(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 2024-08-09 View latest technical analysis
10 day averaged volume of American Resources is 252690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 0.48 | 0.52 | 0.53 | 0.47 | 1.737 times |
| 08 Thu Aug 2024 | 0.51 | 0.51 | 0.55 | 0.48 | 1.317 times |
| 07 Wed Aug 2024 | 0.51 | 0.57 | 0.59 | 0.50 | 1.747 times |
| 06 Tue Aug 2024 | 0.54 | 0.53 | 0.59 | 0.53 | 0.787 times |
| 05 Mon Aug 2024 | 0.53 | 0.61 | 0.62 | 0.53 | 1.492 times |
| 02 Fri Aug 2024 | 0.58 | 0.63 | 0.63 | 0.57 | 1.285 times |
| 01 Thu Aug 2024 | 0.63 | 0.65 | 0.66 | 0.61 | 0.876 times |
| 31 Wed Jul 2024 | 0.63 | 0.64 | 0.65 | 0.62 | 0.391 times |
| 30 Tue Jul 2024 | 0.62 | 0.61 | 0.66 | 0.61 | 0.992 times |
| 29 Mon Jul 2024 | 0.61 | 0.63 | 0.64 | 0.61 | 0.381 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.5, for a target of 0.6 or 0.61
Share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Target | 0.47 |
| Upside Target | 0.57 |
| Upside Target | 0.59 |
| Upside Target | 0.66 |
| Upside Target | 0.69 |
| Upside Target | 0.82 |
| Upside Target | 0.84 |
| Upside Target | 0.85 |
| Upside Target | 1.11 |
| Upside Target | 1.23 |
| Upside Target | 1.24 |
| Upside Target | 1.56 |
| Upside Target | 1.59 |
Intraday share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Intraday Target | 0.43 |
| Downside Intraday Target | 0.37 |
| Upside Intraday Target | 0.58 |
| Upside Intraday Target | 0.67 |
| Upside Intraday Target | 0.52 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 0.48 | 0.61 | 0.62 | 0.47 | 1.804 times |
| 02 Fri Aug 2024 | 0.58 | 0.63 | 0.66 | 0.57 | 0.629 times |
| 26 Fri Jul 2024 | 0.62 | 0.67 | 0.69 | 0.60 | 0.575 times |
| 19 Fri Jul 2024 | 0.62 | 0.79 | 0.82 | 0.61 | 1.04 times |
| 12 Fri Jul 2024 | 0.78 | 0.64 | 0.84 | 0.60 | 4.308 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 |
| 09 Fri Aug 2024 | 0.48 | 0.65 | 0.66 | 0.47 | 0.219 times |
| 31 Wed Jul 2024 | 0.63 | 0.79 | 0.85 | 0.60 | 0.792 times |
| 28 Fri Jun 2024 | 0.73 | 1.19 | 1.23 | 0.59 | 2.379 times |
| 31 Fri May 2024 | 1.15 | 1.48 | 1.56 | 1.11 | 1.114 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 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 BUY signal for American Resources in short term but the buy signal is initial and weak.
American Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 0.55 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 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 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 BUY signal for American Resources in short term but the buy signal is initial and weak.
American Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 0.55 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.