Stronger Sell Today ARLP ranks #2981 as SELL CANDIDATE #2981 Weaker Sell

ARLP stock forecast Alliance Resource Partners

ARLP stock forecast

Wednesday October 16, 2019 Change -0.66% Price $13.60
Your prediction: Prediction: Request
VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

ARLP Forecast and Technical Stock Analysis


Sell candidate since 2019-10-01 Loss -11.11% PDF

Alliance Resource Partners fell by -0.66% in the last day ( Wednesday, 16th Oct 2019 ) from $13.69 to $13.60 During the day the stock fluctuated 1.47% from a day low at $13.60 to a day high of $13.80. The price has been going up and down for this period, and there has been a -7.92% loss for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -247 325 shares and in total 218 194 shares bought and sold for approximately $2.97 million.

Quick summary:

  • 30 day high of the ARLP stock price was $16.16 and low was $13.40.
  • 90 day high was $17.83 and low was $13.40.
  • 52 week high for Alliance Resource Partners - $20.78 and low - $13.40.
Top Trending Stocks

Trend

Alliance Resource Partners lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -14.50% during the next 3 months and, with 90% probability hold a price between $10.87 and $13.34 at the end of this period.

Top Golden Star Stocks

Signals

A buy signal was issued from a pivot bottom point on Monday October 14, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Alliance Resource Partners holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $13.76 and $15.30. A break-up above any of these levels will issue buy signals. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

The stock currently holds a RSI14 at 20 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.

Support & Resistance

Alliance Resource Partners finds support from accumulated volume at $13.51.

Support: $13.51 Price: $13.60 Resistance: $14.69

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.20 between high and low, or 1.47%. For the last week, the stock has had a daily average volatility of 2.33%.

Alliance Resource Partners is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a sell evaluation for this stock. No stop-loss set.

2.33 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Sell Candidate Upgraded

Evaluation

Alliance Resource Partners holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Stronger Sell Today ARLP ranks #2981 as SELL CANDIDATE #2981 Weaker Sell
Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSX | BRU

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!
Trading With Moving Average
As an investor, you always seek to understand what other... Full Article
Pivot Points
Pivot Points refer to points of significant change. As a... Full Article
Accumulated Volume - Support and Resistance
Volume is perhaps the best indicator of all and should... Full Article
Volume - The Indicator You Really Need to Know
Many new traders getting into the world of technical analysis... Full Article
We Give Back!
In 2016 StockInvest.us donated to NGO Goodwill projects to help purchase medical... Full Article
Better Buy: Amazon vs. Facebook
Amazon's stock slipped 21% over the past six months, as... Full Article

Proudly made at

ROCKIT