ARRAY TECHNOLOGIES INC (ARRY) Stock Technical Analysis
NASDAQ:ARRY - Nasdaq - US04271T1007 - Common Stock - Currency: USD
Overall ARRY gets a technical rating of 3 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.
89% of all other stocks performed better in the past year than ARRY.
ARRY is part of the Electrical Equipment industry. There are 93 other stocks in this industry, of which 65% are performing better than ARRY.
ARRY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ARRY has an average volume of 5216100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ARRY has a been trading in the 6.42 - 7.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ARRY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.58, a Stop Loss order could be placed below this zone.
More info and screens
6.46
7.69
We found 1 important support area.
- A support zone ranging from 6.53 to 6.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.78 to 7.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.24 to 7.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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
CRS11.69
Mansfield-3.4
10 Day High7.63
10 Day Low6.42
20 Day High7.77
20 Day Low6.42
52 Week High15.35
52 Week Low5.15
Performance
1 Week-0.3%
2 Weeks-13.52%
1 Month-5.45%
3 Month-0.6%
6 Month-4.77%
12 Month-50.82%
2 Year-64.83%
3 Year-41.37%
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)-0.07
RSI(14)46.09
LBB6.36
UBB7.54
6.59
-0.31 (-4.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-4.49%
1 Week-0.3%
2 Weeks-13.52%
1 Month-5.45%
3 Month-0.6%
6 Month-4.77%
12 Month-50.82%
2 Year-64.83%
3 Year-41.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%7.64%
ATR Inc18.14%
Range Today0.63
ADR(20)0.49
ADR(20)%7.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.69
Mansfield-3.4
10 Day High7.63
10 Day Low6.42
20 Day High7.77
20 Day Low6.42
52 Week High15.35
52 Week Low5.15
CS1 End6.58
CR1 Start6.78
Volume & EV
DER(3)-4.14%
DER(5)-0.85%
Volume3.37M
Volume Incr-14.16%
Vol(5)4.24M
Vol(50)5.22M