(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 2024-09-04 View latest technical analysis
10 day averaged volume of Alliance Resource is 181722
Date | Daily Closing Price | Open | High | Low | Volume |
04 Wed Sep 2024 | 23.01 | 23.13 | 23.30 | 22.90 | 1.226 times |
03 Tue Sep 2024 | 23.30 | 23.96 | 23.96 | 23.25 | 1.465 times |
30 Fri Aug 2024 | 23.92 | 23.89 | 24.05 | 23.70 | 0.825 times |
30 Fri Aug 2024 | 23.92 | 23.89 | 24.05 | 23.70 | 0.824 times |
29 Thu Aug 2024 | 23.92 | 24.08 | 24.28 | 23.80 | 0.961 times |
28 Wed Aug 2024 | 23.92 | 24.08 | 24.08 | 23.70 | 0.683 times |
27 Tue Aug 2024 | 24.08 | 24.10 | 24.21 | 23.77 | 0.653 times |
26 Mon Aug 2024 | 23.97 | 24.17 | 24.48 | 23.89 | 1.145 times |
23 Fri Aug 2024 | 24.05 | 23.92 | 24.21 | 23.86 | 1.086 times |
22 Thu Aug 2024 | 23.87 | 23.98 | 23.99 | 23.56 | 1.086 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.1, but if it comes above 23.1, then a intra day buy could be more profitable.
If you take a sell trade below 23.1, then use 23.1 as stoploss and 22.5 as target. However if you take a buy trade in stock , then use 23.1 as stoploss and 23.56 as target.
Share price targets for Alliance Resource (ARLP)
Target Type | Value |
Downside Target | 21.84 |
Downside Target | 22.90 |
Upside Target | 23.96 |
Upside Target | 24.05 |
Upside Target | 24.21 |
Upside Target | 24.48 |
Upside Target | 24.85 |
Upside Target | 25.17 |
Upside Target | 25.53 |
Upside Target | 26.21 |
Intraday share price targets for Alliance Resource (ARLP)
Target Type | Value |
Downside Intraday Target | 22.62 |
Downside Intraday Target | 22.23 |
Upside Intraday Target | 23.68 |
Upside Intraday Target | 24.35 |
Upside Intraday Target | 23.29 |
Weekly technical analysis of Alliance Resource (ARLP)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Wed Sep 2024 | 23.01 | 23.96 | 23.96 | 22.90 | 3.263 times |
30 Fri Aug 2024 | 23.92 | 23.89 | 24.05 | 23.70 | 0.193 times |
30 Fri Aug 2024 | 23.92 | 24.17 | 24.48 | 23.70 | 0.794 times |
23 Fri Aug 2024 | 24.05 | 23.88 | 24.21 | 23.30 | 0.544 times |
16 Fri Aug 2024 | 23.94 | 22.73 | 24.21 | 22.41 | 0.622 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Alliance Resource (ARLP)
Date | Monthly Closing Price | Open | High | Low | Volume |
04 Wed Sep 2024 | 23.01 | 23.96 | 23.96 | 22.90 | 0.066 times |
30 Fri Aug 2024 | 23.92 | 24.85 | 25.17 | 22.18 | 1.034 times |
31 Wed Jul 2024 | 24.80 | 24.69 | 26.21 | 23.56 | 1.014 times |
28 Fri Jun 2024 | 24.46 | 24.79 | 25.53 | 23.17 | 0.653 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 Alliance Resource (ARLP)
Price action analysis of Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) based on a short to mid 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 Alliance Resource ( (ARLP) ) based on a mid to longer 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.
ADX buy sell signal for Alliance Resource stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Alliance Resource in short term and the sell signal is strong.
Alliance Resource 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Alliance Resource in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Alliance Resource is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.74 and Alliance Resource (ARLP) 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 Alliance Resource (ARLP) stock. Volume based technical analysis of Alliance Resource (ARLP) stock is negative.
Alliance Resource 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) 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 Alliance Resource ( (ARLP) ) based on a short to mid 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 Alliance Resource ( (ARLP) ) based on a mid to longer 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.
ADX buy sell signal for Alliance Resource stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Alliance Resource in short term and the sell signal is strong.
Alliance Resource 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Alliance Resource in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Alliance Resource is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.74 and Alliance Resource (ARLP) 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 Alliance Resource (ARLP) stock. Volume based technical analysis of Alliance Resource (ARLP) stock is negative.
Alliance Resource 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.