AMPS Altus Power Forecast, Technical & Fundamental Analysis

AMPS in -3.78% downward trend, falling for three consecutive days on December 31, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where AMPS declined for three days, in of 201 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 40 cases where AMPS's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Aroon Indicator for AMPS entered a downward trend on January 02, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 23, 2024. You may want to consider a long position or call options on AMPS as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for AMPS just turned positive on December 26, 2024. Looking at past instances where AMPS's MACD turned positive, the stock continued to rise in of 36 cases over the following month. The odds of a continued upward trend are .

AMPS moved above its 50-day moving average on December 23, 2024 date and that indicates a change from a downward trend to an upward trend.

The 50-day moving average for AMPS moved above the 200-day moving average on January 06, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AMPS advanced for three days, in of 200 cases, the price rose further within the following month. The odds of a continued upward trend are .