Alpha Metallurgical Resources (AMR) stock continues in a multi-month uptrend, evidenced by its position well above longer-term moving averages. The stock has surged 31.46% over the past month and 64.82% over the past year, reflecting robust momentum in the metallurgical coal sector. Shorter-term, it experienced a 2.96% dip over five days before rebounding sharply with a 5.54% daily gain to close at 209.31 on elevated volume of 177,653 shares versus an average of 300,401. This price action suggests buyers defending higher levels amid broader market dynamics, with the stock maintaining above its 20-day simple moving average at 205.35.
The moving average configuration for AMR leans strongly bullish. Short-term simple moving averages signal buy: MA5 at 207.32, MA10 at 204.20, and MA20 at 205.35. The 50-day simple MA at 213.40 stands as a minor sell signal, with the current price testing this level after recent volatility. Longer-term MAs reinforce the uptrend: 100-day simple at 205.03 (buy), and crucially, the 200-day simple at 190.16 and exponential at 200.64, both buy as the stock trades above them. Exponential MAs across periods also predominantly buy, indicating sustained upward bias.
Momentum for Alpha Metallurgical Resources (AMR) shows neutral to bullish tones. The RSI(14) at 52.588 indicates balanced conditions, neither overbought nor oversold. MACD(12,26) at -1.91 flashes a sell, but some analyses highlight bullish hidden divergences on MACD and RSI, suggesting underlying strength. Stochastic readings vary but remain neutral overall. Overall technical indicators sum to strong buy with 7 buys, 1 neutral, and 1 sell, aligning with positive price behavior over recent quarters.
Key pivot points (classic) for AMR place immediate support at S1 206.17, S2 204.24, and S3 203.28, with the pivot at 207.12. Resistance emerges at R1 209.05, R2 210.00, and R3 211.93. Broader charts point to stronger support near 189.60 and resistance around 230.63, informed by Fibonacci extensions. The 52-week low of 97.41 acts as major downside protection, while the high of 253.82 caps overhead supply. Recent consolidation near the 50-day MA at 213.40 serves as a pivotal zone.
Trading volume for Alpha Metallurgical Resources (AMR) spiked during the recent 5.54% advance, with 177,653 shares exchanged below the average of 300,401, yet supportive of the move. Over the past 30 days, volume has accompanied price expansion, indicating conviction among buyers. Elevated activity near key pivots underscores trader interest in this range-bound yet trending stock.
Tickeron’s AI Daily Buy/Sell Signals leverage artificial intelligence to scrutinize vast arrays of market data, technical indicators, and historical price patterns for Alpha Metallurgical Resources (AMR). These signals identify buy or sell opportunities by recognizing trends, momentum shifts, and recurring behaviors akin to past market conditions. Traders rely on them to pinpoint entry/exit points, validate ongoing trends, and refine decision-making processes. By automating complex analysis, the AI enhances efficiency for both confirming breakouts in stocks like AMR and managing risk in volatile sectors. Explore the AI signals for actionable insights tailored to current chart dynamics.
Traders monitoring Alpha Metallurgical Resources (AMR) will eye a hold above pivot support at 206.17 for continuation toward R1 209.05 and higher to 230.63 resistance. A dip testing 204.24 could signal consolidation, while strength past 210.00 may confirm bullish resumption. Watch RSI for overbought shifts above 70, MACD for crossover confirmation, and volume for breakout validation. The 50-day MA at 213.40 remains a critical battleground, with the long-term uptrend intact above the 200-day MA at 190.16.
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A.I.dvisor indicates that over the last year, AMR has been loosely correlated with SXC. These tickers have moved in lockstep 56% of the time. This A.I.-generated data suggests there is some statistical probability that if AMR jumps, then SXC could also see price increases.
| Ticker / NAME | Correlation To AMR | 1D Price Change % | ||
|---|---|---|---|---|
| AMR | 100% | +2.97% | ||
| SXC - AMR | 56% Loosely correlated | -2.46% | ||
| AREC - AMR | 8% Poorly correlated | -0.94% | ||
| HCC - AMR | 4% Poorly correlated | +1.71% | ||
| METCB - AMR | 3% Poorly correlated | -0.30% | ||
| METC - AMR | -4% Poorly correlated | +4.99% |