(ARLP) Alliance Resource complete technical analysis [charts+indicators] | Buy/Sell Alliance Resource | (ARLP) share price targets
Complete technical analysis of Alliance Resource (ARLP) by charts plus indicators, forecast predictions and share price targets for Alliance Resource (ARLP)
Alliance Resource trades in USA in Energy sector.
Showing technical analysis as on 2024-03-20 View latest technical analysis
10 day averaged volume of Alliance Resource is 379000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 19.96 | 19.77 | 20.02 | 19.67 | 0.817 times |
| 19 Tue Mar 2024 | 19.89 | 19.78 | 19.91 | 19.71 | 0.582 times |
| 18 Mon Mar 2024 | 19.71 | 19.70 | 19.76 | 19.45 | 0.791 times |
| 15 Fri Mar 2024 | 19.76 | 19.79 | 19.94 | 19.45 | 1.15 times |
| 14 Thu Mar 2024 | 19.65 | 19.37 | 19.65 | 19.28 | 1.084 times |
| 13 Wed Mar 2024 | 19.17 | 19.80 | 19.85 | 19.16 | 1.01 times |
| 12 Tue Mar 2024 | 19.61 | 20.03 | 20.03 | 19.52 | 0.898 times |
| 11 Mon Mar 2024 | 19.93 | 20.00 | 20.00 | 19.68 | 1.644 times |
| 08 Fri Mar 2024 | 19.91 | 19.85 | 19.96 | 19.76 | 0.852 times |
| 07 Thu Mar 2024 | 19.75 | 19.33 | 19.82 | 19.28 | 0.873 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 19.8, but if it comes below 19.8, then a intra day sell could be more profitable.
If you take a sell trade below 19.8, then use 19.8 as stoploss and 19.34 as target. However if you take a buy trade in stock , then use 19.8 as stoploss and 20.3 as target.
Share price targets for Alliance Resource (ARLP)
| Target Type | Value |
| Downside Target | 18.32 |
| Upside Target | 20.00 |
| Upside Target | 20.02 |
| Upside Target | 20.03 |
| Upside Target | 20.77 |
| Upside Target | 21.50 |
| Upside Target | 22.50 |
| Upside Target | 24.00 |
Intraday share price targets for Alliance Resource (ARLP)
| Target Type | Value |
| Downside Intraday Target | 19.6 |
| Downside Intraday Target | 19.24 |
| Upside Intraday Target | 20.17 |
| Upside Intraday Target | 20.38 |
| Downside Intraday Target | 19.81 |
Weekly technical analysis of Alliance Resource (ARLP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 19.96 | 19.70 | 20.02 | 19.45 | 0.379 times |
| 15 Fri Mar 2024 | 19.76 | 20.00 | 20.03 | 19.16 | 0.933 times |
| 08 Fri Mar 2024 | 19.91 | 18.84 | 19.96 | 18.32 | 1.092 times |
| 01 Fri Mar 2024 | 18.81 | 19.00 | 19.25 | 18.78 | 1.054 times |
| 23 Fri Feb 2024 | 19.00 | 19.54 | 19.66 | 18.86 | 0.769 times |
Price has moved up 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 Alliance Resource (ARLP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 19.96 | 19.12 | 20.03 | 18.32 | 0.523 times |
| 29 Thu Feb 2024 | 19.00 | 21.21 | 21.50 | 18.83 | 0.969 times |
| 31 Wed Jan 2024 | 21.01 | 21.35 | 22.50 | 20.00 | 1.064 times |
| 29 Fri Dec 2023 | 21.18 | 20.93 | 21.50 | 18.45 | 1.245 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 Alliance Resource (ARLP)
Price action analysis of Alliance Resource ( (ARLP) ) based on a short 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Alliance Resource 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.
Alliance Resource 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 Alliance Resource 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 Alliance Resource is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.73 and Alliance Resource (ARLP) 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 Alliance Resource (ARLP) stock. Volume based technical analysis of Alliance Resource (ARLP) stock is negative.
Alliance Resource 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 Alliance Resource ( (ARLP) ) based on a short 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Alliance Resource 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.
Alliance Resource 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 Alliance Resource 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 Alliance Resource is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.73 and Alliance Resource (ARLP) 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 Alliance Resource (ARLP) stock. Volume based technical analysis of Alliance Resource (ARLP) stock is negative.
Alliance Resource 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.