(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 2024-04-11 View latest technical analysis
10 day averaged volume of American Resources is 252150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 1.39 | 1.35 | 1.42 | 1.35 | 0.493 times |
| 10 Wed Apr 2024 | 1.35 | 1.40 | 1.41 | 1.34 | 0.533 times |
| 09 Tue Apr 2024 | 1.41 | 1.36 | 1.42 | 1.34 | 1.017 times |
| 08 Mon Apr 2024 | 1.37 | 1.41 | 1.44 | 1.33 | 0.633 times |
| 05 Fri Apr 2024 | 1.40 | 1.38 | 1.42 | 1.37 | 0.564 times |
| 04 Thu Apr 2024 | 1.37 | 1.40 | 1.45 | 1.36 | 1.067 times |
| 03 Wed Apr 2024 | 1.34 | 1.35 | 1.39 | 1.33 | 0.439 times |
| 02 Tue Apr 2024 | 1.33 | 1.35 | 1.40 | 1.31 | 0.668 times |
| 01 Mon Apr 2024 | 1.34 | 1.42 | 1.42 | 1.33 | 2.49 times |
| 28 Thu Mar 2024 | 1.41 | 1.49 | 1.63 | 1.39 | 1.981 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1.3 or till 1.2. Use a stoploss of 1.46 and if the stock hits stoploss, then it can shoot up till 1.59
Share price targets for American Resources (AREC)
| Target Type | Value |
| Downside Target | 1.26 |
| Downside Target | 1.31 |
| Downside Target | 1.38 |
| Upside Target | 1.44 |
| Upside Target | 1.47 |
| Upside Target | 1.57 |
| 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 | 1.33 |
| Downside Intraday Target | 1.28 |
| Upside Intraday Target | 1.44 |
| Upside Intraday Target | 1.5 |
| Downside Intraday Target | 1.39 |
Weekly technical analysis of American Resources (AREC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 1.39 | 1.41 | 1.44 | 1.33 | 0.512 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 |
| 22 Fri Mar 2024 | 1.48 | 1.69 | 1.78 | 1.45 | 2.297 times |
| 15 Fri Mar 2024 | 1.64 | 1.67 | 1.71 | 1.57 | 0.525 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 |
| 11 Thu Apr 2024 | 1.39 | 1.42 | 1.45 | 1.31 | 0.404 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of American Resources ( (AREC) ) based on a short 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 short to mid 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 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 SELL signal for American Resources in short term and the sell signal is strong.
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 moving up
CCI has generated a buy signal for American Resources in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 1.37 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 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.
Price action analysis of American Resources ( (AREC) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of American Resources ( (AREC) ) based on a short 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 short to mid 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 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 SELL signal for American Resources in short term and the sell signal is strong.
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 moving up
CCI has generated a buy signal for American Resources in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 1.37 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 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.