| ARRY latest price $21.1200 (5.55%) ($19.5600 - $21.1200) on Mon. Feb. 13, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.45% (three month average) |
RSI | 39 |
Latest Price | $21.1200(5.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ARRY advances 0.3% a day on average for past five trading days. |
Weekly Trend | ARRY declines -4.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support ARRY advance at 0% a week (0% probability) ACES(50%) TAN(36%) ICLN(31%) ARKG(30%) VFMO(30%) |
Factors Impacting ARRY price | ARRY will decline at least -2.225% in a week (0% probabilities). VIXM(-24%) IGOV(-23%) SHY(-18%) TLT(-12%) VCIT(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.225% (StdDev 4.45%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
| |
|
|