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(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 2024-10-07 View latest technical analysis

10 day averaged volume of American Resources is 342460

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	0.99	0.95	1.03	0.95	0.947 times
04 Fri Oct 2024	0.98	0.98	0.98	0.95	0.616 times
03 Thu Oct 2024	0.98	0.97	0.99	0.94	0.324 times
02 Wed Oct 2024	0.97	0.98	0.98	0.93	0.634 times
01 Tue Oct 2024	0.96	0.96	0.98	0.86	0.938 times
30 Mon Sep 2024	0.91	0.88	0.99	0.87	1.752 times
27 Fri Sep 2024	0.93	0.83	0.93	0.82	1.641 times
26 Thu Sep 2024	0.83	0.75	0.83	0.71	1.471 times
25 Wed Sep 2024	0.76	0.71	0.78	0.70	1.231 times
24 Tue Sep 2024	0.71	0.65	0.72	0.61	0.807 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.9, but if it comes below 0.9, then a intra day sell could be more profitable.
If you take a sell trade below 0.9, then use 0.9 as stoploss and 0.72 as target. However if you take a buy trade in stock , then use 0.9 as stoploss and 1.2 as target.

Share price targets for American Resources (AREC)

Target Type	Value
Downside Target	0.41
Downside Target	0.44
Downside Target	0.46
Downside Target	0.52
Downside Target	0.59
Downside Target	0.66
Downside Target	0.72
Downside Target	0.85
Downside Target	0.93
Downside Target	0.95
Downside Target	0.99
Upside Target	1.03
Upside Target	1.23

Intraday share price targets for American Resources (AREC)

Target Type	Value
Downside Intraday Target	0.95
Downside Intraday Target	0.91
Upside Intraday Target	1.03
Upside Intraday Target	1.07
Downside Intraday Target	0.99

Weekly technical analysis of American Resources (AREC)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	0.99	0.95	1.03	0.95	0.222 times
04 Fri Oct 2024	0.98	0.88	0.99	0.86	0.743 times
27 Fri Sep 2024	0.93	0.64	0.93	0.59	1.201 times
20 Fri Sep 2024	0.65	0.49	0.72	0.46	1.757 times
13 Fri Sep 2024	0.49	0.47	0.52	0.41	1.762 times

Price has moved up 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
07 Mon Oct 2024	0.99	0.96	1.03	0.86	0.209 times
30 Mon Sep 2024	0.91	0.51	0.99	0.41	1.167 times
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

Scroll below to view daily charts

Price has moved up 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 to mid 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 mid to longer 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.

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 and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

American Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for American Resources in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 0.89 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 rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.