AMERESCO INC-CL A (AMRC)       60.16  -1.93 (-3.11%)

60.16  -1.93 (-3.11%)

US02361E1082 - Common Stock - After market: 60.16 0 (0%)

Technical Rating

5

Taking everything into account, AMRC scores 5 out of 10 in our technical rating. 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.



When comparing the yearly performance of all stocks, we notice that AMRC is one of the better performing stocks in the market, outperforming 89% of all stocks.
AMRC is part of the Construction & Engineering industry. There are 48 other stocks in this industry. AMRC outperforms 72% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
AMRC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month AMRC has a been trading in the 52.36 - 65.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Statistics

1 Month 3 Months 6 Months 12 Months 13.62% 13.64% -8.77% 27.92% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 89.79 40.73 - 86.73
AMRC Weekly chart
AMRC Daily chart

Support/Resistance Analysis


51.47

68.32
We found 4 important support areas.
  • Support @57.12 from a trend line in the weekly time frame.
  • Support @54.77 from a trend line in the daily time frame.
  • Support @52.93 from a horizontal line in the weekly time frame.
  • A support zone ranging from 51.99 to 52.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
  • A resistance zone ranging from 60.69 to 61.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 63.26 to 64.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 67.54 to 67.64. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

5

AMRC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

AMRC Daily chart

AMERESCO INC-CL A60.16

NYSE:AMRC (2/3/2023, 7:24:49 PM)-1.93 (-3.11%)

After market: 60.16 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Industrials
GICS Industry Construction & Engineering

Performance
Today -3.11% 1 Week -6.84%
2 Weeks -2.57% 1 Month 13.62%
3 Month 13.64% 6 Month -8.77%

Volatility
ATR(14) 3.01 ATR(20)% 4.79%
ATR Inc 51.57% Range Today 3.23

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 89.79 Mansfield -0.26
10 Day High 65.86 10 Day Low 60.07
20 Day High 65.86 20 Day Low 52.36
52 Week High 86.73 52 Week Low 40.73
CS1 End 57.12 CR1 Start 60.69

Volume & EV
DER(3) -3.05% DER(5) -3.04%
Volume 255.30K Volume Incr 19.54%
Vol(5) 267.41K Vol(50) 225.56K

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