24.37 USD
+0.3 (+1.25%)
24.05 USD
-0.32 (-1.31%)
We assign a technical rating of 3 out of 10 to ARLP. In the past year, ARLP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, ARLP is a bad performer in the overall market: 66% of all stocks are doing better.
ARLP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ARLP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 48% of 209 stocks in the same industry.
In the last month ARLP has a been trading in the 23.18 - 25.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, ARLP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
22.31
28.77
2 important support areas can be observed.
- Support @23.30 from a trend line in the weekly time frame.
- A support zone ranging from 22.54 to 22.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 24.39 to 24.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @25.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 27.11 to 27.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 27.98 to 28.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.49 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ARLP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ARLP is neutral. |
| ChartMill Relative Strength | 34.07 | NEUTRAL | ARLP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ARLP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ARLP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARLP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.17 | NEUTRAL | The RSI value for ARLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ARLP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.76 | NEUTRAL | The Stochastics value for ARLP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for ARLP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.58 | NEGATIVE | The low ADX value for ARLP suggests a weak or negative 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)
24.37
+0.3 (+1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.25%
1 Week2.14%
2 Weeks-2.52%
1 Month0.58%
3 Month5.91%
6 Month-6.38%
12 Month-13.67%
2 Year16.16%
3 Year2.78%
5 Year441.56%
10 Year42.1%
15 Year-21.39%
Volatility
ATR(14)0.63
ATR(20)%2.58%
ATR Inc-51.28%
Range Today0.29
ADR(20)0.59
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.07
3 months CRS74.02
6 months CRS21.23
Mansfield-1.58
10 Day High25.37
10 Day Low23.18
20 Day High25.45
20 Day Low23.18
52 Week High30.56
52 Week Low22.2
CS1 End23.3
CR1 Start24.39
Volume & EV
DER(3)-4.84%
DER(5)-4.3%
Volume77.70K
Volume Incr-41.59%
Vol(5)198.38K
Vol(50)302.16K
ALLIANCE RESOURCE PARTNERS / ARLP FAQ
What is the ChartMill technical rating of ALLIANCE RESOURCE PARTNERS (ARLP) stock?
ChartMill assigns a technical rating of 3 / 10 to ARLP.
Can you provide the trend direction for ALLIANCE RESOURCE PARTNERS?
The current trend direction for ALLIANCE RESOURCE PARTNERS (ARLP) is Bearish.
Can you provide the RSI signal for ALLIANCE RESOURCE PARTNERS?
ALLIANCE RESOURCE PARTNERS (ARLP) has an RSI value of 51.1654. This indicates that the stock is currently neutral.
What is the MACD signal for ARLP stock?
The MACD indicator for ALLIANCE RESOURCE PARTNERS (ARLP) has a value of -0.0272845, indicating a bearish trend.
What is the short term momentum for ARLP stock?
The short term momentum for ALLIANCE RESOURCE PARTNERS (ARLP) is neutral.