(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 2024-08-28 View latest technical analysis
10 day averaged volume of American Resources is 159599
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 0.53 | 0.54 | 0.55 | 0.51 | 1.281 times |
| 27 Tue Aug 2024 | 0.55 | 0.55 | 0.55 | 0.53 | 0.544 times |
| 26 Mon Aug 2024 | 0.56 | 0.53 | 0.56 | 0.53 | 0.612 times |
| 23 Fri Aug 2024 | 0.56 | 0.53 | 0.56 | 0.53 | 0.722 times |
| 22 Thu Aug 2024 | 0.53 | 0.52 | 0.55 | 0.52 | 0.554 times |
| 21 Wed Aug 2024 | 0.53 | 0.55 | 0.57 | 0.53 | 0.815 times |
| 20 Tue Aug 2024 | 0.54 | 0.53 | 0.57 | 0.51 | 1.87 times |
| 19 Mon Aug 2024 | 0.56 | 0.63 | 0.64 | 0.55 | 1.685 times |
| 16 Fri Aug 2024 | 0.62 | 0.59 | 0.62 | 0.56 | 0.885 times |
| 15 Thu Aug 2024 | 0.60 | 0.54 | 0.60 | 0.52 | 1.39 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 0.54 and if the stock hits stoploss, then it can shoot up till 0.58
Share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Target | 0.44 |
| Downside Target | 0.47 |
| Downside Target | 0.51 |
| Upside Target | 0.56 |
| Upside Target | 0.59 |
| Upside Target | 0.62 |
| Upside Target | 0.64 |
| Upside Target | 0.66 |
| 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 | 0.51 |
| Downside Intraday Target | 0.48 |
| Upside Intraday Target | 0.56 |
| Upside Intraday Target | 0.58 |
| Upside Intraday Target | 0.53 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 0.53 | 0.53 | 0.56 | 0.51 | 0.432 times |
| 23 Fri Aug 2024 | 0.56 | 0.63 | 0.64 | 0.51 | 1.098 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 |
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 |
| 28 Wed Aug 2024 | 0.53 | 0.65 | 0.66 | 0.44 | 0.417 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 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 short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of American Resources ( (AREC) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of American Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.56 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 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 short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of American Resources ( (AREC) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of American Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.56 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.