AMERESCO INC-CL A (AMRC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AMRC - US02361E1082 - Common Stock
We assign a technical rating of 0 out of 10 to AMRC. AMRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, AMRC does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
26.36
We found 3 important support areas.
- A support zone ranging from 29.62 to 30.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.13 from a horizontal line in the daily time frame.
- Support @26.63 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @35.08 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for AMRC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMRC is down. |
| ChartMill Relative Strength | 33.65 | NEUTRAL | AMRC is not amongst the best or worst performers 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 | POSITIVE | The current price of AMRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.74 | NEUTRAL | The RSI value for AMRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests AMRC has a positive trend. |
| Stochastics (14,3) | 30.96 | NEUTRAL | The Stochastics value for AMRC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for AMRC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for AMRC suggests a weak or negative trend. |
30.67
+1.38 (+4.71%)
AMERESCO INC-CL A / AMRC FAQ
What is the ChartMill technical rating of AMERESCO INC-CL A (AMRC) stock?
ChartMill assigns a technical rating of 0 / 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 45.7418. 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 0.124852, 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.