ARROW FINANCIAL CORP (AROW) Stock Technical Analysis
NASDAQ:AROW - US0427441029 - Common Stock
29.42 USD
-0.15 (-0.51%)
29.5 USD
+0.08 (+0.27%)
Overall AROW gets a technical rating of 8 out of 10. Although AROW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
AROW is part of the Banks industry. There are 393 other stocks in this industry, of which 66% are performing better than AROW.
The long and short term trends are both positive. This is looking good!
In the last month AROW has a been trading in the 25.84 - 29.94 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, AROW outperforms 51% of them, which is more or less in line with the market.
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.
AROW has an excellent technical rating, but the quality of the setup is only medium 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
24.16
29.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 26.04 to 26.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.09 from a horizontal line in the weekly time frame.
- A support zone ranging from 24.40 to 24.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @29.57 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 | UP | POSITIVE | The long term trend for AROW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AROW is up. |
| ChartMill Relative Strength | 51.24 | NEUTRAL | AROW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AROW is above 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) | DOWN | MIXED | The current price of AROW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.08 | NEUTRAL | The RSI value for AROW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests AROW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.9 | OVERBOUGHT | The high Stochastics value suggests AROW may be overbought. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for AROW suggests some volalility. |
| Average Directional Index/ADX (14) | 19.91 | 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)
29.42
-0.15 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.51%
1 Week4.47%
2 Weeks1.66%
1 Month9.65%
3 Month14.25%
6 Month8.84%
12 Month-3.51%
2 Year72.08%
3 Year-2.8%
5 Year8.94%
10 Year13.37%
15 Year36.89%
Volatility
ATR(14)0.78
ATR(20)%2.5%
ATR Inc-6.37%
Range Today0.82
ADR(20)0.69
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.24
Mansfield-0.3
10 Day High29.94
10 Day Low27.7
20 Day High29.94
20 Day Low25.84
52 Week High34.63
52 Week Low22.72
CS1 End26.58
CR1 Start29.57
Volume & EV
DER(3)-2.7%
DER(5)-1.13%
Volume75.10K
Volume Incr26.79%
Vol(5)47.92K
Vol(50)40.91K