ARROW FINANCIAL CORP (AROW) Stock Technical Analysis
NASDAQ:AROW - Nasdaq - US0427441029 - Common Stock - Currency: USD
Overall AROW gets a technical rating of 3 out of 10. AROW performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, AROW is a bad performer in the overall market: 68% of all stocks are doing better.
AROW is part of the Banks industry. There are 392 other stocks in this industry, of which 73% are performing better than AROW.
In the last month AROW has a been trading in the 25.84 - 27.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
AROW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AROW is lagging the market.
Although the technical rating is bad, AROW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 26.44, a Stop Loss order could be placed below this zone.
More info and screens
23.48
28.30
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.84 to 26.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.30 to 24.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.72 to 23.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 26.84 to 27.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.88 to 28.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AROW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AROW is neutral. |
| ChartMill Relative Strength | 32.74 | NEUTRAL | AROW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AROW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AROW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AROW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.51 | NEUTRAL | The RSI value for AROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests AROW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.98 | NEUTRAL | The Stochastics value for AROW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for AROW suggests some volalility. |
| Average Directional Index/ADX (14) | 12.08 | NEGATIVE | The low ADX value for AROW suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
26.82
+0.25 (+0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.94%
1 Week-1.72%
2 Weeks0.3%
1 Month-3%
3 Month2.64%
6 Month-0.26%
12 Month-2.97%
2 Year56.87%
3 Year-11.39%
5 Year-0.69%
10 Year3.35%
15 Year24.8%
Volatility
ATR(14)0.59
ATR(20)%2.31%
ATR Inc-22.82%
Range Today0.55
ADR(20)0.58
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.74
Mansfield-0.99
10 Day High27.63
10 Day Low25.84
20 Day High27.88
20 Day Low25.84
52 Week High34.63
52 Week Low22.72
CS1 End26.44
CR1 Start26.84
Volume & EV
DER(3)0.31%
DER(5)1.43%
Volume32.50K
Volume Incr17.32%
Vol(5)39.22K
Vol(50)40.64K