| ARRY latest price $47.0400 (12.24%) ($44.3500 - $48.3700) on Wed. Jan. 6, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.7% (three month average) |
RSI | 77 |
Latest Price | $47.0400(12.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARRY advances 2.2% a day on average for past five trading days. |
Weekly Trend | ARRY advances 2.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARRY advance at 0% a week (0% probability) TAN(55%) ACES(53%) ICLN(53%) IWO(42%) BOTZ(41%) |
Factors Impacting ARRY price | ARRY will decline at least -2.35% in a week (0% probabilities). VIXM(-30%) UUP(-10%) VXX(-6%) TBT(-3%) UNG(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.35% (StdDev 4.7%) |
Hourly BBV | 0 () |
Intraday Trend | 4.2% |
| |
|
|