(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 2024-01-29 View latest technical analysis
10 day averaged volume of American Resources is 240570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jan 2024 | 1.46 | 1.44 | 1.48 | 1.41 | 0.555 times |
| 26 Fri Jan 2024 | 1.48 | 1.47 | 1.49 | 1.42 | 0.548 times |
| 25 Thu Jan 2024 | 1.48 | 1.45 | 1.48 | 1.38 | 1.505 times |
| 24 Wed Jan 2024 | 1.45 | 1.46 | 1.47 | 1.43 | 0.696 times |
| 23 Tue Jan 2024 | 1.47 | 1.48 | 1.50 | 1.42 | 2.317 times |
| 22 Mon Jan 2024 | 1.50 | 1.47 | 1.52 | 1.42 | 0.846 times |
| 19 Fri Jan 2024 | 1.49 | 1.44 | 1.50 | 1.42 | 0.478 times |
| 18 Thu Jan 2024 | 1.47 | 1.47 | 1.47 | 1.43 | 0.466 times |
| 17 Wed Jan 2024 | 1.49 | 1.45 | 1.51 | 1.40 | 1.445 times |
| 16 Tue Jan 2024 | 1.46 | 1.51 | 1.52 | 1.42 | 1.028 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.5, but if it comes above 1.5, then a intra day buy could be more profitable.
If you take a sell trade below 1.5, then use 1.5 as stoploss and 1.4 as target. However if you take a buy trade in stock , then use 1.5 as stoploss and 1.52 as target.
Share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Target | 1.20 |
| Downside Target | 1.31 |
| Downside Target | 1.38 |
| Downside Target | 1.45 |
| Upside Target | 1.48 |
| Upside Target | 1.57 |
| Upside Target | 1.62 |
| Upside Target | 1.71 |
| Upside Target | 1.73 |
| Upside Target | 1.76 |
| Upside Target | 1.78 |
| Upside Target | 1.86 |
Intraday share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Intraday Target | 1.42 |
| Downside Intraday Target | 1.38 |
| Upside Intraday Target | 1.49 |
| Upside Intraday Target | 1.52 |
| Downside Intraday Target | 1.45 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jan 2024 | 1.46 | 1.44 | 1.48 | 1.41 | 0.094 times |
| 26 Fri Jan 2024 | 1.48 | 1.47 | 1.52 | 1.38 | 1.731 times |
| 19 Fri Jan 2024 | 1.49 | 1.51 | 1.52 | 1.40 | 5.092 times |
| 12 Fri Jan 2024 | 1.53 | 1.56 | 1.57 | 1.50 | 0.154 times |
| 12 Fri Jan 2024 | 1.53 | 1.60 | 1.62 | 1.45 | 0.888 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 |
| 29 Mon Jan 2024 | 1.46 | 1.50 | 1.71 | 1.38 | 0.968 times |
| 29 Fri Dec 2023 | 1.49 | 1.69 | 1.76 | 1.38 | 0.902 times |
| 30 Thu Nov 2023 | 1.67 | 1.46 | 1.86 | 1.21 | 1.552 times |
| 31 Tue Oct 2023 | 1.46 | 1.64 | 1.78 | 1.31 | 0.899 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 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 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 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 mid to longer 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.
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 and the sell signal is strong.
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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 1.48 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 positive
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 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 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 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 mid to longer 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.
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 and the sell signal is strong.
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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 1.48 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.