AMERICAN RESOURCES CORP (AREC)
US02927U2087 - Common Stock
Overall AREC gets a technical rating of 5 out of 10. In the past year, AREC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
AREC is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, of which 62% are performing better than AREC.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month AREC has a been trading in the 1.24 - 1.58 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, AREC outperforms 56% of them, which is more or less in line with the market.
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.
Volume is considerably higher in the last couple of days.
AREC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.24
1.67
3 important support areas can be observed.
- Support @1.37 from a trend line in the weekly time frame.
- A support zone ranging from 1.28 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.25 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @1.53 from a trend line in the daily time frame.
- A resistance zone ranging from 1.56 to 1.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.62 from a trend line in the weekly time frame.
- Resistance @1.65 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.51
Mansfield-1.36
10 Day High1.59
10 Day Low1.24
20 Day High1.59
20 Day Low1.24
52 Week High2.16
52 Week Low1.2
Performance
1 Week2.82%
2 Weeks7.35%
1 Month9.36%
3 Month8.15%
6 Month5.04%
12 Month1.39%
2 Year-12.05%
3 Year-48.95%
5 Year-57.06%
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)0.02
RSI(14)52.92
LBB1.28
UBB1.53
AMERICAN RESOURCES CORP
NASDAQ:AREC (5/1/2024, 7:00:01 PM)
1.46
+0.03 (+2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.1%
1 Week2.82%
2 Weeks7.35%
1 Month9.36%
3 Month8.15%
6 Month5.04%
12 Month1.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%5.8%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.59
10 Day Low1.24
20 Day High1.59
20 Day Low1.24
52 Week High2.16
52 Week Low1.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume316.00K
Volume Incr37.75%
Vol(5)309.50K
Vol(50)223.54K