| ARRY latest price $18.1150 (3.22%) ($18.1150 - $18.1150) on Mon. Oct. 31, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.5% (three month average) |
RSI | 54 |
Latest Price | $18.1150(3.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARRY advances 3.6% a day on average for past five trading days. |
Weekly Trend | ARRY advances 3.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ARRY advance at 0% a week (0% probability) BLOK(23%) BOTZ(18%) BNDX(16%) BND(15%) LQD(14%) |
Factors Impacting ARRY price | ARRY will decline at least -2.75% in a week (0% probabilities). UNG(-8%) URA(-7%) TBT(-7%) VFMO(-4%) REMX(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.75% (StdDev 5.5%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|