Technical Analysis for AREC - American Resources Corporation

Grade Last Price % Change Price Change
D 2.58 -6.18% -0.17
AREC closed down 6.18 percent on Thursday, May 13, 2021, on 28 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Down Down
Historical AREC trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Earnings Movers Other 0.00%
BB Squeeze Ended Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
MACD Bearish Signal Line Cross Bearish -6.18%
180 Bearish Setup Bearish Swing Setup -6.18%
Bollinger Band Squeeze Range Contraction -6.18%
Earnings Movers Other -6.18%
BB Squeeze + Lower Band Touch Range Contraction -6.18%
Older End-of-Day Signals for AREC ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 10% about 16 hours ago
200 DMA Support about 16 hours ago
Fell Below 200 DMA about 16 hours ago
Down 5% about 17 hours ago
Down 3% about 18 hours ago
View Earlier Intraday Alerts

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Profile

American Resources Corporation Description

American Resources Corporation, formerly NGFC Equities, Inc., is engaged in constructing, purchasing and managing a chain of combined gasoline, diesel and natural gas (NG) fueling and service stations. The Company is involved in constructing conversion factories to convert NG to liquefied natural gas (LNG) and compressed natural gas (CNG), and constructing conversion factories to retrofit vehicles using gasoline or diesel fuel to also run on NG in the United States. The Company, through its subsidiary, Quest Energy Inc. (Quest Energy), is engaged in energy services, including mining, processing and logistics, with a primary focus on traditional energy sources such as coal and oil and gas. Quest Energy has four coal mining and processing operating subsidiaries: McCoy Elkhorn Coal LLC (doing business as McCoy Elkhorn Coal Company) (McCoy Elkhorn), Knott County Coal LLC (Knott County Coal), Deane Mining LLC (Deane Mining) and Quest Processing LLC (Quest Processing).


Classification

Sector: Basic Materials
Industry: Coal
Keywords: Natural Gas Mining Oil And Gas Fuels Chemical Substances Liquefied Natural Gas Fuel Gas Industrial Gases Energy Services Diesel Fuel Coal Coal Mining Energy Sources Energy Source Gasoline Compressed Natural Gas Fuel

Is AREC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 8.01
52 Week Low 0.87
Average Volume 3,261,729
200-Day Moving Average 2.57
50-Day Moving Average 3.59
20-Day Moving Average 3.08
10-Day Moving Average 2.94
Average True Range 0.35
ADX 20.57
+DI 10.60
-DI 27.60
Chandelier Exit (Long, 3 ATRs ) 2.60
Chandelier Exit (Short, 3 ATRs ) 3.51
Upper Bollinger Band 3.51
Lower Bollinger Band 2.64
Percent B (%b) -0.07
BandWidth 28.23
MACD Line -0.25
MACD Signal Line -0.23
MACD Histogram -0.0173
Fundamentals Value
Market Cap 91.85 Million
Num Shares 35.6 Million
EPS -2.27
Price-to-Earnings (P/E) Ratio -1.14
Price-to-Sales 6.83
Price-to-Book 2.19
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.26
Resistance 3 (R3) 3.29 3.11 3.14
Resistance 2 (R2) 3.11 2.93 3.09 3.10
Resistance 1 (R1) 2.84 2.83 2.75 2.81 3.07
Pivot Point 2.66 2.66 2.61 2.64 2.66
Support 1 (S1) 2.39 2.48 2.30 2.36 2.09
Support 2 (S2) 2.21 2.38 2.19 2.06
Support 3 (S3) 1.94 2.21 2.02
Support 4 (S4) 1.91