AMERICAN RESOURCES CORP (AREC) Stock Technical Analysis
NASDAQ:AREC - Nasdaq - US02927U2087 - Common Stock - Currency: USD
Taking everything into account, AREC scores 8 out of 10 in our technical rating. In the last year, AREC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
AREC is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. AREC outperforms 96% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AREC has an average volume of 6454760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AREC did better than 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
AREC is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so AREC is still doing slightly better than the market.
In the last month AREC has a been trading in the 0.38 - 1.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AREC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.22
1.31
We found 1 important resistance area.
- A resistance zone ranging from 1.28 to 1.30. 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
CRS95.38
Mansfield6.44
10 Day High1.68
10 Day Low0.38
20 Day High1.68
20 Day Low0.38
52 Week High1.68
52 Week Low0.38
Performance
1 Week170.21%
2 Weeks210.84%
1 Month191.86%
3 Month77.22%
6 Month29%
12 Month-4.44%
2 Year16.22%
3 Year-28.73%
5 Year40.22%
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)0.09
RSI(14)83.66
LBB0.05
UBB1.11
NASDAQ:AREC (4/21/2025, 1:19:00 PM)
1.235
-0.05 (-4.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.26%
1 Week170.21%
2 Weeks210.84%
1 Month191.86%
3 Month77.22%
6 Month29%
12 Month-4.44%
2 Year16.22%
3 Year-28.73%
5 Year40.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%11.35%
ATR Inc604.27%
Range Today0.34
ADR(20)0.14
ADR(20)%11.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.38
Mansfield6.44
10 Day High1.68
10 Day Low0.38
20 Day High1.68
20 Day Low0.38
52 Week High1.68
52 Week Low0.38
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0.75%
DER(5)0.54%
Volume13.37M
Volume Incr3055.63%
Vol(5)49.63M
Vol(50)6.45M