Arrow Electronics Technical Analysis (NYSE:ARW)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The ARW stock chart pattern can give those who understand technical analysis an indication of which way ARW stock is headed, but cannot predict with 100% certainty as to what can happen to the Arrow Electronics stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Arrow Electronics. Technical analysis uses an approach for Arrow Electronics stock analysis that does not care for the fair value of a company but uses price and volume data only.
Arrow Electronics Moving Average
Moving averages help predict the price direction of ARW stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $81.3 is below the price of $81.8.
Arrow Electronics Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Arrow Electronics. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Arrow Electronics bollinger bands show that the stock price is $81.8, upper band is 83.37, lower band is 79.23, and the average is 81.3.
Arrow Electronics Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Arrow Electronics MACD indicator is below 0 indicating a bearish trend.
Arrow Electronics Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of ARW stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.