Technical Analysis for AMRC - Ameresco, Inc.

Grade Last Price % Change Price Change
D 26.00 -9.75% -2.81
AMRC closed down 9.75 percent on Monday, July 1, 2024, on approximately normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. It ran into resistance at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Fell Below 200 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish -9.75%

   Recent Intraday Alerts

Alert Time
50 DMA Support 3 days ago
Fell Below 50 DMA 3 days ago
Down 1 ATR 3 days ago
Down 5% 3 days ago
Fell Below Lower Bollinger Band 3 days ago

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Profile

Ameresco, Inc. Description

Ameresco, Inc. provides energy efficiency solutions for facilities in the United States, Canada, and Europe. It engages in the development, design, engineering, and installation of projects that reduce the energy, and operations and maintenance costs of facilities. These projects primarily include various measures customized for the facility and designed to enhance the efficiency of building systems, such as heating, ventilation, air conditioning, and lighting systems. It also provides renewable energy projects and products, including the development, construction, operation of, and the arrangement of financing for, small-scale renewable energy plants that produce electricity, gas, heat, or cooling from renewable sources of energy; the sale of such electricity, processed LFG, heat, or cooling from plants that it owns; and the sale and installation of photovoltaic (PV) equipment, panels, and integrated PV systems. In addition, the company distributes PV panels, solar regulators, solar charge controllers, inverters, solar powered lighting systems, solar powered water pumps, solar panel mounting hardware, and other system components. Ameresco, Inc. offers its services primarily to governmental, educational, utility, healthcare and other institutional, commercial, and industrial entities. As of December 31, 2012, it had constructed approximately 100 renewable energy projects, and owned and operated 38 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was founded in 2000 and is headquartered in Framingham, Massachusetts.


Classification

Sector: Industrials
Industry: Engineering & Construction
Keywords: Electricity Renewable Energy Energy Conversion Photovoltaics Cooling Solar Power Alternative Energy Energy Development Solar Energy Energy Efficiency Inverters Solar Panel Energy Projects Photovoltaic System Renewable Energy Projects Technological Change Energy Efficiency Solutions

Is AMRC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 63.19
52 Week Low 17.55
Average Volume 505,058
200-Day Moving Average 27.67
50-Day Moving Average 29.10
20-Day Moving Average 32.98
10-Day Moving Average 31.10
Average True Range 1.82
RSI (14) 29.58
ADX 22.27
+DI 16.20
-DI 34.80
Chandelier Exit (Long, 3 ATRs) 32.30
Chandelier Exit (Short, 3 ATRs) 31.46
Upper Bollinger Bands 38.03
Lower Bollinger Band 27.93
Percent B (%b) -0.19
BandWidth 30.63
MACD Line -0.41
MACD Signal Line 0.67
MACD Histogram -1.0829
Fundamentals Value
Market Cap 890.1 Million
Num Shares 34.2 Million
EPS 0.88
Price-to-Earnings (P/E) Ratio 29.55
Price-to-Sales 0.92
Price-to-Book 1.37
PEG Ratio 0.47
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.71
Resistance 3 (R3) 31.23 30.18 29.93
Resistance 2 (R2) 30.18 28.98 29.92 29.66
Resistance 1 (R1) 28.09 28.24 27.57 27.57 29.40
Pivot Point 27.04 27.04 26.78 26.78 27.04
Support 1 (S1) 24.95 25.84 24.43 24.43 22.60
Support 2 (S2) 23.90 25.10 23.64 22.34
Support 3 (S3) 21.81 23.90 22.08
Support 4 (S4) 21.29