(ARLP) Alliance Resource complete technical analysis [charts+indicators] | Buy/Sell Alliance Resource | (ARLP) share price targets
Complete technical analysis of Alliance Resource (ARLP) by charts plus indicators, forecast predictions and share price targets for Alliance Resource (ARLP)
Alliance Resource trades in USA in Energy sector.
Showing technical analysis as on 2024-04-16 View latest technical analysis
10 day averaged volume of Alliance Resource is 297160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 21.01 | 20.67 | 21.07 | 20.59 | 1.111 times |
| 15 Mon Apr 2024 | 20.88 | 21.16 | 21.22 | 20.75 | 1.068 times |
| 12 Fri Apr 2024 | 21.06 | 21.12 | 21.25 | 21.03 | 0.889 times |
| 11 Thu Apr 2024 | 21.06 | 21.04 | 21.11 | 20.91 | 0.849 times |
| 10 Wed Apr 2024 | 21.00 | 20.95 | 21.08 | 20.81 | 0.672 times |
| 09 Tue Apr 2024 | 20.98 | 21.10 | 21.20 | 20.95 | 0.705 times |
| 08 Mon Apr 2024 | 21.03 | 20.92 | 21.09 | 20.87 | 0.928 times |
| 05 Fri Apr 2024 | 20.91 | 20.97 | 20.97 | 20.65 | 1.257 times |
| 04 Thu Apr 2024 | 20.83 | 20.85 | 20.89 | 20.70 | 1.119 times |
| 03 Wed Apr 2024 | 20.70 | 20.50 | 20.80 | 20.42 | 1.198 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21, but if it comes below 21, then a intra day sell could be more profitable.
If you take a sell trade below 21, then use 21 as stoploss and 20.48 as target. However if you take a buy trade in stock , then use 21 as stoploss and 21.6 as target.
Share price targets for Alliance Resource (ARLP)
| Target Type | Value |
| Downside Target | 18.32 |
| Downside Target | 18.83 |
| Downside Target | 19.45 |
| Downside Target | 20.81 |
| Downside Target | 20.97 |
| Upside Target | 21.22 |
| Upside Target | 21.25 |
| Upside Target | 21.50 |
| Upside Target | 22.50 |
Intraday share price targets for Alliance Resource (ARLP)
| Target Type | Value |
| Downside Intraday Target | 20.66 |
| Downside Intraday Target | 20.31 |
| Upside Intraday Target | 21.29 |
| Upside Intraday Target | 21.57 |
| Downside Intraday Target | 20.94 |
Weekly technical analysis of Alliance Resource (ARLP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 21.01 | 21.16 | 21.22 | 20.59 | 0.539 times |
| 12 Fri Apr 2024 | 21.06 | 20.92 | 21.25 | 20.81 | 0.7 times |
| 05 Fri Apr 2024 | 20.91 | 20.10 | 20.97 | 20.05 | 1.412 times |
| 28 Thu Mar 2024 | 20.05 | 19.78 | 20.40 | 19.73 | 0.909 times |
| 22 Fri Mar 2024 | 19.71 | 19.70 | 20.18 | 19.45 | 0.61 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Alliance Resource (ARLP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 21.01 | 20.10 | 21.25 | 20.05 | 0.474 times |
| 28 Thu Mar 2024 | 20.05 | 19.12 | 20.40 | 18.32 | 0.679 times |
| 29 Thu Feb 2024 | 19.00 | 21.21 | 21.50 | 18.83 | 0.969 times |
| 31 Wed Jan 2024 | 21.01 | 21.35 | 22.50 | 20.00 | 1.064 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Alliance Resource (ARLP)
Price action analysis of Alliance Resource ( (ARLP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Alliance Resource ( (ARLP) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Alliance Resource ( (ARLP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Alliance Resource ( (ARLP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Alliance Resource stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Alliance Resource in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Alliance Resource Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Alliance Resource in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Alliance Resource is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.93 and Alliance Resource (ARLP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Alliance Resource (ARLP) stock. Volume based technical analysis of Alliance Resource (ARLP) stock is negative.
Alliance Resource Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Alliance Resource ( (ARLP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Alliance Resource ( (ARLP) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Alliance Resource ( (ARLP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Alliance Resource ( (ARLP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Alliance Resource stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Alliance Resource in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Alliance Resource Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Alliance Resource in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Alliance Resource is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.93 and Alliance Resource (ARLP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Alliance Resource (ARLP) stock. Volume based technical analysis of Alliance Resource (ARLP) stock is negative.
Alliance Resource Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.