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TMCNet:  Downtrend Call Working As Ameresco Inc Stock Falls 13.0% (AMRC)

[December 17, 2012]

Downtrend Call Working As Ameresco Inc Stock Falls 13.0% (AMRC)

Dec 17, 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 months, Ameresco Inc has returned 13.02% as of today's recent price of $9.65.
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Ameresco Inc share prices have moved between a 52-week high of $14.73 and a 52-week low of $8.29 and are now trading 17% above that low price at $9.70 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.3% while the 200-day MA has slid 0.9%.

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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