AMERICAN RESOURCES CORP (AREC) Stock Technical Analysis
NASDAQ:AREC - Nasdaq - US02927U2087 - Common Stock - Currency: USD
Overall AREC gets a technical rating of 6 out of 10. In the last year, AREC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month AREC has a been trading in the 0.72 - 1.30 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
AREC is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. AREC outperforms 86% of them.
AREC has an average volume of 6759080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AREC is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
AREC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AREC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, AREC does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for AREC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.88
1.33
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.25 from a trend line in the weekly time frame.
- Resistance @1.32 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.66
Mansfield0.77
10 Day High0.97
10 Day Low0.73
20 Day High1.3
20 Day Low0.72
52 Week High1.68
52 Week Low0.38
Performance
1 Week1.05%
2 Weeks18%
1 Month-22.09%
3 Month65.55%
6 Month-25.98%
12 Month-29.23%
2 Year-37.45%
3 Year-46.49%
5 Year-16.99%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)53.16
LBB0.76
UBB0.96
0.8882
-0.01 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.55%
1 Week1.05%
2 Weeks18%
1 Month-22.09%
3 Month65.55%
6 Month-25.98%
12 Month-29.23%
2 Year-37.45%
3 Year-46.49%
5 Year-16.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%12.27%
ATR Inc0.02%
Range Today0.1
ADR(20)0.11
ADR(20)%11.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.66
Mansfield0.77
10 Day High0.97
10 Day Low0.73
20 Day High1.3
20 Day Low0.72
52 Week High1.68
52 Week Low0.38
CS1 EndN/A
CR1 Start0.94
Volume & EV
DER(3)2.57%
DER(5)3.52%
Volume764.20K
Volume Incr-93.12%
Vol(5)670.73K
Vol(50)6.76M