | 0.522 times |
| 06 Wed Nov 2024 | 1.02 | 1.03 | 1.03 | 0.97 | 0.531 times |
| 05 Tue Nov 2024 | 1.01 | 1.00 | 1.02 | 0.96 | 0.824 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1, but if it comes above 1, then a intra day buy could be more profitable.
If you take a sell trade below 1, then use 1 as stoploss and 0.9 as target. However if you take a buy trade in stock , then use 1 as stoploss and 1.03 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 | 0.91 |
| Downside Target | 0.95 |
| Upside Target | 0.98 |
| Upside Target | 1.03 |
| Upside Target | 1.05 |
| Upside Target | 1.11 |
| Upside Target | 1.15 |
| Upside Target | 1.27 |
Intraday share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Intraday Target | 0.93 |
| Downside Intraday Target | 0.88 |
| Upside Intraday Target | 1 |
| Upside Intraday Target | 1.02 |
| Downside Intraday Target | 0.95 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 0.97 | 0.91 | 0.98 | 0.91 | 0.064 times |
| 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 |
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 |
| 18 Mon Nov 2024 | 0.97 | 1.04 | 1.27 | 0.84 | 0.722 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for American Resources in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for American Resources in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 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.