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RSI low/high Values: [ 25 - 75 ]
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AI Analysis of ARW
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Arrow Electronics Inc stock price ended at $122.04 on Thursday, after gaining 0.0656%.
(Updated on Apr 18, 2024)

Sell candidate since Apr 17, 2024 Gain 0.07% PDF

The Arrow Electronics Inc stock price gained 0.0656% on the last trading day (Thursday, 18th Apr 2024), rising from $121.96 to $122.04. During the last trading day the stock fluctuated 0.788% from a day low at $121.88 to a day high of $122.84. The price has risen in 6 of the last 10 days but is still down by -3.84% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 7 thousand more shares were traded than the day before. In total, 251 thousand shares were bought and sold for approximately $30.58 million.

Given the current short-term trend, the stock is expected to rise 14.36% during the next 3 months and, with a 90% probability hold a price between $139.57 and $153.46 at the end of this 3-month period.

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ARW Signals & Forecast

Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Arrow Electronics Inc 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 $124.15 and $123.52. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, March 27, 2024, and so far it has fallen -6.20%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Arrow Electronics Inc stock

Arrow Electronics Inc finds support from accumulated volume at $116.37 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.96 (0.788%) between high and low. For the last week, the stock has had daily average volatility of 1.86%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ARW) For The Upcoming Trading Day Of Friday 19th

For the upcoming trading day on Friday, 19th we expect Arrow Electronics Inc to open at $122.25, and during the day (based on 14 day Average True Range), to move between $119.70 and $124.38, which gives a possible trading interval of +/-$2.34 (+/-1.91%) up or down from last closing price. If Arrow Electronics Inc takes out the full calculated possible swing range there will be an estimated 3.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $124.25 (1.81%) than the support at $116.37 (4.65%), 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 Electronics Inc stock A Buy?

The Arrow Electronics Inc stock holds several negative signals and despite the positive trend, we believe Arrow Electronics Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.784 Sell Candidate Unchanged

Predicted Opening Price for Arrow Electronics Inc of Friday, April 19, 2024

Fair opening price April 19, 2024 Current price
$122.25 ( 0.175%) $122.04

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

Trading levels for ARW

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 123.21 0.96 %
R2 122.85 0.661 %
R1 122.62 0.475 %
Current price: 122.04
Support S1 121.89 -0.126 %
S2 121.66 -0.311 %
S3 121.29 -0.612 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 130.11 6.61 %
R2 129.46 6.08 %
R1 124.25 1.81 %
Current price 122.04
Support S1 116.37 -4.65%
S2 113.40 -7.08%
S3 111.31 -8.79%

ARW Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 17, 1986 Dec 17, 1986 Dec 17, 1986 $0.0500 1.63%
2 Sep 18, 1986 Sep 18, 1986 Sep 18, 1986 $0.0250 0.741%
3 Jun 19, 1986 Jun 19, 1986 Jun 19, 1986 $0.0250 0.519%
4 Mar 20, 1986 Mar 20, 1986 Mar 20, 1986 $0.0250 0.310%
5 Dec 19, 1985 Dec 19, 1985 Dec 19, 1985 $0.0250 0.345%

FAQ

What is the symbol for Arrow Electronics Inc Stock and on which exchange is it traded?
The symbol for Arrow Electronics Inc is ARW and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Arrow Electronics Inc Stock?
The Arrow Electronics Inc stock holds several negative signals and despite the positive trend, we believe Arrow Electronics Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Arrow Electronics Inc Stock?
Arrow Electronics Inc 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 Electronics Inc Stock.

What's the current price of Arrow Electronics Inc Stock?
As of the end of day on the 2024-04-18, the price of an Arrow Electronics Inc (ARW) share was $122.04.

What is the 52-week high and low for Arrow Electronics Inc Stock?
The 52-week high for Arrow Electronics Inc Stock is $147.42 and the 52-week low is $108.57.

What is the market capitalization of Arrow Electronics Inc Stock?
As of the 2024-04-18, the market capitalization of Arrow Electronics Inc is 6.567B.

When is the next earnings date for Arrow Electronics Inc?
The upcoming earnings date for Arrow Electronics Inc is May 02, 2024.
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About Arrow Electronics Inc

Arrow Electronics Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes semiconductor products and related services; passive, electro-m... ARW Profile

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