ALLIANCE RESOURCE PARTNERS (ARLP) Stock Technical Analysis
NASDAQ:ARLP - Nasdaq - US01877R1086 - Currency: USD
Taking everything into account, ARLP scores 6 out of 10 in our technical rating. In the past year, ARLP was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
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.
Looking at the yearly performance, ARLP did better than 88% of all other stocks.
ARLP is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. ARLP outperforms 85% of them.
In the last month ARLP has a been trading in the 22.30 - 27.78 range, which is quite wide. It is currently trading near the high of this range.
ARLP is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
ARLP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
20.11
29.53
When analyzing the support we can see 5 important areas.
- Support @26.99 from a horizontal line in the daily time frame.
- A support zone ranging from 26.14 to 26.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.51 from a trend line in the weekly time frame.
- 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.
- Support @20.31 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @28.57 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.24 to 29.24. 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
CRS88.55
Mansfield1.49
10 Day High27.78
10 Day Low22.3
20 Day High27.78
20 Day Low22.3
52 Week High30.56
52 Week Low21
Performance
1 Week3.11%
2 Weeks1.91%
1 Month1.84%
3 Month-2.48%
6 Month8.25%
12 Month28.77%
2 Year30.06%
3 Year51.7%
5 Year600.26%
10 Year-21.18%
15 Year12.34%
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)58.41
LBB24.9
UBB27.86
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 |
|---|---|---|---|
| 28.58 | 26.98 | 1.60 (5.60%) | 17.86% |
| An entry @28.58. This is a Buy Stop order right above the resistance zone. | An exit @26.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.60 points, which is 5.60%. | When investing 17.86% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
27.17
+0.39 (+1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.44%
1 Week3.11%
2 Weeks1.91%
1 Month1.84%
3 Month-2.48%
6 Month8.25%
12 Month28.77%
2 Year30.06%
3 Year51.7%
5 Year600.26%
10 Year-21.18%
15 Year12.34%
Volatility
ATR(14)1.41
ATR(20)%4.23%
ATR Inc-44.92%
Range Today0.5
ADR(20)1.05
ADR(20)%3.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.55
Mansfield1.49
10 Day High27.78
10 Day Low22.3
20 Day High27.78
20 Day Low22.3
52 Week High30.56
52 Week Low21
CS1 End26.99
CR1 Start28.57
Volume & EV
DER(3)2.81%
DER(5)2.03%
Volume244.10K
Volume Incr-13.99%
Vol(5)445.98K
Vol(50)438.64K