ALLIANCE RESOURCE PARTNERS (ARLP)
US01877R1086
Taking everything into account, ARLP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ARLP is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ARLP did better than 88% of all other stocks. We also observe that the gains produced by ARLP over the past year are nicely spread over this period.
ARLP is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. ARLP outperforms 91% of them.
ARLP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ARLP is leading the market.
In the last month ARLP has a been trading in the 24.15 - 26.21 range, which is quite wide. It is currently trading near the high of this range.
ARLP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 25.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.47, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
18.35
26.15
We found 4 important support areas.
- A support zone ranging from 25.20 to 25.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @22.26 from a horizontal line in the daily time frame.
- Support @19.34 from a trend line in the weekly time frame.
- Support @18.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.80 to 25.89. 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
CRS88.89
Mansfield0.56
10 Day High26.21
10 Day Low24.75
20 Day High26.21
20 Day Low24.15
52 Week High26.21
52 Week Low18.32
Performance
1 Week1.1%
2 Weeks3.16%
1 Month6.64%
3 Month21.94%
6 Month18.47%
12 Month34.67%
2 Year17.71%
3 Year224.81%
5 Year47.12%
10 Year-48.64%
15 Year45.21%
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)63.7
LBB24.54
UBB26.04
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 |
|---|---|---|---|
| 25.90 | 25.19 | 0.71 (2.74%) | 25.00% |
| An entry @25.90. This is a Buy Stop order right above the resistance zone. | An exit @25.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.71 points, which is 2.74%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- The distance between exit and entry is rather small compared to the average daily movement of ARLP. Please evaluate whether better entry and exit points can be found.
- 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 (7/26/2024, 7:17:02 PM)
After market: 25.79 0 (0%)25.79
+0.37 (+1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.46%
1 Week1.1%
2 Weeks3.16%
1 Month6.64%
3 Month21.94%
6 Month18.47%
12 Month34.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.48
ATR(20)%2.31%
ATR Inc
Range Today0.59
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 High26.21
10 Day Low24.75
20 Day High26.21
20 Day Low24.15
52 Week High26.21
52 Week Low18.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume284.00K
Volume Incr7.76%
Vol(5)297.15K
Vol(50)349.69K