Technical Analysis for ARLP - Alliance Resource Partners, L.P. -

Grade Last Price % Change Price Change
B 22.45 -0.16% -0.04
ARLP closed down 0.16 percent on Wednesday, May 8, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Slingshot Bullish Bullish Swing Setup -0.16%
Wide Range Bar Range Expansion -0.16%
Upper Bollinger Band Walk Strength -0.16%
Overbought Stochastic Strength -0.16%
Upper Bollinger Band Touch Strength -0.16%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 7 hours ago
Possible NR7 about 9 hours ago
Possible Inside Day about 9 hours ago
Down 2 % about 9 hours ago
60 Minute Opening Range Breakdown about 12 hours ago

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Profile

Alliance Resource Partners, L.P. - Description

Alliance Resource Partners, L.P. engages in the production and marketing of coal primarily to utilities and industrial users in the United States. It operates 11 underground mining complexes in the Illinois Basin, central Appalachian, and northern Appalachian regions. The company also leases land and operates a coal loading terminal on the Ohio River at Mt. Vernon, Indiana; and purchases and resells coal. As of December 31, 2012, it had approximately 919.5 million tons of proven and probable coal reserves in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and west Virginia. In addition, the company provides mine products and services comprising design and installation of underground mine hoists for transporting employees and materials in and out of mines; design of systems for automating and controlling various aspects of industrial and mining environments; and design and sale of mine safety equipment, including its miner, and equipment tracking and proximity detection systems. Further, it offers ash and scrubber sludge removal, coal yard maintenance, and arranging alternate transportation services. Alliance Resource Management GP, LLC operates as a general partner of Alliance Resource Partners, L.P. The company was founded in 1971 and is headquartered in Tulsa, Oklahoma.


Classification

Sector: Basic Materials
Industry: Coal
Keywords: Mining Fuel Rubber Coal Resource Management Coal Mining Detection Systems Safety Equipment Mine Safety Sludge

Is ARLP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 23.1947
52 Week Low 14.9982
Average Volume 428,016
200-Day Moving Average 19.60
50-Day Moving Average 20.06
20-Day Moving Average 21.20
10-Day Moving Average 21.94
Average True Range 0.55
RSI (14) 71.51
ADX 41.87
+DI 35.90
-DI 14.41
Chandelier Exit (Long, 3 ATRs) 21.53
Chandelier Exit (Short, 3 ATRs) 21.64
Upper Bollinger Bands 23.01
Lower Bollinger Band 19.39
Percent B (%b) 0.84
BandWidth 17.09
MACD Line 0.72
MACD Signal Line 0.58
MACD Histogram 0.1383
Fundamentals Value
Market Cap 2.85 Billion
Num Shares 127 Million
EPS 4.81
Price-to-Earnings (P/E) Ratio 4.67
Price-to-Sales 1.01
Price-to-Book 1.35
PEG Ratio -1.04
Dividend 2.80
Dividend Yield 12.47%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.21
Resistance 3 (R3) 23.15 22.84 23.08
Resistance 2 (R2) 22.84 22.65 22.87 23.04
Resistance 1 (R1) 22.64 22.53 22.49 22.70 23.00
Pivot Point 22.33 22.33 22.25 22.36 22.33
Support 1 (S1) 22.13 22.14 21.98 22.19 21.89
Support 2 (S2) 21.82 22.02 21.85 21.85
Support 3 (S3) 21.62 21.82 21.81
Support 4 (S4) 21.68