Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Alliance Resource Partners, L.P. - Common Units Representing Limited Partnership Interests (NASDAQ:ARLP)
Countertrend Up (+85) - ARLP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ARLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARLP.
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 ARLP
The long-term trend has been UP since Apr 29th, 2024 at 22.50
The intermediate-term trend has been UP since Mar 11th, 2024 at 19.96
The short-term trend has been DOWN since May 7th, 2024 at 22.64
Smart Scan Analysis for ARLP
Based on our trend formula, ARLP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.360 | 22.790 | 22.360 | 22.730 | +0.285 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.445 | 189375 | 2024-05-09 11:29:30 |
| Year High | 21.9 | Year High Date | 2018-01-26 |
| Year Low | 15.55 | Year Low Date | 2018-04-26 |
| 52wk High | 24.3 | 52wk High Date | 2023-10-19 |
| 52wk Low | 17.05 | 52wk Low Date | 2023-05-31 |
| Year End Close | 58.0584 | Average Volume | 533,699 |
| Shares Outstanding | 127,195 | Short Interest | 143,644 |
| % Institutional | 23.8 | Market Cap | 2,118M |
| Assets | 278,842,600M | Liabilities | 953,924,000M |
| P/E Ratio | 4.6663 | Beta | 0.89 |
| Volatility | 22.6 |