ARROW FINANCIAL CORP (AROW) Stock Technical Analysis
NASDAQ:AROW • US0427441029
Overall AROW gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AROW is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, AROW did better than 76% of all other stocks. We also observe that the gains produced by AROW over the past year are nicely spread over this period.
- AROW is one of the better performing stocks in the Banks industry, it outperforms 75% of 379 stocks in the same industry.
- AROW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AROW is lagging the market slightly.
- In the last month AROW has a been trading in the 32.14 - 36.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AROW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
25.05
6 important support areas can be observed.
- A support zone ranging from 32.99 to 33.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.96 from a trend line in the weekly time frame.
- Support @27.26 from a trend line in the daily time frame.
- Support @26.70 from a horizontal line in the daily time frame.
- Support @26.16 from a horizontal line in the daily time frame.
- Support @25.30 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @33.69 from a trend line in the daily time frame.
- A resistance zone ranging from 36.06 to 36.06. 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 | UP | POSITIVE | The long term trend for AROW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AROW is neutral. |
| ChartMill Relative Strength | 76.82 | POSITIVE | AROW has a high relative strength, it outperformed 76.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AROW is below the rising 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) | UP | POSITIVE | The current price of AROW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.02 | NEUTRAL | The RSI value for AROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests AROW has a negative trend. |
| Stochastics (14,3) | 36.92 | NEUTRAL | The Stochastics value for AROW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for AROW suggests some volalility. |
| Average Directional Index/ADX (14) | 14.74 | NEGATIVE | The low ADX value for AROW suggests a weak or negative trend. |
33.56
-1.56 (-4.44%)
ARROW FINANCIAL CORP / AROW FAQ
What is the ChartMill technical rating of ARROW FINANCIAL CORP (AROW) stock?
ChartMill assigns a technical rating of 9 / 10 to AROW.
Can you provide the trend direction for ARROW FINANCIAL CORP?
The current trend direction for ARROW FINANCIAL CORP (AROW) is Bullish.
Can you provide the RSI signal for ARROW FINANCIAL CORP?
ARROW FINANCIAL CORP (AROW) has an RSI value of 45.0191. This indicates that the stock is currently neutral.
What is the MACD signal for AROW stock?
The MACD indicator for ARROW FINANCIAL CORP (AROW) has a value of -0.20906, indicating a bearish trend.
Can you provide the support and resistance levels for ARROW FINANCIAL CORP?
ARROW FINANCIAL CORP (AROW) has a support level at 33.55 and a resistance level at 33.69. Check the full technical report for our detailed analysis of AROW support and resistance levels.