AMERICAN RESOURCES CORP (AREC) Stock Technical Analysis
NASDAQ:AREC - US02927U2087 - Common Stock
1.77 USD
-0.03 (-1.67%)
Overall AREC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AREC is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that AREC is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by AREC over the past year are nicely spread over this period.
AREC is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 98% of 209 stocks in the same industry.
AREC has an average volume of 3023010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AREC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AREC is lagging the market.
In the last month AREC has a been trading in the 1.18 - 2.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although AREC has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.65
1.83
We found 3 important support areas.
- A support zone ranging from 1.41 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.31 from a trend line in the daily time frame.
- Support @0.66 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.79 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AREC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AREC is up. |
| ChartMill Relative Strength | 98.93 | POSITIVE | AREC has a high relative strength, it outperformed 98.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AREC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AREC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AREC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.34 | NEUTRAL | The RSI value for AREC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AREC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.75 | NEUTRAL | The Stochastics value for AREC is a neutral value. |
| Average True Range in percent/ATR (20) | 14.52 | HIGH VOLATILITY | The high ATR as a percentage value for AREC suggests high volalility. |
| Average Directional Index/ADX (14) | 38.61 | POSITIVE | The high ADX value value for AREC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:AREC (9/4/2025, 11:53:53 AM)
1.77
-0.03 (-1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.67%
1 Week-14.29%
2 Weeks42.86%
1 Month37.4%
3 Month174.81%
6 Month224.03%
12 Month289.95%
2 Year7.78%
3 Year-32.58%
5 Year20%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%14.52%
ATR Inc-27.98%
Range Today0.09
ADR(20)0.26
ADR(20)%14.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.93
Mansfield7.76
10 Day High2.49
10 Day Low1.18
20 Day High2.49
20 Day Low1.18
52 Week High2.49
52 Week Low0.38
CS1 End1.43
CR1 StartN/A
Volume & EV
DER(3)-2.18%
DER(5)-2.26%
Volume1.03M
Volume Incr0.89%
Vol(5)4.36M
Vol(50)3.02M