| ARRY latest price $23.5550 (5.2%) ($23.5550 - $23.5550) on Fri. Aug. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.66% (three month average) |
RSI | 77 |
Latest Price | $23.5550(5.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARRY advances 5.7% a day on average for past five trading days. |
Weekly Trend | ARRY advances 5.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ARRY advance at 0% a week (0% probability) TAN(79%) ICLN(62%) OIH(46%) XLE(46%) ACES(41%) |
Factors Impacting ARRY price | ARRY will decline at least -2.33% in a week (0% probabilities). VIXM(-36%) VXX(-33%) TBT(-25%) SHY(-10%) UUP(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.33% (StdDev 4.66%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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