AMERESCO INC-CL A (AMRC) Technical Analysis
NYSE:AMRC • US02361E1082
Current stock price
AMRC Technical Rating and Analysis
Overall AMRC gets a technical rating of 2 out of 10. Although AMRC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month AMRC has a been trading in the 24.51 - 34.57 range, which is quite wide. It is currently trading near the lows of this range.
- AMRC is one of the better performing stocks in the Construction & Engineering industry, it outperforms 70% of 56 stocks in the same industry.
- When comparing the yearly performance of all stocks, we notice that AMRC is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- AMRC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMRC is lagging the market slightly.
AMRC Weekly and Daily overview Charts
AMRC Setup Rating and Analysis
AMRC has a poor technical rating and the quality of the setup is also only medium 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
AMRC Support and Resistance Analysis
24.03
We found 2 important support areas.
- A support zone ranging from 24.71 to 24.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.27 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 26.84 to 26.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 31.67 to 31.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
AMRC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for AMRC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMRC is down. |
| ChartMill Relative Strength | 91.91 | POSITIVE | AMRC has a high relative strength, it outperformed 91.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMRC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMRC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AMRC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.97 | NEUTRAL | The RSI value for AMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests AMRC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.75 | NEUTRAL | The Stochastics value for AMRC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for AMRC suggests high volalility. |
| Average Directional Index/ADX (14) | 37.83 | POSITIVE | The high ADX value value for AMRC suggests a strong trend. |
AMRC Chart- and CandleStick Pattern Analysis
AMRC Technicals: Chart, Performance Metrics, Trend & Indicators
26.83
+0.15 (+0.56%)
AMERESCO INC-CL A / AMRC TA FAQ
What is the ChartMill technical rating of AMERESCO INC-CL A (AMRC) stock?
ChartMill assigns a technical rating of 2 / 10 to AMRC.
What is the current trend direction of AMERESCO INC-CL A (AMRC) stock?
The current trend direction for AMERESCO INC-CL A (AMRC) is Bearish.
What is the RSI signal for AMERESCO INC-CL A (AMRC) stock?
AMERESCO INC-CL A (AMRC) has an RSI value of 41.9737. This indicates that the stock is currently neutral.
What is the MACD signal for AMRC stock?
The MACD indicator for AMERESCO INC-CL A (AMRC) has a value of -0.0687916, indicating a bearish trend.
What is the short term momentum for AMERESCO INC-CL A (AMRC) stock?
The short term momentum for AMERESCO INC-CL A (AMRC) is negative.