AMERESCO INC-CL A (AMRC) Stock Technical Analysis
NYSE:AMRC - US02361E1082 - Common Stock
25.43 USD
+0.14 (+0.55%)
25.43 USD
0 (0%)
We assign a technical rating of 9 out of 10 to AMRC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMRC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
AMRC is part of the Construction & Engineering industry. There are 53 other stocks in this industry. AMRC outperforms 71% of them.
In the last month AMRC has a been trading in the 15.90 - 25.90 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that AMRC is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
AMRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMRC is lagging the market.
Although AMRC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.81
25.69
2 important support areas can be observed.
- Support @17.90 from a trend line in the daily time frame.
- Support @16.98 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.44 to 25.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AMRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMRC is up. |
| ChartMill Relative Strength | 87.62 | POSITIVE | AMRC has a high relative strength, it outperformed 87.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AMRC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.98 | NEUTRAL | The RSI value for AMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests AMRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.58 | OVERBOUGHT | The high Stochastics value suggests AMRC may be overbought. |
| Average True Range in percent/ATR (20) | 6.91 | HIGH VOLATILITY | The high ATR as a percentage value for AMRC suggests high volalility. |
| Average Directional Index/ADX (14) | 43.37 | POSITIVE | The high ADX value value for AMRC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
25.43
+0.14 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.55%
1 Week4.39%
2 Weeks18.67%
1 Month60.24%
3 Month84.54%
6 Month115.51%
12 Month-16.49%
2 Year-41.53%
3 Year-63.06%
5 Year-25.51%
10 Year348.5%
15 Year108.79%
Volatility
ATR(14)1.18
ATR(20)%6.91%
ATR Inc-20.42%
Range Today0.92
ADR(20)1.52
ADR(20)%5.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.62
Mansfield1.03
10 Day High25.9
10 Day Low21.89
20 Day High25.9
20 Day Low15.9
52 Week High39.68
52 Week Low8.49
CS1 End17.9
CR1 Start25.44
Volume & EV
DER(3)-0.6%
DER(5)2.01%
Volume430.30K
Volume Incr-37.3%
Vol(5)504.46K
Vol(50)751.28K