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(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 1429450

Date Daily Closing Price Open High Low Volume
13 Tue Apr 2021 3.53 3.53 3.64 3.41 0.808 times
12 Mon Apr 2021 3.60 3.73 3.76 3.55 0.743 times
09 Fri Apr 2021 3.72 3.92 4.01 3.65 0.974 times
08 Thu Apr 2021 4.01 3.67 4.09 3.55 2.016 times
07 Wed Apr 2021 3.65 3.79 3.81 3.61 0.708 times
06 Tue Apr 2021 3.87 3.60 3.93 3.52 1.178 times
05 Mon Apr 2021 3.62 3.78 3.78 3.59 0.72 times
01 Thu Apr 2021 3.80 3.92 3.99 3.70 0.903 times
31 Wed Mar 2021 3.80 3.80 3.89 3.71 0.891 times
30 Tue Mar 2021 3.64 3.78 3.85 3.62 0.884 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.6, but if it comes above 3.6, then a intra day buy could be more profitable.
If you take a sell trade below 3.6, then use 3.6 as stoploss and 3.2 as target. However if you take a buy trade in stock , then use 3.6 as stoploss and 3.92 as target.

Share price targets for American Resources (AREC)

Target Type Value
Downside Target 1.58
Downside Target 1.80
Downside Target 2.20
Downside Target 2.35
Downside Target 3.08
Downside Target 3.18
Downside Target 3.41
Downside Target 3.52
Upside Target 3.76
Upside Target 4.07
Upside Target 4.11
Upside Target 4.51
Upside Target 5.68
Upside Target 8.02

Intraday share price targets for American Resources (AREC)

Target Type Value
Downside Intraday Target 3.37
Downside Intraday Target 3.22
Upside Intraday Target 3.72
Upside Intraday Target 3.92
Upside Intraday Target 3.57

Weekly technical analysis of American Resources (AREC)

Date Weekly Closing Price Open High Low Volume
13 Tue Apr 2021 3.53 3.73 3.76 3.41 0.277 times
09 Fri Apr 2021 3.72 3.78 4.09 3.52 1.529 times
01 Thu Apr 2021 3.80 3.71 4.07 3.43 0.473 times
26 Fri Mar 2021 3.71 4.49 4.51 3.41 0.11 times
19 Fri Mar 2021 4.56 4.89 5.68 4.11 10.985 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
13 Tue Apr 2021 3.53 3.92 4.09 3.41 0.081 times
31 Wed Mar 2021 3.80 5.49 5.68 3.18 0.485 times
26 Fri Feb 2021 5.20 2.55 8.02 2.35 4.972 times
29 Fri Jan 2021 2.34 1.99 3.08 1.80 1.833 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)

Indicator Name Indicator Value Indicator Signal
ADX 19, 19, 0 Sell
MACD -0, -0Sell
Stochastics 29Sell
CCI -158Sell
RSI 56Buy
OBV 59234600Sell
VWAP 4Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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 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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for American Resources in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 3.77 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 negative.

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
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