Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-30 View latest technical analysis

10 day averaged volume of American Resources is 155529

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	0.51	0.51	0.53	0.49	0.894 times
30 Fri Aug 2024	0.51	0.51	0.53	0.49	0.894 times
29 Thu Aug 2024	0.51	0.54	0.54	0.50	0.812 times
28 Wed Aug 2024	0.53	0.54	0.55	0.51	1.314 times
27 Tue Aug 2024	0.55	0.55	0.55	0.53	0.558 times
26 Mon Aug 2024	0.56	0.53	0.56	0.53	0.628 times
23 Fri Aug 2024	0.56	0.53	0.56	0.53	0.741 times
22 Thu Aug 2024	0.53	0.52	0.55	0.52	0.568 times
21 Wed Aug 2024	0.53	0.55	0.57	0.53	0.836 times
20 Tue Aug 2024	0.54	0.53	0.57	0.51	1.919 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.5 as stoploss in an intra day buy trade for a target of 0.53. However, stock will show a bearish move below 0.5.

Share price targets for American Resources (AREC)

Target Type	Value
Downside Target	0.44
Downside Target	0.47
Downside Target	0.49
Downside Target	0.51
Upside Target	0.53
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	0.49
Downside Intraday Target	0.47
Upside Intraday Target	0.53
Upside Intraday Target	0.55
Downside Intraday Target	0.51

Weekly technical analysis of American Resources (AREC)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	0.51	0.51	0.53	0.49	0.212 times
30 Fri Aug 2024	0.51	0.53	0.56	0.49	0.726 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

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
30 Fri Aug 2024	0.51	0.65	0.66	0.44	0.455 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 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 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 weakening, and bulls are picking up momentum!

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

RSI is generating a BUY signal in short term but buying is losing 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 0.53 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.