AMERESCO INC-CL A (AMRC) Stock Technical Analysis
NYSE:AMRC - New York Stock Exchange, Inc. - US02361E1082 - Common Stock - Currency: USD
Taking everything into account, AMRC scores 4 out of 10 in our technical rating. In the past year, AMRC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
93% of all other stocks performed better in the past year than AMRC.
AMRC is one of the lesser performing stocks in the Construction & Engineering industry. 72% of 51 stocks in the same industry do better.
AMRC is currently trading in the lower part 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.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month AMRC has a been trading in the 9.99 - 15.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AMRC has an average technical rating and it also does not offer a high quality setup 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
13.51
15.12
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.34 to 14.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 14.97 to 14.97. 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 | DOWN | NEGATIVE | The long term trend for AMRC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMRC is up. |
| ChartMill Relative Strength | 7.81 | NEGATIVE | AMRC has a low relative strength, it was outperformed by 92.19% 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 | NEGATIVE | The current price of AMRC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.64 | NEUTRAL | The RSI value for AMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests AMRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.71 | NEUTRAL | The Stochastics value for AMRC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.53 | HIGH VOLATILITY | The high ATR as a percentage value for AMRC suggests high volalility. |
| Average Directional Index/ADX (14) | 31.34 | 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)
13.65
-0.51 (-3.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-3.6%
1 Week-7.52%
2 Weeks3.49%
1 Month35.69%
3 Month-26.97%
6 Month-48.24%
12 Month-59.81%
2 Year-68.31%
3 Year-76.75%
5 Year-36.39%
10 Year88.02%
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%7.53%
ATR Inc-20.96%
Range Today0.82
ADR(20)0.9
ADR(20)%6.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.81
Mansfield-4.56
10 Day High15.6
10 Day Low12.95
20 Day High15.6
20 Day Low9.99
52 Week High39.68
52 Week Low8.49
CS1 EndN/A
CR1 Start14.34
Volume & EV
DER(3)-5.3%
DER(5)-3.77%
Volume567.30K
Volume Incr-47.59%
Vol(5)433.54K
Vol(50)726.85K