ALLIANCE RESOURCE PARTNERS (ARLP) Stock Technical Analysis
NASDAQ:ARLP - Nasdaq - US01877R1086 - Currency: USD
We assign a technical rating of 2 out of 10 to ARLP. Although ARLP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ARLP has a been trading in the 24.31 - 27.47 range, which is quite wide. It is currently trading near the lows of this range.
ARLP is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. ARLP outperforms 80% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, ARLP did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
The technical rating of ARLP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.96
28.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.82 to 24.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.16 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @24.84 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.23 to 26.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.57 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
CRS83.05
Mansfield-0.19
10 Day High26.92
10 Day Low24.31
20 Day High27.47
20 Day Low24.31
52 Week High30.56
52 Week Low19.16
Performance
1 Week-5.37%
2 Weeks-7%
1 Month-11.26%
3 Month-6.2%
6 Month8.1%
12 Month24.74%
2 Year23.1%
3 Year60.92%
5 Year700.97%
10 Year-25.73%
15 Year18.49%
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)-0.2
RSI(14)33.11
LBB24.44
UBB27.74
24.83
+0.01 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.04%
1 Week-5.37%
2 Weeks-7%
1 Month-11.26%
3 Month-6.2%
6 Month8.1%
12 Month24.74%
2 Year23.1%
3 Year60.92%
5 Year700.97%
10 Year-25.73%
15 Year18.49%
Volatility
ATR(14)0.59
ATR(20)%2.53%
ATR Inc-24.14%
Range Today0.38
ADR(20)0.59
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.05
Mansfield-0.19
10 Day High26.92
10 Day Low24.31
20 Day High27.47
20 Day Low24.31
52 Week High30.56
52 Week Low19.16
CS1 End24.82
CR1 Start24.84
Volume & EV
DER(3)-6%
DER(5)-4.15%
Volume162.20K
Volume Incr2.66%
Vol(5)418.04K
Vol(50)400.39K