(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 2024-08-19 View latest technical analysis
10 day averaged volume of American Resources is 260970
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 0.56 | 0.63 | 0.64 | 0.55 | 1.03 times |
| 16 Fri Aug 2024 | 0.62 | 0.59 | 0.62 | 0.56 | 0.541 times |
| 15 Thu Aug 2024 | 0.60 | 0.54 | 0.60 | 0.52 | 0.85 times |
| 14 Wed Aug 2024 | 0.55 | 0.48 | 0.56 | 0.48 | 0.564 times |
| 13 Tue Aug 2024 | 0.48 | 0.45 | 0.48 | 0.44 | 0.613 times |
| 12 Mon Aug 2024 | 0.46 | 0.48 | 0.50 | 0.44 | 0.575 times |
| 09 Fri Aug 2024 | 0.48 | 0.52 | 0.53 | 0.47 | 1.681 times |
| 08 Thu Aug 2024 | 0.51 | 0.51 | 0.55 | 0.48 | 1.275 times |
| 07 Wed Aug 2024 | 0.51 | 0.57 | 0.59 | 0.50 | 1.692 times |
| 06 Tue Aug 2024 | 0.54 | 0.53 | 0.59 | 0.53 | 0.762 times |
My analysis of stock is bearish for shortterm, and stock might move down till 0.5 or till 0.4. Use a stoploss of 0.57 and if the stock hits stoploss, then it can shoot up till 0.63
Share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Target | 0.44 |
| Downside Target | 0.47 |
| Downside Target | 0.55 |
| Upside Target | 0.57 |
| Upside Target | 0.59 |
| Upside Target | 0.62 |
| Upside Target | 0.64 |
| Upside Target | 0.66 |
| Upside Target | 0.69 |
| 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 | 0.53 |
| Downside Intraday Target | 0.49 |
| Upside Intraday Target | 0.62 |
| Upside Intraday Target | 0.67 |
| Upside Intraday Target | 0.58 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 0.56 | 0.63 | 0.64 | 0.55 | 0.328 times |
| 16 Fri Aug 2024 | 0.62 | 0.48 | 0.62 | 0.44 | 0.459 times |
| 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 |
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 |
| 19 Mon Aug 2024 | 0.56 | 0.65 | 0.66 | 0.44 | 0.321 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 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 short 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying 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 0.52 and American Resources (AREC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 short 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying 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 0.52 and American Resources (AREC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.