Unified Communications Industry News

TMCNet:  Ameresco Inc Down 19.9% Since SmarTrend Downtrend Call (AMRC)

[November 09, 2012]

Ameresco Inc Down 19.9% Since SmarTrend Downtrend Call (AMRC)

Nov 09, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Ameresco Inc (NASDAQ:AMRC) on October 25th, 2012 at $11.10. In approximately 2 weeks, Ameresco Inc has returned 19.87% as of today's recent price of $8.89.

Over the past year, Ameresco Inc has traded in a range of $8.29 to $14.73 and is now at $8.89, 7% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.3%.

Ameresco Inc. is an integrated electric energy corporation. The Company supplies a range of energy solutions, including energy cogeneration, hydro electric, and renewable energy facilities.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ameresco Inc.

Log in and add Ameresco Inc (AMRC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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