ALLIANCE RESOURCE PARTNERS (ARLP) Stock Technical Analysis
NASDAQ:ARLP - Nasdaq - US01877R1086 - Currency: USD
Overall ARLP gets a technical rating of 6 out of 10. In the last year, ARLP was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ARLP is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. ARLP outperforms 82% of them.
In the last month ARLP has a been trading in the 22.30 - 28.39 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ARLP is one of the better performing stocks in the market, outperforming 77% of all stocks. However, we also see that ARLP couldn't keep up this performance in the last couple of months.
ARLP is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
ARLP has an average technical rating and it also 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
24.22
29.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 26.21 to 26.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.74 from a trend line in the weekly time frame.
- A support zone ranging from 24.46 to 24.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 27.28 to 27.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @28.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.24 to 29.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.02
Mansfield0.63
10 Day High28.39
10 Day Low26.15
20 Day High28.39
20 Day Low22.3
52 Week High30.56
52 Week Low21.84
Performance
1 Week0.07%
2 Weeks-0.04%
1 Month1.88%
3 Month-5.37%
6 Month3%
12 Month16.82%
2 Year58.83%
3 Year36.83%
5 Year756.78%
10 Year-9.44%
15 Year19.52%
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)55.45
LBB26.21
UBB27.64
27.16
+0.76 (+2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.88%
1 Week0.07%
2 Weeks-0.04%
1 Month1.88%
3 Month-5.37%
6 Month3%
12 Month16.82%
2 Year58.83%
3 Year36.83%
5 Year756.78%
10 Year-9.44%
15 Year19.52%
Volatility
ATR(14)0.9
ATR(20)%4.71%
ATR Inc25.91%
Range Today0.92
ADR(20)1.18
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.02
Mansfield0.63
10 Day High28.39
10 Day Low26.15
20 Day High28.39
20 Day Low22.3
52 Week High30.56
52 Week Low21.84
CS1 End26.57
CR1 Start27.28
Volume & EV
DER(3)-3.86%
DER(5)-4.44%
Volume290.40K
Volume Incr-12.96%
Vol(5)521.32K
Vol(50)441.06K