(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.
10 day averaged volume of American Resources is 180330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 1.42 | 1.39 | 1.44 | 1.35 | 1.682 times |
| 23 Tue Apr 2024 | 1.36 | 1.29 | 1.39 | 1.28 | 1.88 times |
| 22 Mon Apr 2024 | 1.28 | 1.35 | 1.39 | 1.24 | 2.47 times |
| 19 Fri Apr 2024 | 1.35 | 1.36 | 1.41 | 1.35 | 1.348 times |
| 18 Thu Apr 2024 | 1.39 | 1.36 | 1.41 | 1.34 | 0.638 times |
| 17 Wed Apr 2024 | 1.36 | 1.40 | 1.40 | 1.36 | 0.197 times |
| 16 Tue Apr 2024 | 1.38 | 1.37 | 1.41 | 1.36 | 0.594 times |
| 15 Mon Apr 2024 | 1.38 | 1.41 | 1.42 | 1.37 | 0.942 times |
| 12 Fri Apr 2024 | 1.39 | 1.40 | 1.41 | 1.37 | 0.495 times |
| 11 Thu Apr 2024 | 1.39 | 1.35 | 1.42 | 1.35 | 0.689 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.4, but if it comes below 1.4, then a intra day sell could be more profitable.
If you take a sell trade below 1.4, then use 1.4 as stoploss and 1.37 as target. However if you take a buy trade in stock , then use 1.4 as stoploss and 1.5 as target.
Share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Target | 1.24 |
| Downside Target | 1.31 |
| Downside Target | 1.38 |
| Downside Target | 1.42 |
| Upside Target | 1.44 |
| Upside Target | 1.45 |
| Upside Target | 1.47 |
| Upside Target | 1.63 |
| Upside Target | 1.71 |
| Upside Target | 1.76 |
| Upside Target | 1.78 |
Intraday share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Intraday Target | 1.29 |
| Downside Intraday Target | 1.17 |
| Upside Intraday Target | 1.49 |
| Upside Intraday Target | 1.57 |
| Downside Intraday Target | 1.37 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 1.42 | 1.35 | 1.44 | 1.24 | 1.622 times |
| 19 Fri Apr 2024 | 1.35 | 1.41 | 1.42 | 1.34 | 0.878 times |
| 12 Fri Apr 2024 | 1.39 | 1.41 | 1.44 | 1.33 | 0.58 times |
| 05 Fri Apr 2024 | 1.40 | 1.42 | 1.45 | 1.31 | 1.226 times |
| 28 Thu Mar 2024 | 1.41 | 1.48 | 1.63 | 1.35 | 0.694 times |
Price has moved up 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 |
| 24 Wed Apr 2024 | 1.42 | 1.42 | 1.45 | 1.24 | 0.779 times |
| 28 Thu Mar 2024 | 1.41 | 1.44 | 1.78 | 1.35 | 1.506 times |
| 29 Thu Feb 2024 | 1.40 | 1.40 | 1.47 | 1.26 | 0.633 times |
| 31 Wed Jan 2024 | 1.35 | 1.50 | 1.71 | 1.35 | 1.051 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of American Resources ( (AREC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1.36 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of American Resources ( (AREC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. 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 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1.36 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.