(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 2024-09-20 View latest technical analysis
10 day averaged volume of Alliance Resource is 250840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 24.30 | 23.90 | 24.33 | 23.72 | 1.164 times |
| 19 Thu Sep 2024 | 23.73 | 24.30 | 24.30 | 23.70 | 1.245 times |
| 18 Wed Sep 2024 | 23.96 | 23.56 | 24.00 | 23.51 | 1.019 times |
| 17 Tue Sep 2024 | 23.53 | 23.70 | 23.80 | 23.44 | 0.819 times |
| 16 Mon Sep 2024 | 23.57 | 23.50 | 23.80 | 23.42 | 0.936 times |
| 13 Fri Sep 2024 | 23.47 | 23.29 | 23.63 | 23.22 | 0.887 times |
| 12 Thu Sep 2024 | 23.25 | 23.26 | 23.52 | 23.06 | 0.594 times |
| 11 Wed Sep 2024 | 23.09 | 22.92 | 23.29 | 22.79 | 0.828 times |
| 10 Tue Sep 2024 | 23.00 | 22.83 | 23.00 | 22.70 | 0.449 times |
| 09 Mon Sep 2024 | 22.84 | 23.00 | 23.08 | 22.76 | 0.567 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24, but if it comes below 24, then a intra day sell could be more profitable.
If you take a sell trade below 24, then use 24 as stoploss and 23.53 as target. However if you take a buy trade in stock , then use 24 as stoploss and 24.5 as target.
Share price targets for Alliance Resource (ARLP)
| Target Type | Value |
| Downside Target | 21.84 |
| Downside Target | 23.17 |
| Downside Target | 23.96 |
| Downside Target | 24.05 |
| Upside Target | 24.33 |
| 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 | 23.7 |
| Downside Intraday Target | 23.11 |
| Upside Intraday Target | 24.61 |
| Upside Intraday Target | 24.93 |
| Downside Intraday Target | 24.02 |
Weekly technical analysis of Alliance Resource (ARLP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 24.30 | 23.50 | 24.33 | 23.42 | 1.558 times |
| 13 Fri Sep 2024 | 23.47 | 23.00 | 23.63 | 22.70 | 0.626 times |
| 06 Fri Sep 2024 | 22.97 | 23.96 | 23.96 | 22.39 | 8.888 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 |
Price has moved up 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 |
| 20 Fri Sep 2024 | 24.30 | 23.96 | 24.33 | 22.39 | 0.469 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Alliance Resource stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 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 23.58 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Alliance Resource stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 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 23.58 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.