AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
_6ff029a61766633234293.png?format=webp&width=1186&height=250)
Alliance Resource Partners Enters Oversold Territory: RSI Falls to 29.7.
ByAinvest
Monday, Aug 18, 2025 11:45 am ET1min read
Alliance Resource Partners LP (ARLP) shares entered oversold territory with a Relative Strength Index (RSI) reading of 29.7, below the average RSI of 52.6 for metals and mining stocks. A bullish investor could see this as a sign of exhaustion and look for entry point opportunities on the buy side. ARLP's 52-week low is $22.30 and high is $30.56, and shares are currently trading at $23.86, down 2.6% on the day.
Alliance Resource Partners LP (ARLP) shares have entered oversold territory, with the Relative Strength Index (RSI) reading at 29.7. This is well below the average RSI of 52.6 for metals and mining stocks, indicating a significant selling pressure. The RSI is a technical analysis indicator used to measure momentum on a scale of zero to 100, where a stock is considered oversold if the RSI reading falls below 30 [1].ARLP's shares traded as low as $23.78 on Monday, reaching a 52-week low of $22.30 and a 52-week high of $30.56. Currently, the shares are trading at $23.86, down 2.6% on the day. A bullish investor might interpret this RSI reading as a sign that the recent heavy selling is nearing exhaustion and could be an entry point opportunity [1].
The company has also recently announced the promotion of Jesse M. Parrish to Sr. Vice President and Chief Commercial Officer of ARLP's subsidiary, Alliance Coal, LLC. In his expanded role, Parrish will oversee Alliance Coal's commercial strategy, including sales, marketing, logistics, and government relations. This move comes as the company aims to pursue opportunities in the growing power infrastructure sector and preserve the nation's coal fleet [2].
Alliance Resource Partners LP is a diversified energy company that is currently the second-largest coal producer in the eastern United States. The company supplies reliable and affordable energy to major utilities, metallurgical, and industrial users both domestically and internationally. In addition to its coal operations, ARLP generates operating and royalty income from mineral interests in strategic coal and oil & gas producing regions in the United States [2].
References:
[1] https://www.nasdaq.com/articles/alliance-resource-partners-arlp-shares-enter-oversold-territory
[2] https://www.nasdaq.com/press-release/alliance-resource-partners-lp-announces-promotion-jesse-m-parrish-sr-vice-president
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet