(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 2024-03-15 View latest technical analysis
10 day averaged volume of American Resources is 210340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 1.64 | 1.64 | 1.65 | 1.60 | 0.962 times |
| 14 Thu Mar 2024 | 1.64 | 1.59 | 1.70 | 1.57 | 0.601 times |
| 13 Wed Mar 2024 | 1.60 | 1.58 | 1.65 | 1.58 | 0.598 times |
| 12 Tue Mar 2024 | 1.58 | 1.63 | 1.63 | 1.57 | 0.557 times |
| 11 Mon Mar 2024 | 1.65 | 1.67 | 1.71 | 1.60 | 0.486 times |
| 08 Fri Mar 2024 | 1.65 | 1.70 | 1.72 | 1.64 | 0.689 times |
| 07 Thu Mar 2024 | 1.66 | 1.64 | 1.75 | 1.57 | 1.561 times |
| 06 Wed Mar 2024 | 1.62 | 1.60 | 1.63 | 1.54 | 0.534 times |
| 05 Tue Mar 2024 | 1.60 | 1.54 | 1.69 | 1.54 | 1.858 times |
| 04 Mon Mar 2024 | 1.55 | 1.62 | 1.65 | 1.50 | 1.46 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.6, but if it comes below 1.6, then a intra day sell could be more profitable.
If you take a sell trade below 1.6, then use 1.6 as stoploss and 1.51 as target. However if you take a buy trade in stock , then use 1.6 as stoploss and 1.8 as target.
Share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Target | 1.21 |
| Downside Target | 1.26 |
| Downside Target | 1.29 |
| Downside Target | 1.32 |
| Downside Target | 1.35 |
| Downside Target | 1.38 |
| Downside Target | 1.44 |
| Downside Target | 1.50 |
| Downside Target | 1.57 |
| Upside Target | 1.71 |
| Upside Target | 1.75 |
| Upside Target | 1.76 |
| Upside Target | 1.86 |
Intraday share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Intraday Target | 1.57 |
| Downside Intraday Target | 1.5 |
| Upside Intraday Target | 1.71 |
| Upside Intraday Target | 1.78 |
| Downside Intraday Target | 1.64 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 1.64 | 1.67 | 1.71 | 1.57 | 0.525 times |
| 08 Fri Mar 2024 | 1.65 | 1.62 | 1.75 | 1.50 | 1.661 times |
| 01 Fri Mar 2024 | 1.59 | 1.32 | 1.59 | 1.32 | 1.431 times |
| 23 Fri Feb 2024 | 1.32 | 1.45 | 1.45 | 1.29 | 0.483 times |
| 16 Fri Feb 2024 | 1.44 | 1.30 | 1.47 | 1.29 | 1.42 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 |
| 15 Fri Mar 2024 | 1.64 | 1.44 | 1.75 | 1.44 | 0.705 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 |
| 29 Fri Dec 2023 | 1.49 | 1.69 | 1.76 | 1.38 | 0.902 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for American Resources in short term but SELL signal is weak.
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 1.62 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.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for American Resources in short term but SELL signal is weak.
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 1.62 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.