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(ARLP) Alliance Resource complete technical analysis [charts+indicators] | Buy/Sell Alliance Resource | (ARLP) share price targets

Complete technical analysis of Alliance Resource (ARLP) by charts plus indicators, forecast predictions and share price targets for Alliance Resource (ARLP)

Alliance Resource trades in USA in Energy sector.

Showing technical analysis as on 2024-03-22 View latest technical analysis

10 day averaged volume of Alliance Resource is 360060

Date Daily Closing Price Open High Low Volume
22 Fri Mar 2024 19.71 19.96 20.06 19.65 0.703 times
21 Thu Mar 2024 19.99 19.80 20.18 19.80 0.708 times
20 Wed Mar 2024 19.96 19.77 20.02 19.67 0.86 times
19 Tue Mar 2024 19.89 19.78 19.91 19.71 0.613 times
18 Mon Mar 2024 19.71 19.70 19.76 19.45 0.833 times
15 Fri Mar 2024 19.76 19.79 19.94 19.45 1.211 times
14 Thu Mar 2024 19.65 19.37 19.65 19.28 1.141 times
13 Wed Mar 2024 19.17 19.80 19.85 19.16 1.063 times
12 Tue Mar 2024 19.61 20.03 20.03 19.52 0.945 times
11 Mon Mar 2024 19.93 20.00 20.00 19.68 1.731 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 19.9 as stoploss in an intra day sell trade for a target of 19.42. However, stock will show a bullish move above 19.9.

Share price targets for Alliance Resource (ARLP)

Target Type Value
Downside Target 18.32
Upside Target 20.00
Upside Target 20.03
Upside Target 20.18
Upside Target 20.77
Upside Target 21.50
Upside Target 22.50
Upside Target 24.00

Intraday share price targets for Alliance Resource (ARLP)

Target Type Value
Downside Intraday Target 19.38
Downside Intraday Target 19.05
Upside Intraday Target 20.11
Upside Intraday Target 20.51
Upside Intraday Target 19.78

Weekly technical analysis of Alliance Resource (ARLP)

Date Weekly Closing Price Open High Low Volume
22 Fri Mar 2024 19.71 19.70 20.18 19.45 0.61 times
15 Fri Mar 2024 19.76 20.00 20.03 19.16 0.933 times
08 Fri Mar 2024 19.91 18.84 19.96 18.32 1.092 times
01 Fri Mar 2024 18.81 19.00 19.25 18.78 1.054 times
23 Fri Feb 2024 19.00 19.54 19.66 18.86 0.769 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 Alliance Resource (ARLP)

Date Monthly Closing Price Open High Low Volume
22 Fri Mar 2024 19.71 19.12 20.18 18.32 0.569 times
29 Thu Feb 2024 19.00 21.21 21.50 18.83 0.969 times
31 Wed Jan 2024 21.01 21.35 22.50 20.00 1.064 times
29 Fri Dec 2023 21.18 20.93 21.50 18.45 1.245 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 Alliance Resource (ARLP)

Price action analysis of Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) based on a mid to longer 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.

ADX buy sell signal for Alliance Resource stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Alliance Resource in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Alliance Resource Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Alliance Resource in short term but SELL signal is weak.

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 Alliance Resource is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.73 and Alliance Resource (ARLP) 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 Alliance Resource (ARLP) stock. Volume based technical analysis of Alliance Resource (ARLP) stock is negative.

Alliance Resource 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) based on a mid to longer 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.

ADX buy sell signal for Alliance Resource stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Alliance Resource in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Alliance Resource Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Alliance Resource in short term but SELL signal is weak.

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 Alliance Resource is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.73 and Alliance Resource (ARLP) 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 Alliance Resource (ARLP) stock. Volume based technical analysis of Alliance Resource (ARLP) stock is negative.

Alliance Resource 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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