Arrow Financial Technical Analysis (NASDAQ:AROW)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. When a chart pattern that can predict future Arrow Financial stock price movements is formed, the AROW stock chart can become a key tool for a technical analyst.
See Arrow Financial bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. The technical analysis form of Arrow Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Arrow Financial Moving Average:
Moving averages show the AROW stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A key factor that impacts moving averages is the lag factor. The 20 day moving average of $76.25 is below the price of $40.7.
Arrow Financial Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of Arrow Financial stock price relative to previous trades. Arrow Financial bollinger bands show that the stock price is $40.7, upper band is 28.07, lower band is 27.16, and the average is 27.62.
Arrow Financial Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Arrow Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
Arrow Financial Relative Strength Index:
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 74.32 is the RSI value of AROW stock. .