Question 1

What implications does the 10-day RSI indicator have for ARRY?

Accepted Answer

The RSI Indicator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

Question 2

What does the Stochastic Oscillator suggest about ARRY's trend?

Accepted Answer

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 13 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Question 3

What does MACD indicator imply for ARRY?

Accepted Answer

ARRY saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on August 02, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 32 instances where the indicator turned negative. In 28 of the 32 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 0%.

Question 4

What does a 3-day price advance indicate for ARRY?

Accepted Answer

Following a +2.92% 3-day Advance, the price is estimated to grow further. Considering data from situations where ARRY advanced for three days, in 178 of 220 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day decline signify for ARRY's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ARRY declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 6

What does ARRY breaking above its upper Bollinger Band indicate?

Accepted Answer

ARRY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 7

How does the Aroon Indicator reflect on ARRY's trend?

Accepted Answer

The Aroon Indicator for ARRY entered a downward trend on August 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

ARRY Stock Array Technologies (ARRY, $12.24) entered Downtrend as Momentum indicator drops below 0 level on May 15, 2024

ARRY sees MACD Histogram just turned negative

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