AMERICAN RESOURCES CORP (AREC)
US02927U2087 - Common Stock
Overall AREC gets a technical rating of 0 out of 10. AREC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
96% of all other stocks performed better in the past year than AREC.
AREC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 92% of 205 stocks in the same industry do better.
AREC 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.
In the last month AREC has a been trading in the 0.65 - 1.31 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of AREC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.64
1.34
We found 1 important support area.
- Support @0.65 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @1.06 from a trend line in the daily time frame.
- Resistance @1.17 from a trend line in the weekly time frame.
- Resistance @1.29 from a trend line in the daily time frame.
- Resistance @1.33 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.69
Mansfield-4.22
10 Day High1.12
10 Day Low0.65
20 Day High1.32
20 Day Low0.65
52 Week High1.78
52 Week Low0.41
Performance
1 Week-36.41%
2 Weeks-33.32%
1 Month-44.61%
3 Month-29.92%
6 Month7.53%
12 Month-57.34%
2 Year-55.69%
3 Year-62.88%
5 Year14.58%
10 YearN/A
15 YearN/A
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)-0.05
RSI(14)29.21
LBB0.72
UBB1.31
AMERICAN RESOURCES CORP
NASDAQ:AREC (1/6/2025, 4:17:26 PM)
After market: 0.7647 -0.02 (-2.59%)0.785
+0.1 (+14.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg14.3%
1 Week-36.41%
2 Weeks-33.32%
1 Month-44.61%
3 Month-29.92%
6 Month7.53%
12 Month-57.34%
2 Year-55.69%
3 Year-62.88%
5 Year14.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%13.18%
ATR Inc196.54%
Range Today0.16
ADR(20)0.09
ADR(20)%10.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.69
Mansfield-4.22
10 Day High1.12
10 Day Low0.65
20 Day High1.32
20 Day Low0.65
52 Week High1.78
52 Week Low0.41
CS1 End0.65
CR1 Start1.06
Volume & EV
DER(3)-10.64%
DER(5)-9.67%
Volume1.60M
Volume Incr255.29%
Vol(5)970.14K
Vol(50)370.72K