Logo image of ARW

ARROW ELECTRONICS INC (ARW) Stock Technical Analysis

NYSE:ARW - New York Stock Exchange, Inc. - US0427351004 - Common Stock

119.39  +0.13 (+0.11%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to ARW. In the past year, ARW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

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.
70% of all other stocks performed better in the past year than ARW.
ARW is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 60% are performing better than ARW.
In the last month ARW has a been trading in the 110.51 - 120.77 range, which is quite wide. It is currently trading near the high of this range.
ARW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ARW is lagging the market.
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
ARROW ELECTRONICS INC / ARW Weekly stock chart
ARROW ELECTRONICS INC / ARW Daily stock chart
Setup Rating and Analysis

3

The technical rating of ARW 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

107.89

136.92

We found 2 important support areas.

  • A support zone ranging from 111.31 to 113.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @108.98 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 121.71 to 123.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @128.78 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 133.63 to 135.56. 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
CRS30.34
Mansfield-1.23
10 Day High120.77
10 Day Low110.51
20 Day High120.77
20 Day Low110.51
52 Week High137.8
52 Week Low108.51
Performance
1 Week7.5%
2 Weeks5.41%
1 Month2.99%
3 Month-9.92%
6 Month-2.76%
12 Month4.39%
2 Year1.51%
3 Year-3.82%
5 Year57.05%
10 Year116.68%
15 Year353.98%
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)0.89
RSI(14)60.49
LBB109.17
UBB117.78
ARROW ELECTRONICS INC / ARW Daily stock chart

ARROW ELECTRONICS INC

NYSE:ARW (1/22/2025, 2:46:55 PM)

119.39

+0.13 (+0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.11%
1 Week7.5%
2 Weeks5.41%
1 Month2.99%
3 Month-9.92%
6 Month-2.76%
12 Month4.39%
2 Year1.51%
3 Year-3.82%
5 Year57.05%
10 Year116.68%
15 Year353.98%
Volatility
ATR(14)2.68
ATR(20)%2.12%
ATR Inc16.52%
Range Today4.02
ADR(20)2.39
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.34
Mansfield-1.23
10 Day High120.77
10 Day Low110.51
20 Day High120.77
20 Day Low110.51
52 Week High137.8
52 Week Low108.51
CS1 End113.91
CR1 Start121.71
Volume & EV
DER(3)-3.03%
DER(5)-2.66%
Volume303.81K
Volume Incr0.27%
Vol(5)448.94K
Vol(50)425.82K