(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 2024-03-21 View latest technical analysis
10 day averaged volume of American Resources is 220110
Date | Daily Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 1.53 | 1.58 | 1.60 | 1.48 | 1.195 times |
20 Wed Mar 2024 | 1.57 | 1.67 | 1.67 | 1.48 | 0.885 times |
19 Tue Mar 2024 | 1.69 | 1.78 | 1.78 | 1.68 | 1.846 times |
18 Mon Mar 2024 | 1.78 | 1.69 | 1.78 | 1.64 | 2.057 times |
15 Fri Mar 2024 | 1.64 | 1.64 | 1.65 | 1.60 | 0.919 times |
14 Thu Mar 2024 | 1.64 | 1.59 | 1.70 | 1.57 | 0.575 times |
13 Wed Mar 2024 | 1.60 | 1.58 | 1.65 | 1.58 | 0.572 times |
12 Tue Mar 2024 | 1.58 | 1.63 | 1.63 | 1.57 | 0.532 times |
11 Mon Mar 2024 | 1.65 | 1.67 | 1.71 | 1.60 | 0.465 times |
08 Fri Mar 2024 | 1.65 | 1.70 | 1.72 | 1.64 | 0.658 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1.4 or till 1.3. Use a stoploss of 1.56 and if the stock hits stoploss, then it can shoot up till 1.68
Share price targets for American Resources (AREC)
Target Type | Value |
Downside Target | 1.21 |
Downside Target | 1.26 |
Downside Target | 1.29 |
Downside Target | 1.32 |
Downside Target | 1.35 |
Downside Target | 1.38 |
Downside Target | 1.44 |
Upside Target | 1.57 |
Upside Target | 1.71 |
Upside Target | 1.75 |
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 | 1.41 |
Downside Intraday Target | 1.3 |
Upside Intraday Target | 1.71 |
Upside Intraday Target | 1.9 |
Upside Intraday Target | 1.6 |
Weekly technical analysis of American Resources (AREC)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 1.53 | 1.69 | 1.78 | 1.48 | 1.953 times |
15 Fri Mar 2024 | 1.64 | 1.67 | 1.71 | 1.57 | 0.525 times |
08 Fri Mar 2024 | 1.65 | 1.62 | 1.75 | 1.50 | 1.661 times |
01 Fri Mar 2024 | 1.59 | 1.32 | 1.59 | 1.32 | 1.431 times |
23 Fri Feb 2024 | 1.32 | 1.45 | 1.45 | 1.29 | 0.483 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of American Resources (AREC)
Date | Monthly Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 1.53 | 1.44 | 1.78 | 1.44 | 1.107 times |
29 Thu Feb 2024 | 1.40 | 1.40 | 1.47 | 1.26 | 0.633 times |
31 Wed Jan 2024 | 1.35 | 1.50 | 1.71 | 1.35 | 1.051 times |
29 Fri Dec 2023 | 1.49 | 1.69 | 1.76 | 1.38 | 0.902 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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. 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 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 1.65 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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. 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 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 1.65 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.