Sep. 10 at 2:22 PM
⚡
$AMRC – Strong Recovery Momentum ⚡
Ameresco has been steadily climbing off its lows and just delivered a big +12% move.
📊 Technical view
Price surged to
$28+, clearing recent resistance levels.
Holding above the EMA(10)
$25.4 and SMA(20)
$24.1 → bullish momentum intact.
RSI ~70 → entering overbought territory, showing strength but also risk of a pause.
MACD bullish with strong separation from the signal line.
Volume expansion adds conviction to the breakout.
⚠️ Levels to watch
Support:
$25–26 zone (near EMAs).
Resistance:
$29 (recent high).
💡 Takeaway
$AMRC is showing a strong trend reversal with momentum firmly on the bulls’ side. The key question is whether it can hold above
$28 and push through
$29, or if a pullback to support comes first.
Not investment advice.