Mobile app version of munafa.biz
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-21 View latest technical analysis

10 day averaged volume of American Resources is 400360

Date Daily Closing Price Open High Low Volume
21 Thu Nov 2024 1.08 1.07 1.15 1.04 0.857 times
20 Wed Nov 2024 1.06 1.15 1.15 1.02 0.553 times
19 Tue Nov 2024 1.13 1.00 1.15 1.00 0.631 times
18 Mon Nov 2024 0.97 0.91 0.98 0.91 0.473 times
15 Fri Nov 2024 0.90 0.95 1.04 0.84 1.213 times
14 Thu Nov 2024 1.04 1.27 1.27 1.00 1.358 times
13 Wed Nov 2024 1.23 1.12 1.27 1.11 2.317 times
12 Tue Nov 2024 1.11 1.07 1.14 1.02 1.581 times
11 Mon Nov 2024 1.05 1.04 1.05 0.98 0.962 times
08 Fri Nov 2024 1.02 1.01 1.04 1.00 0.381 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1.1 as stoploss in an intra day sell trade for a target of 1.05. However, stock will show a bullish move above 1.1.

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 0.91
Downside Target 0.95
Downside Target 0.99
Downside Target 1.03
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 0.94
Downside Intraday Target 0.81
Upside Intraday Target 1.18
Upside Intraday Target 1.29
Downside Intraday Target 1.05

Weekly technical analysis of American Resources (AREC)

Date Weekly Closing Price Open High Low Volume
21 Thu Nov 2024 1.08 0.91 1.15 0.91 0.338 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
21 Thu Nov 2024 1.08 1.04 1.27 0.84 0.856 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 SELL signal in short term and selling is picking up 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 1.08 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 is giving positive 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 SELL signal in short term and selling is picking up 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 1.08 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 is giving positive 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme