ARROW ELECTRONICS INC (ARW)
US0427351004 - Common Stock
We assign a technical rating of 5 out of 10 to ARW. ARW has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month ARW has a been trading in the 119.06 - 129.84 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, ARW turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
ARW is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry, ARW did better than 60% of them.
ARW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ARW is lagging the market slightly.
Volume is considerably higher in the last couple of days.
ARW has an average technical rating and it also does not offer a high 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
107.89
135.22
When analyzing the support we can see 3 important areas.
- Support @116.99 from a horizontal line in the daily time frame.
- Support @114.86 from a trend line in the weekly time frame.
- A support zone ranging from 108.98 to 111.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 125.55 to 130.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @133.88 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
CRS59.01
Mansfield-1.04
10 Day High129.84
10 Day Low119.06
20 Day High129.84
20 Day Low119.06
52 Week High147.42
52 Week Low108.51
Performance
1 Week-3.99%
2 Weeks0.55%
1 Month-3.32%
3 Month10.24%
6 Month1.46%
12 Month2.57%
2 Year1.71%
3 Year1.98%
5 Year95.83%
10 Year112.67%
15 Year407.28%
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)-0.28
RSI(14)43.68
LBB119.82
UBB130.01
ARROW ELECTRONICS INC
NYSE:ARW (5/2/2024, 7:04:00 PM)
After market: 122.71 0 (0%)122.71
-2.14 (-1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.71%
1 Week-3.99%
2 Weeks0.55%
1 Month-3.32%
3 Month10.24%
6 Month1.46%
12 Month2.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.57
ATR(20)%2.01%
ATR Inc
Range Today4.19
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 High129.84
10 Day Low119.06
20 Day High129.84
20 Day Low119.06
52 Week High147.42
52 Week Low108.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume818.60K
Volume Incr87.18%
Vol(5)704.42K
Vol(50)493.39K