Ameresco Inc

Price decisively broke key support near $24.80 on high volume, confirming a bearish continuation and active Support Failure pattern. Short-term price action is extended below declining EMAs with no sign of exhaustion, reinforcing a bearish execution posture. Medium-term bias remains bearish in Stage 3 distribution with downward-sloping moving averages. Sell into any rally toward the broken support zone; no buy signals until support and EMAs are reclaimed.

• ↑Q2 2026 revenue reached $515.5M (+9% YoY), EPS $0.20 in line
• ↑Total project backlog hit $6.73B (+32% YoY), underpinning growth
• ↓Heavy debt load heightens leverage risk under economic stress