AMRC Forecast and Technical Stock Analysis
Buy candidate since 2019-08-15 Gain 3.08%
Ameresco Inc gained 3.08% in the last trading day ( Friday, 16th Aug 2019 ), rising from $14.30 to $14.74 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 3.79% from a day low at $14.24 to a day high of $14.78. The price has fallen in 7 of the last 10 days , but is still up by 4.54% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 32 864 more shares were traded than the day before. In total, 97 637 shares bought and sold for approximately $1.44 million.
- 30 day high of the AMRC stock price was $15.00 and low was $13.11.
- 90 day high was $16.05 and low was $13.11.
- 52 week high for Ameresco Inc - $18.05 and low - $11.73.
Ameresco Inc has broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is $14.37, a level that may pose a second chance to hit a runner. According to fan-theory $15.74 will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.
Only positive signals in the chart today. Ameresco Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $14.32 and $14.28. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday August 14, 2019, which indicates further gains until a new top pivot has been found. Ameresco Inc has rising volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 56 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Ameresco Inc finds support from accumulated volume at $14.73.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.54 (3.79%) between high and low. For the last week, the stock has had daily average volatility of 2.96%.
Our recommended stop-loss: $14.12 (-4.18%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)
2.96 %Average volatility
Very Low Low Medium High Very High
Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period.
|AMRC $14.74 ($0.44 3.08%)|
AMRC is up $0.44 today, but where's it headed in 2019?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
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