AMERESCO INC-CL A (AMRC)

US02361E1082 - Common Stock

18.56  -0.05 (-0.27%)

After market: 18.93 +0.37 (+1.99%)

Technical Rating and Analysis

0

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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
91% 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. 75% of 41 stocks in the same industry do better.
AMRC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AMRC is lagging the market.
In the last month AMRC has a been trading in the 18.32 - 24.99 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
AMRC Weekly chart
AMRC Daily chart
Setup Rating and Analysis

2

The technical rating of AMRC is bad and it also does not present a 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.

Support and Resistance Analysis

18.37

36.15

When analyzing the resistance we notice 6 important areas.

  • A resistance zone ranging from 21.22 to 21.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 22.18 to 22.26. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
  • Resistance @22.62 from a trend line in the daily time frame.
  • Resistance @23.43 from a trend line in the daily time frame.
  • Resistance @24.90 from a horizontal line in the daily time frame.
  • Resistance @35.79 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9
Mansfield-5.22
10 Day High24.62
10 Day Low18.32
20 Day High24.99
20 Day Low18.32
52 Week High63.19
52 Week Low17.55
Performance
1 Week-18.02%
2 Weeks-18.56%
1 Month-7.71%
3 Month-14.51%
6 Month-37.17%
12 Month-57.39%
2 Year-63.2%
3 Year-64.84%
5 Year23.24%
10 Year189.55%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.53
RSI(14)35.97
LBB17.96
UBB26.04
AMRC Daily chart

AMERESCO INC-CL A

NYSE:AMRC (4/18/2024, 7:04:00 PM)

After market: 18.93 +0.37 (+1.99%)

18.56

-0.05 (-0.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.27%
1 Week-18.02%
2 Weeks-18.56%
1 Month-7.71%
3 Month-14.51%
6 Month-37.17%
12 Month-57.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.43
ATR(20)%7.79%
ATR Inc
Range Today0.86
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.62
10 Day Low18.32
20 Day High24.99
20 Day Low18.32
52 Week High63.19
52 Week Low17.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume444.30K
Volume Incr-8.76%
Vol(5)518.60K
Vol(50)562.60K