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 ARLP stock chart pattern can give those who understand technical analysis an indication of which way ARLP stock is headed, but cannot predict with 100% certainty as to what can happen to the Alliance Resource Partners stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Alliance Resource Partners. The technical analysis form of Alliance Resource Partners stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Alliance Resource Partners Moving Average
Moving averages help predict the price direction of ARLP stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $19.86 is above the price of $19.7.
Alliance Resource Partners Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the ARLP stock. The stock price is trading between the average and the lower band in the context 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 can be used to identify bullish and bearish trends for the stock.
Alliance Resource Partners Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of ARLP stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.