(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 2024-06-20 View latest technical analysis
10 day averaged volume of American Resources is 1036860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 0.83 | 0.84 | 0.84 | 0.80 | 0.297 times |
| 18 Tue Jun 2024 | 0.84 | 0.84 | 0.86 | 0.82 | 0.288 times |
| 18 Tue Jun 2024 | 0.84 | 0.84 | 0.86 | 0.82 | 0.288 times |
| 17 Mon Jun 2024 | 0.85 | 0.90 | 0.94 | 0.83 | 0.466 times |
| 14 Fri Jun 2024 | 0.89 | 0.85 | 1.15 | 0.80 | 5.953 times |
| 13 Thu Jun 2024 | 0.74 | 1.00 | 1.01 | 0.59 | 1.847 times |
| 12 Wed Jun 2024 | 1.00 | 1.11 | 1.12 | 1.00 | 0.464 times |
| 11 Tue Jun 2024 | 1.11 | 1.10 | 1.13 | 1.10 | 0.158 times |
| 10 Mon Jun 2024 | 1.10 | 1.14 | 1.16 | 1.10 | 0.287 times |
| 07 Fri Jun 2024 | 1.15 | 1.15 | 1.17 | 1.14 | 0.136 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.9, but if it comes above 0.9, then a intra day buy could be more profitable.
If you take a sell trade below 0.9, then use 0.9 as stoploss and 0.7 as target. However if you take a buy trade in stock , then use 0.9 as stoploss and 1.07 as target.
Share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Target | 0.59 |
| Downside Target | 0.80 |
| Downside Target | 0.82 |
| Upside Target | 0.86 |
| Upside Target | 0.94 |
| Upside Target | 1.11 |
| Upside Target | 1.14 |
| Upside Target | 1.23 |
| Upside Target | 1.28 |
| Upside Target | 1.35 |
| Upside Target | 1.47 |
| Upside Target | 1.56 |
| Upside Target | 1.59 |
| Upside Target | 1.78 |
Intraday share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Intraday Target | 0.8 |
| Downside Intraday Target | 0.77 |
| Upside Intraday Target | 0.86 |
| Upside Intraday Target | 0.89 |
| Upside Intraday Target | 0.83 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 0.83 | 0.84 | 0.86 | 0.80 | 0.777 times |
| 18 Tue Jun 2024 | 0.84 | 0.90 | 0.94 | 0.82 | 0.087 times |
| 14 Fri Jun 2024 | 0.89 | 1.14 | 1.16 | 0.59 | 13.259 times |
| 07 Fri Jun 2024 | 1.15 | 1.19 | 1.23 | 1.14 | 0.637 times |
| 31 Fri May 2024 | 1.15 | 1.28 | 1.28 | 1.11 | 1.395 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 |
| 20 Thu Jun 2024 | 0.83 | 1.19 | 1.23 | 0.59 | 1.965 times |
| 31 Fri May 2024 | 1.15 | 1.48 | 1.56 | 1.11 | 1.114 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 |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 0.87 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 0.87 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.