ARLP Price Prediction Next Week
Analysis and Insights
To predict the stock price of Alliance Resource Partners (ARLP) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
The current price of ARLP is $26.59 as of 2025-03-24. Key technical indicators include:
- RSI (14): 63.67 (neutral, not overbought or oversold)
- MACD: -0.21 (slightly bearish signal)
- Fibonacci Levels:
- Resistance: $26.38
- Support: $24.06
The stock is currently testing the upper resistance level of $26.38, with support at $24.06.
News Sentiment:
Recent news indicates positive developments for the coal industry:
- U.S. Interior Secretary Doug Burgum suggested reviving coal-fired power plants, which could increase demand for coal.
- President Trump announced plans to produce energy with "clean coal," potentially benefiting ARLP.
These developments could lead to increased interest in coal stocks, including ARLP.
Price Prediction:
Based on the Fibonacci levels and current resistance, the stock is expected to test the resistance level of $26.38 next week. If it breaks above this level, further upside is possible. However, if it fails to break out, a pullback to the support level of $24.06 is likely.
Recommendation:
Sell if the stock reaches the resistance level of $26.38, as the technical indicators suggest a potential pullback.
ARLP Similar Chart Price Prediction
The price of ARLP is predicted to go up -8.04%, based on the high correlation periods with TDG. The similarity of these two price pattern on the periods is 96.56%.
ARLP
TDG
Down: -8.04%Similarity: 96.56%
ARLP Revenue Forecast
ARLP EPS Forecast
ARLP FAQs
What is ARLP revenue forecast for next quarter？
ARLP Analyst's Forecast
Nathan Martin
Benchmark
Strong Buy
2024-10-29
Price Target
$26 → $27
Upside
+5.43%
Benchmark analyst Nathan Martin raised the firm's price target on Alliance Resource Partners to $27 from $26 and keeps a Buy rating on the shares. Alliance is finalizing additional contracts for about 21.7M tons over the 2025-2030 timeframe that will lift its 2025 commitments to historical levels heading into next year and while 2025 pricing will likely decline, the culmination of recent projects should drive costs lower, with management targeting flat year-over-year margins of 30%, the analyst tells investors in a post-earnings note.
