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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

American Resources Corporation - Class A (NASDAQ:AREC)

Long-Term Downtrend (-90) - AREC is in a strong downtrend that is likely to continue. While AREC is showing intraday strength, it remains in the confines of a bearish trend. 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.

NASDAQ_AREC
Open High Low AREC Price Change
0.6300 0.6894 0.6020 0.6530 +0.0306
Entry Signal

MarketClub’s Trade Triangles for AREC

long term down The long-term trend has been DOWN since Apr 22nd, 2024 at 1.2600

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 1.2400

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 0.6909

Smart Scan Analysis for AREC

Based on our trend formula, AREC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AREC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6300 0.6894 0.6020 0.6530 +0.0306
Prev. Close Volume Bid Ask Time
0.6224 744858 2024-07-24 15:59:13
Year High13Year High Date2018-11-05
Year Low0.4603Year Low Date2018-03-01
52wk High252wk High Date2023-07-25
52wk Low0.591452wk Low Date2024-06-13
Average Volume491,285Shares Outstanding77,393
Market Cap21MAssets216,093,881M
Liabilities235,894,876MP/E Ratio9.7143
Volatility165.4
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