Alliance Resource Partners (ARLP) is on the Move, Here's Why the Trend Could be Sustainable

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the utility of a "Recent Price Strength" screen to identify stocks with strong fundamentals that can maintain upward momentum [1]. Group 1: Stock Performance - Alliance Resource Partners, L.P. (ARLP) has shown a solid price increase of 23.8% over the past 12 weeks, indicating strong investor interest [2]. - The stock has also maintained a price increase of 7.5% over the last four weeks, suggesting that the upward trend is still intact [2]. - ARLP is currently trading at 85.2% of its 52-week high-low range, indicating a potential breakout opportunity [2]. Group 2: Fundamental Strength - ARLP holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [3]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [3]. Group 3: Investment Strategy - The article suggests that ARLP may continue its price trend without reversal in the near future, making it a viable option for trend investing [4]. - In addition to ARLP, there are other stocks that meet the criteria of the "Recent Price Strength" screen, providing additional investment opportunities [4].