ARRAY TECHNOLOGIES INC (ARRY)

US04271T1007 - Common Stock

13.46  +0.4 (+3.06%)

After market: 13.5997 +0.14 (+1.04%)

Technical Rating and Analysis

1

Overall ARRY gets a technical rating of 1 out of 10. ARRY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
82% 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.
In the last month ARRY has a been trading in the 10.82 - 14.71 range, which is quite wide. It is currently trading near the high of this range.
ARRY has an average volume of 6001010 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 86 other stocks in this industry, ARRY did better than 52% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ARRY Weekly chart
ARRY Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

12.21

15.26

We found 1 important support area.

  • A support zone ranging from 12.33 to 12.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 13.56 to 13.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @14.45 from a trend line in the daily time frame.
  • A resistance zone ranging from 14.92 to 15.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18
Mansfield-3.28
10 Day High13.98
10 Day Low11.08
20 Day High14.71
20 Day Low10.82
52 Week High26.64
52 Week Low10.82
Performance
1 Week8.55%
2 Weeks19.43%
1 Month-2.46%
3 Month-1.61%
6 Month-25.76%
12 Month-26.73%
2 Year21.48%
3 Year-17.42%
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)0.17
RSI(14)57.25
LBB10.67
UBB13.45
ARRY Daily chart

ARRAY TECHNOLOGIES INC

NASDAQ:ARRY (5/3/2024, 3:43:25 PM)

After market: 13.5997 +0.14 (+1.04%)

13.46

+0.4 (+3.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg3.06%
1 Week8.55%
2 Weeks19.43%
1 Month-2.46%
3 Month-1.61%
6 Month-25.76%
12 Month-26.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.72
ATR(20)%5.73%
ATR Inc
Range Today0.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High13.98
10 Day Low11.08
20 Day High14.71
20 Day Low10.82
52 Week High26.64
52 Week Low10.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.56M
Volume Incr-3.04%
Vol(5)5.07M
Vol(50)6.00M