Is American Resources Corp. (Indiana) technically bullish or bearish?

Jun 25 2025 08:58 AM IST
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As of June 17, 2025, the trend is bullish with moderate strength, supported by a bullish MACD and daily moving averages, but mixed signals from monthly Bollinger Bands and Dow Theory suggest caution is warranted.
As of 17 June 2025, the technical trend has changed from sideways to bullish. The current stance is bullish with moderate strength. Key indicators include a bullish MACD on the weekly timeframe and a bullish signal from the daily moving averages. The KST is also bullish on the weekly, supporting the overall positive outlook. However, the monthly Bollinger Bands and Dow Theory show mixed signals, with mildly bearish readings, indicating some caution. The RSI shows no signals, suggesting a lack of momentum confirmation. Overall, while the trend is bullish, the mixed signals from other indicators suggest a need for careful monitoring.
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