| ARRY latest price $21.3000 (-2.61%) ($21.3000 - $21.3000) on Fri. Apr. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.32% (three month average) |
RSI | 70 |
Latest Price | $21.3000(-2.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARRY advances 1.6% a day on average for past five trading days. |
Weekly Trend | ARRY advances 4.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ARRY advance at 0% a week (0% probability) ACES(47%) ARKG(27%) TAN(23%) VYM(23%) IBB(22%) |
Factors Impacting ARRY price | ARRY will decline at least -2.16% in a week (0% probabilities). IGOV(-28%) SHY(-20%) TIP(-18%) TLT(-16%) VCSH(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.16% (StdDev 4.32%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0% |
| |
|
|