ARRAY TECHNOLOGIES INC (ARRY) Stock Technical Analysis
NASDAQ:ARRY - Nasdaq - US04271T1007 - Common Stock - Currency: USD
Overall ARRY gets a technical rating of 1 out of 10. ARRY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
When comparing the yearly performance of all stocks, ARRY is a bad performer in the overall market: 93% of all stocks are doing better.
ARRY is one of the lesser performing stocks in the Electrical Equipment industry. 62% of 97 stocks in the same industry do better.
ARRY is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month ARRY has a been trading in the 3.76 - 5.43 range, which is quite wide. It is currently trading near the high of this range.
ARRY has an average volume of 5283550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ARRY 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
4.97
7.69
When analyzing the resistance we notice 4 important areas.
- Resistance @5.12 from a trend line in the daily time frame.
- A resistance zone ranging from 5.26 to 5.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.02 from a trend line in the daily time frame.
- Resistance @7.61 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.25
Mansfield-3.45
10 Day High5.44
10 Day Low3.98
20 Day High5.44
20 Day Low3.76
52 Week High14.85
52 Week Low3.76
Performance
1 Week0%
2 Weeks15.94%
1 Month13.32%
3 Month-31.51%
6 Month-25.07%
12 Month-62.7%
2 Year-77.36%
3 Year-54.69%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)52.68
LBB3.73
UBB5.5
5.02
-0.13 (-2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.52%
1 Week0%
2 Weeks15.94%
1 Month13.32%
3 Month-31.51%
6 Month-25.07%
12 Month-62.7%
2 Year-77.36%
3 Year-54.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%8.03%
ATR Inc6.94%
Range Today0.3
ADR(20)0.38
ADR(20)%7.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.25
Mansfield-3.45
10 Day High5.44
10 Day Low3.98
20 Day High5.44
20 Day Low3.76
52 Week High14.85
52 Week Low3.76
CS1 EndN/A
CR1 Start5.12
Volume & EV
DER(3)3.3%
DER(5)3.18%
Volume6.48M
Volume Incr62.39%
Vol(5)6.90M
Vol(50)5.28M