(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.
10 day averaged volume of American Resources is 299280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 1.40 | 1.53 | 1.56 | 1.39 | 1.33 times |
| 02 Thu May 2024 | 1.52 | 1.50 | 1.54 | 1.48 | 0.382 times |
| 01 Wed May 2024 | 1.46 | 1.48 | 1.56 | 1.43 | 1.056 times |
| 30 Tue Apr 2024 | 1.43 | 1.47 | 1.47 | 1.38 | 0.846 times |
| 29 Mon Apr 2024 | 1.47 | 1.54 | 1.55 | 1.42 | 0.712 times |
| 26 Fri Apr 2024 | 1.55 | 1.45 | 1.59 | 1.45 | 1.933 times |
| 25 Thu Apr 2024 | 1.44 | 1.44 | 1.44 | 1.40 | 0.624 times |
| 24 Wed Apr 2024 | 1.42 | 1.39 | 1.44 | 1.35 | 1.013 times |
| 23 Tue Apr 2024 | 1.36 | 1.29 | 1.39 | 1.28 | 1.133 times |
| 22 Mon Apr 2024 | 1.28 | 1.35 | 1.39 | 1.24 | 1.488 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1.3 or till 1.3. Use a stoploss of 1.41 and if the stock hits stoploss, then it can shoot up till 1.47
Share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Target | 1.24 |
| Downside Target | 1.31 |
| Downside Target | 1.38 |
| Upside Target | 1.42 |
| Upside Target | 1.45 |
| Upside Target | 1.47 |
| Upside Target | 1.56 |
| Upside Target | 1.59 |
| Upside Target | 1.71 |
| Upside Target | 1.78 |
Intraday share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Intraday Target | 1.33 |
| Downside Intraday Target | 1.27 |
| Upside Intraday Target | 1.51 |
| Upside Intraday Target | 1.63 |
| Upside Intraday Target | 1.45 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 1.40 | 1.54 | 1.56 | 1.38 | 0.699 times |
| 26 Fri Apr 2024 | 1.55 | 1.35 | 1.59 | 1.24 | 2.763 times |
| 19 Fri Apr 2024 | 1.35 | 1.41 | 1.42 | 1.34 | 0.878 times |
| 12 Fri Apr 2024 | 1.39 | 1.41 | 1.44 | 1.33 | 0.58 times |
| 05 Fri Apr 2024 | 1.40 | 1.42 | 1.45 | 1.31 | 1.226 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 American Resources (AREC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 1.40 | 1.48 | 1.56 | 1.39 | 0.163 times |
| 30 Tue Apr 2024 | 1.43 | 1.42 | 1.59 | 1.24 | 1.029 times |
| 28 Thu Mar 2024 | 1.41 | 1.44 | 1.78 | 1.35 | 1.506 times |
| 29 Thu Feb 2024 | 1.40 | 1.40 | 1.47 | 1.26 | 0.633 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 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 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 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 BUY signal for American Resources in short term but the buy 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for American Resources 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 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 1.43 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 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 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 BUY signal for American Resources in short term but the buy 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for American Resources 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 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 1.43 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.