Mobile app version of munafa.top
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 242500

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 1.45 1.36 1.47 1.36 0.632 times
26 Tue Mar 2024 1.35 1.40 1.45 1.35 0.868 times
25 Mon Mar 2024 1.40 1.48 1.50 1.39 0.874 times
22 Fri Mar 2024 1.48 1.51 1.52 1.45 0.954 times
21 Thu Mar 2024 1.53 1.58 1.60 1.48 1.085 times
20 Wed Mar 2024 1.57 1.67 1.67 1.48 0.803 times
19 Tue Mar 2024 1.69 1.78 1.78 1.68 1.675 times
18 Mon Mar 2024 1.78 1.69 1.78 1.64 1.867 times
15 Fri Mar 2024 1.64 1.64 1.65 1.60 0.834 times
14 Thu Mar 2024 1.64 1.59 1.70 1.57 0.522 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.5, but if it comes above 1.5, then a intra day buy could be more profitable.
If you take a sell trade below 1.5, then use 1.5 as stoploss and 1.3 as target. However if you take a buy trade in stock , then use 1.5 as stoploss and 1.57 as target.

Share price targets for American Resources (AREC)

Target Type Value
Downside Target 1.21
Downside Target 1.26
Downside Target 1.32
Downside Target 1.35
Downside Target 1.38
Downside Target 1.45
Upside Target 1.50
Upside Target 1.57
Upside Target 1.71
Upside Target 1.75
Upside Target 1.76
Upside Target 1.78
Upside Target 1.86

Intraday share price targets for American Resources (AREC)

Target Type Value
Downside Intraday Target 1.37
Downside Intraday Target 1.28
Upside Intraday Target 1.52
Upside Intraday Target 1.58
Downside Intraday Target 1.43

Weekly technical analysis of American Resources (AREC)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 1.45 1.48 1.50 1.35 0.372 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
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

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
27 Wed Mar 2024 1.45 1.44 1.78 1.35 1.354 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 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 short 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 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 but BUY signal is weak.

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 1.58 and American Resources (AREC) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 short 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 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 but BUY signal is weak.

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 1.58 and American Resources (AREC) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme