ALLIANCE RESOURCE PARTNERS (ARLP)
US01877R1086
Overall ARLP gets a technical rating of 6 out of 10. ARLP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
61% of all other stocks performed better in the past year than ARLP.
ARLP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 69% of 213 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month ARLP has a been trading in the 19.65 - 21.34 range, which is quite wide. It is currently trading near the high of this range.
ARLP 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 ARLP is lagging the market slightly.
ARLP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
18.22
23.58
2 important support areas can be observed.
- A support zone ranging from 18.81 to 18.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.40 to 18.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @21.22 from a trend line in the daily time frame.
- Resistance @22.40 from a horizontal line in the daily time frame.
- Resistance @23.35 from a trend 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
CRS39.75
Mansfield-0.42
10 Day High21.34
10 Day Low20.59
20 Day High21.34
20 Day Low19.65
52 Week High24.3
52 Week Low17.05
Performance
1 Week0.19%
2 Weeks0.91%
1 Month5.55%
3 Month-4.52%
6 Month-11.01%
12 Month1.49%
2 Year17.81%
3 Year285.04%
5 Year9.5%
10 Year-54.69%
15 Year28.31%
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)65.12
LBB20.53
UBB21.34
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.23 | 20.58 | 0.65 (3.06%) | 25.00% |
| An entry @21.23. This is a Buy Stop order right above the resistance zone. | An exit @20.58. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.65 points, which is 3.06%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ALLIANCE RESOURCE PARTNERS
NASDAQ:ARLP (4/19/2024, 7:00:00 PM)
After market: 21.01 -0.09 (-0.43%)21.1
+0.04 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.19%
1 Week0.19%
2 Weeks0.91%
1 Month5.55%
3 Month-4.52%
6 Month-11.01%
12 Month1.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.3
ATR(20)%1.45%
ATR Inc
Range Today0.17
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 High21.34
10 Day Low20.59
20 Day High21.34
20 Day Low19.65
52 Week High24.3
52 Week Low17.05
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume226.80K
Volume Incr-1.68%
Vol(5)290.52K
Vol(50)387.54K