AMERESCO INC-CL A (AMRC) Stock Technical Analysis
USA - NYSE:AMRC - US02361E1082 - Common Stock
We assign a technical rating of 6 out of 10 to AMRC. In the last year, AMRC was one of the better performers, but we do observe some doubts in the very recent evolution.
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
19.79
3 important support areas can be observed.
- Support @31.52 from a horizontal line in the daily time frame.
- Support @23.38 from a trend line in the daily time frame.
- Support @19.99 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for AMRC is down. |
| ChartMill Relative Strength | 90.71 | POSITIVE | AMRC has a high relative strength, it outperformed 90.71% 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) | UP | MIXED | The current price of AMRC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.86 | NEUTRAL | The RSI value for AMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests AMRC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.34 | OVERSOLD | The low Stochastics value suggests AMRC may be oversold. |
| Average True Range in percent/ATR (20) | 7.51 | HIGH VOLATILITY | The high ATR as a percentage value for AMRC suggests high volalility. |
| Average Directional Index/ADX (14) | 34.08 | POSITIVE | The high ADX value value for AMRC suggests a strong trend. |
32.16
+0.64 (+2.03%)
AMERESCO INC-CL A / AMRC FAQ
Can you provide the ChartMill technical rating for AMERESCO INC-CL A?
ChartMill assigns a technical rating of 6 / 10 to AMRC.
Can you provide the trend direction for AMERESCO INC-CL A?
The current trend direction for AMERESCO INC-CL A (AMRC) is Bullish.
What is the RSI signal for AMERESCO INC-CL A (AMRC) stock?
AMERESCO INC-CL A (AMRC) has an RSI value of 36.8574. 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 -1.08184, indicating a bearish trend.
What is the support and resistance level for AMRC stock?
AMERESCO INC-CL A (AMRC) has a support level at 31.52. Check the full technical report for our detailed analysis of AMRC support and resistance levels.