Alliance Resource Partners Technical Analysis (NASDAQ:ARLP)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Alliance Resource Partners stock price data and volume are plotted in ARLP stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Alliance Resource Partners. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Alliance Resource Partners stock analysis.
Alliance Resource Partners Moving Average
Moving averages show the ARLP stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Alliance Resource Partners are mostly signals of long term trends and will help long term traders.
Alliance Resource Partners Bollinger Bands
Bollinger bands comprise of a center line usually ARLP SMA, and two ARLP stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $19.2 is in the upper range of Alliance Resource Partners bollinger bands.
Alliance Resource Partners Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Alliance Resource Partners MACD indicator is below 0 indicating a bearish trend.
Alliance Resource Partners Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of ARLP stock is 69.09.