Technical Analysis for AMRC - Ameresco, Inc.

Grade Last Price % Change Price Change
D 21.48 2.38% 0.50
AMRC closed up 2.38 percent on Friday, April 26, 2024, on 63 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
Earnings due: May 7
*** please verify all earnings dates ***
2 Watchers
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Signal Line Cross Bullish 0.00%
Wide Bands Range Expansion 0.00%
Fell Below 50 DMA Bearish 2.38%
Multiple of Ten Bullish Other 2.38%
Wide Bands Range Expansion 2.38%
Gapped Down Weakness 2.38%
Crossed Above 50 DMA Bullish 0.89%

   Recent Intraday Alerts

Alert Time
20 DMA Resistance about 11 hours ago
60 Minute Opening Range Breakout about 15 hours ago
Up 5% about 15 hours ago
Rose Above 20 DMA about 16 hours ago
Up 3% about 16 hours 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 Solar Energy Energy Development 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 569,258
200-Day Moving Average 31.98
50-Day Moving Average 21.08
20-Day Moving Average 21.53
10-Day Moving Average 19.92
Average True Range 1.38
RSI (14) 52.38
ADX 14.13
+DI 32.17
-DI 23.23
Chandelier Exit (Long, 3 ATRs) 20.85
Chandelier Exit (Short, 3 ATRs) 22.45
Upper Bollinger Bands 25.39
Lower Bollinger Band 17.67
Percent B (%b) 0.49
BandWidth 35.85
MACD Line -0.31
MACD Signal Line -0.34
MACD Histogram 0.0336
Fundamentals Value
Market Cap 735.36 Million
Num Shares 34.2 Million
EPS 0.88
Price-to-Earnings (P/E) Ratio 24.41
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) 23.31
Resistance 3 (R3) 23.38 22.84 23.01
Resistance 2 (R2) 22.84 22.37 22.81 22.90
Resistance 1 (R1) 22.16 22.09 22.50 22.09 22.80
Pivot Point 21.62 21.62 21.79 21.59 21.62
Support 1 (S1) 20.94 21.15 21.28 20.87 20.16
Support 2 (S2) 20.40 20.87 20.37 20.06
Support 3 (S3) 19.72 20.40 19.96
Support 4 (S4) 19.65