ARROW FINANCIAL CORP (AROW) Stock Technical Analysis
NASDAQ:AROW - Nasdaq - US0427441029 - Common Stock - Currency: USD
Taking everything into account, AROW scores 1 out of 10 in our technical rating. AROW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
AROW is part of the Banks industry. There are 396 other stocks in this industry, of which 81% are performing better than AROW.
AROW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AROW is lagging the market.
In the last month AROW has a been trading in the 25.06 - 26.90 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, AROW turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
The technical rating of AROW is bad and it also does not present a quality setup 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
23.48
28.16
When analyzing the support we can see 2 important areas.
- Support @24.39 from a trend line in the weekly time frame.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.36 to 27.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.88 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for AROW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AROW is neutral. |
| ChartMill Relative Strength | 44.21 | 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) | DOWN | NEGATIVE | The current price of AROW is below a declining 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) | 44.33 | NEUTRAL | The RSI value for AROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AROW has a negative trend. |
| Stochastics (14,3) | 58.11 | NEUTRAL | The Stochastics value for AROW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for AROW suggests some volalility. |
| Average Directional Index/ADX (14) | 10.51 | 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)
25.32
-0.83 (-3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3.17%
1 Week-2.62%
2 Weeks-1.67%
1 Month-5.35%
3 Month-3.73%
6 Month-18.66%
12 Month4.58%
2 Year29.49%
3 Year-15.55%
5 Year-9.65%
10 Year-0.62%
15 Year16.29%
Volatility
ATR(14)0.51
ATR(20)%2.03%
ATR Inc31.96%
Range Today0.55
ADR(20)0.48
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.21
Mansfield-1.27
10 Day High26.42
10 Day Low25.06
20 Day High26.9
20 Day Low25.06
52 Week High34.63
52 Week Low22.72
CS1 End24.39
CR1 Start25.36
Volume & EV
DER(3)-3.89%
DER(5)-2.94%
Volume44.40K
Volume Incr-1.98%
Vol(5)41.64K
Vol(50)47.46K