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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AROW
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Weaker technical forecast for Arrow Financial Corporation as stock downgraded to Hold/Accumulate.
(Updated on Jun 14, 2024)

Buy or Hold candidate since Jun 12, 2024 Loss -2.14% PDF

The Arrow Financial Corporation stock price fell by -1.45% on the last day (Friday, 14th Jun 2024) from $24.57 to $24.21. During the last trading day the stock fluctuated 2.83% from a day low at $24.04 to a day high of $24.72. The price has fallen in 6 of the last 10 days and is down by -3.58% for this period. Volume has increased on the last day by 4 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 27 thousand shares were bought and sold for approximately $642.99 thousand.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.54% during the next 3 months and, with a 90% probability hold a price between $23.86 and $27.65 at the end of this 3-month period.

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AROW Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, June 11, 2024, and so far it has risen 0.582%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Arrow Financial Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $24.61 and $24.28. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Arrow Financial Corporation gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Arrow Financial Corporation stock

Arrow Financial Corporation finds support from accumulated volume at $23.73 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.680 between high and low, or 2.83%. For the last week the stock has had daily average volatility of 2.29%.

Our recommended stop-loss: $23.00 (-5.00%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 13 days ago.)

Trading Expectations (AROW) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Arrow Financial Corporation to open at $24.32, and during the day (based on 14 day Average True Range), to move between $23.56 and $24.86, which gives a possible trading interval of +/-$0.647 (+/-2.67%) up or down from last closing price. If Arrow Financial Corporation takes out the full calculated possible swing range there will be an estimated 5.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $24.56 (1.45%) than the support at $23.73 (1.98%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Arrow Financial Corporation stock A Buy?

Arrow Financial Corporation holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.066 Hold/Accumulate Downgraded

Predicted Opening Price for Arrow Financial Corporation of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$24.32 ( 0.468%) $24.21

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AROW

Fibonacci Support & Resistance Levels

Level Price
R3 25.00 3.28%
R2 24.74 2.20%
R1 24.58 1.54%
Price 24.21
S1 24.06 -0.605%
S2 23.90 -1.27%
S3 23.64 -2.34%

Accumulated Volume Support & Resistance Levels

Level Price
R3 25.52 5.41%
R2 24.59 1.57%
R1 24.56 1.45%
Price 24.21
S1 23.73 -1.98%
S2 23.28 -3.84%
S3 22.79 -5.87%

AROW Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 30, 2024 May 10, 2024 May 24, 2024 $0.270 1.10%
2 Jan 31, 2024 Feb 09, 2024 Feb 23, 2024 $0.270 1.10%
3 Oct 26, 2023 Nov 30, 2023 Dec 15, 2023 $0.270 0.96%
4 Jul 26, 2023 Aug 31, 2023 Sep 15, 2023 $0.270 1.52%
5 May 03, 2023 Jun 01, 2023 Jun 15, 2023 $0.270 1.27%

FAQ

What is the symbol for Arrow Financial Corporation Stock and on which exchange is it traded?
The symbol for Arrow Financial Corporation is AROW and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Arrow Financial Corporation Stock?
Arrow Financial Corporation holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Arrow Financial Corporation Stock?
Arrow Financial Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Arrow Financial Corporation Stock.

What's the current price of Arrow Financial Corporation Stock?
As of the end of day on the Jun 14, 2024, the price of an Arrow Financial Corporation (AROW) share was $24.21.

What is the 52-week high and low for Arrow Financial Corporation Stock?
The 52-week high for Arrow Financial Corporation Stock is $29.65 and the 52-week low is $16.65.

What is the market capitalization of Arrow Financial Corporation Stock?
As of the Jun 14, 2024, the market capitalization of Arrow Financial Corporation is 404.261M.

When is the next earnings date for Arrow Financial Corporation?
The upcoming earnings date for Arrow Financial Corporation is Aug 13, 2024.
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About Arrow Financial Corporation

Arrow Financial Arrow Financial Corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases... AROW Profile

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