| ARRY latest price $45.1000 (5.62%) ($42.5750 - $45.9000) on Fri. Nov. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.22% (three month average) |
RSI | 66 |
Latest Price | $45.1000(5.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARRY advances 3.3% 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 | Broad based sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support ARRY advance at 0% a week (0% probability) TAN(54%) ACES(53%) ICLN(53%) IWO(42%) BOTZ(40%) |
Factors Impacting ARRY price | ARRY will decline at least -2.61% in a week (0% probabilities). VIXM(-29%) UUP(-10%) VXX(-6%) TBT(-4%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.61% (StdDev 5.22%) |
Hourly BBV | 0 () |
Intraday Trend | 5% |
| |
|
|