ALLIANCE RESOURCE PARTNERS (ARLP) Stock Technical Analysis
NASDAQ:ARLP - Nasdaq - US01877R1086 - Currency: USD
Taking everything into account, ARLP scores 3 out of 10 in our technical rating. ARLP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, ARLP outperforms 59% of them, which is more or less in line with the market.
ARLP is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, ARLP did better than 65% of them.
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.
In the last month ARLP has a been trading in a tight range between 25.59 and 26.99.
ARLP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 26.04, a Stop Loss order could be placed below this zone. 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
24.22
27.26
2 important support areas can be observed.
- A support zone ranging from 25.57 to 26.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.46 to 24.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.19 to 26.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.99 from a horizontal line in the daily 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 | 59.29 | NEUTRAL | ARLP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ARLP is above a declining 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) | UP | POSITIVE | The current price of ARLP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.54 | NEUTRAL | The RSI value for ARLP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ARLP has a positive trend. |
| Stochastics (14,3) | 56.73 | NEUTRAL | The Stochastics value for ARLP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for ARLP suggests low volalility. |
| Average Directional Index/ADX (14) | 17.93 | 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)
26.14
-0.22 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.83%
1 Week0.69%
2 Weeks1.51%
1 Month-2.28%
3 Month-0.42%
6 Month1.79%
12 Month9.83%
2 Year41.37%
3 Year43.39%
5 Year701.84%
10 Year4.73%
15 Year16.26%
Volatility
ATR(14)0.41
ATR(20)%1.6%
ATR Inc50%
Range Today0.42
ADR(20)0.42
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.29
Mansfield-0.3
10 Day High26.66
10 Day Low25.59
20 Day High26.99
20 Day Low25.59
52 Week High30.56
52 Week Low22.18
CS1 End26.04
CR1 Start26.19
Volume & EV
DER(3)0.32%
DER(5)1.79%
Volume227.58K
Volume Incr7.38%
Vol(5)247.67K
Vol(50)365.65K