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Stock Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
American Resources Corporation - Class A (NASDAQ:AREC)
Strong Downtrend (-100) - AREC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AREC continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AREC?
MarketClub looks at technical strength and momentum to determine if the timing is right for AREC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AREC
The long-term trend has been DOWN since Apr 22nd, 2024 at 1.26
The intermediate-term trend has been DOWN since May 7th, 2024 at 1.24
The short-term trend has been DOWN since May 6th, 2024 at 1.39
Smart Scan Analysis for AREC
Based on our trend formula, AREC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3300 | 1.3600 | 1.2300 | 1.2499 | -0.0501 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3000 | 714933 | 2024-05-07 15:59:40 |
| Year High | 13 | Year High Date | 2018-11-05 |
| Year Low | 0.4603 | Year Low Date | 2018-03-01 |
| 52wk High | 2.16 | 52wk High Date | 2023-06-20 |
| 52wk Low | 1.2 | 52wk Low Date | 2023-09-20 |
| Average Volume | 255,793 | Shares Outstanding | 78,268 |
| Market Cap | 21M | Assets | 91,746,164M |
| Liabilities | 91,522,320M | P/E Ratio | 9.7143 |
| Volatility | 165.4 |