ARROW ELECTRONICS INC (ARW) Stock Technical Analysis
NYSE:ARW - New York Stock Exchange, Inc. - US0427351004 - Common Stock - Currency: USD
Overall ARW gets a technical rating of 0 out of 10. ARW'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 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, ARW is a bad performer in the overall market: 72% of all stocks are doing better.
ARW 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.
ARW is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, ARW did better than 41% of them.
In the last month ARW has a been trading in the 105.00 - 119.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ARW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 112.43. Right above this resistance zone may be a good entry point.
More info and screens
105.75
134.97
We found 1 important support area.
- A support zone ranging from 106.82 to 106.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 112.43 to 114.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @119.20 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 122.60 to 123.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 131.69 to 133.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.43
Mansfield-1.65
10 Day High112.94
10 Day Low105
20 Day High119.86
20 Day Low105
52 Week High137.8
52 Week Low105
Performance
1 Week2.89%
2 Weeks1.49%
1 Month-6.66%
3 Month-6.63%
6 Month-16.39%
12 Month-4.7%
2 Year-5.63%
3 Year-8.64%
5 Year66.05%
10 Year79.71%
15 Year294.72%
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)0.22
RSI(14)46.44
LBB105.16
UBB115.52
111.35
-0.84 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.75%
1 Week2.89%
2 Weeks1.49%
1 Month-6.66%
3 Month-6.63%
6 Month-16.39%
12 Month-4.7%
2 Year-5.63%
3 Year-8.64%
5 Year66.05%
10 Year79.71%
15 Year294.72%
Volatility
ATR(14)3.1
ATR(20)%2.57%
ATR Inc-33.42%
Range Today2.56
ADR(20)2.62
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.43
Mansfield-1.65
10 Day High112.94
10 Day Low105
20 Day High119.86
20 Day Low105
52 Week High137.8
52 Week Low105
CS1 End106.98
CR1 Start112.43
Volume & EV
DER(3)-3.17%
DER(5)-1.44%
Volume560.50K
Volume Incr-7.37%
Vol(5)510.76K
Vol(50)491.21K