(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 197210
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 1.44 | 1.44 | 1.44 | 1.40 | 0.947 times |
| 24 Wed Apr 2024 | 1.42 | 1.39 | 1.44 | 1.35 | 1.538 times |
| 23 Tue Apr 2024 | 1.36 | 1.29 | 1.39 | 1.28 | 1.719 times |
| 22 Mon Apr 2024 | 1.28 | 1.35 | 1.39 | 1.24 | 2.259 times |
| 19 Fri Apr 2024 | 1.35 | 1.36 | 1.41 | 1.35 | 1.233 times |
| 18 Thu Apr 2024 | 1.39 | 1.36 | 1.41 | 1.34 | 0.584 times |
| 17 Wed Apr 2024 | 1.36 | 1.40 | 1.40 | 1.36 | 0.18 times |
| 16 Tue Apr 2024 | 1.38 | 1.37 | 1.41 | 1.36 | 0.544 times |
| 15 Mon Apr 2024 | 1.38 | 1.41 | 1.42 | 1.37 | 0.862 times |
| 12 Fri Apr 2024 | 1.39 | 1.40 | 1.41 | 1.37 | 0.452 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1.4, for a target of 1.4 or 1.37
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 |
| Downside 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 | 1.31 |
| Downside Intraday Target | 1.17 |
| Upside Intraday Target | 1.51 |
| 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 |
| 25 Thu Apr 2024 | 1.44 | 1.35 | 1.44 | 1.24 | 1.9 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 |
| 25 Thu Apr 2024 | 1.44 | 1.42 | 1.45 | 1.24 | 0.817 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of American Resources ( (AREC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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
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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of American Resources ( (AREC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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
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 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 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.