ARRAY TECHNOLOGIES INC (ARRY) Stock Technical Analysis
NASDAQ:ARRY - Nasdaq - US04271T1007 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to ARRY. In the last year, ARRY was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
83% of all other stocks performed better in the past year than ARRY.
ARRY 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 ARRY is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ARRY has an average volume of 6318710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ARRY is part of the Electrical Equipment industry. There are 94 other stocks in this industry, ARRY did better than 46% of them.
In the last month ARRY has a been trading in the 4.92 - 8.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ARRY has an average technical rating and also 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
6.50
7.77
We found 1 important support area.
- A support zone ranging from 6.57 to 6.59. 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 7.02 to 7.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.69 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for ARRY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARRY is up. |
| ChartMill Relative Strength | 17.9 | NEGATIVE | ARRY has a low relative strength, it was outperformed by 82.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARRY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARRY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ARRY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.97 | NEUTRAL | The RSI value for ARRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ARRY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43 | NEUTRAL | The Stochastics value for ARRY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.73 | HIGH VOLATILITY | The high ATR as a percentage value for ARRY suggests high volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for ARRY suggests a possible start of a new 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)
NASDAQ:ARRY (6/5/2025, 1:33:03 PM)
7.015
+0.03 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.5%
1 Week1.6%
2 Weeks-9%
1 Month35.53%
3 Month13.5%
6 Month24.2%
12 Month-48.07%
2 Year-69.11%
3 Year-36.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%9.73%
ATR Inc-18.93%
Range Today0.56
ADR(20)0.59
ADR(20)%8.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.9
Mansfield-0.45
10 Day High7.51
10 Day Low5.52
20 Day High8.87
20 Day Low4.92
52 Week High14.27
52 Week Low3.76
CS1 End6.59
CR1 Start7.02
Volume & EV
DER(3)0.75%
DER(5)-0.31%
Volume2.99M
Volume Incr-58.58%
Vol(5)3.87M
Vol(50)6.32M