| AMRC latest price $47.4000 (-3.7%) ($46.8850 - $49.4900) on Mon. Apr. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 59 |
Latest Price | $47.4000(-3.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | AMRC advances 1.3% a day on average for past five trading days. |
Weekly Trend | AMRC advances 4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support AMRC advance at 0% a week (0% probability) ACES(59%) ARKK(45%) ARKG(44%) BLOK(44%) XME(39%) |
Factors Impacting AMRC price | AMRC will decline at least -1.9% in a week (0% probabilities). VXX(-12%) SKYY(-10%) VIXM(-9%) SHY(-9%) SMH(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.9% (StdDev 3.8%) |
Hourly BBV | -0.8 () |
Intraday Trend | -3.4% |
| |
|
|