ARRY potential buy setupReasons for bullish bias:
- Price is at strong weekly support
- Super positive Earnings
- Safe Entry will be above 16.34
Entry Level(CMP): 14.10
Stop Loss Level: 12.32
Take Profit Level 1: 15.88
Take Profit Level 2: Open
0.54USD
137.24 MUSD
1.58 BUSD
148.09 M
About Array Technologies, Inc.
Sector
Industry
CEO
Kevin George Hostetler
Website
Headquarters
Albuquerque
Employees (FY)
1.03 K
Founded
1989
ISIN
US04271T1007
FIGI
BBG001V4SF46
Array Technologies, Inc. manufactures ground-mounting systems used in solar energy projects. The company sells its products to engineering, procurement and construction firms that build solar energy projects and to large solar developers, independent power producers and utilities, master supply agreements or multi-year procurement contracts. It has offices in Europe, Central America, and Australia. The company's products include DuraTrack and SmarTrack. Array Technologies was founded by Ronald P. Corio in 1989 and is headquartered in Albuquerque, NM.
Array Technologies Opportunity Array Technologies - NASDAQ:ARRY
Aksel Kibar from TechCharts was the first to cover this trade and after looking over his brilliant analysis which I highly recommend you review, I have added some of my own observations.
- Price is above the 200 DSMA & POC giving us good
underside support a
ARRAY TO THE MOON If all other market indicators are not significantly below average, NASDAQ:ARRY appears poised to emerge from a year-long consolidation as a leading supplier of renewable energy components. During the past week, it concluded trading above the 22.43% Fibonacci retracement level. This was a direct r
ARRY relative strength against market weaknessRelative strength and possible breakout of a long base. Energy stocks showing strength.
Possible Bullish pattern on ARRYNice and pretty strong pattern is forming on the weekly time frame on ARRY- Array Technologies, the one called Ascending Triangle pattern. The formation is clearly visible with three confirmations already made at the top, and the best part, once it reaches the bottom line of the formation the drop i
ARRY Entry, Volume, Target, StopWhen price clears: 24.00
With daily volume greater than 37.3M
Target: 35.00
Stop: Depending on your risk tolerance; 20.33 gets you 3/1 Risk/Reward.
This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or fundamental anal
$ARRY Pullback Buy Setup Looks like it finally might be the right time to give NASDAQ:ARRY a shot with this pullback buy setup.
ARRAY Technologies, new highs.ARRY breaking clear level of resistance. Great earnings and sales growth, would like to see a consolidation or a pullback to this level to jump in unless it takes off on high volume!
REVIEW $ARRYFA
V - YES
IV - NA
G - YES
TA
- TR - soon ( bullish )
- Broke previous downtrend ( bullish )
- Inverse H&S ( bullish )
- Cup & handle ( bullish )
- Ascending triangle ( bullish )
- > MA - Yes
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Frequently Asked Questions
The current price of ARRY is 11.17 USD — it has decreased by 2.02% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Array Technologies, Inc. stocks are traded under the ticker ARRY.
Array Technologies, Inc. is going to release the next earnings report on May 7, 2024. Keep track of upcoming events with our Earnings Calendar.
ARRY stock is 5.28% volatile and has beta coefficient of 2.15. Check out the list of the most volatile stocks — is Array Technologies, Inc. there?
One year price forecast for Array Technologies, Inc. has a max estimate of 36.00 USD and a min estimate of 12.00 USD.
ARRY earnings for the last quarter are 0.21 USD whereas the estimation was 0.13 USD which accounts for 60.97% surprise. Estimated earnings for the next quarter are 0.11 USD. See more details about Array Technologies, Inc. earnings.
Array Technologies, Inc. revenue for the last quarter amounts to 350.44 M USD despite the estimated figure of 375.84 M USD. In the next quarter revenue is expected to reach 314.78 M USD.
Yes, you can track Array Technologies, Inc. financials in yearly and quarterly reports right on TradingView.
ARRY stock has fallen by 20.21% compared to the previous week, the month change is a 4.45% fall, over the last year Array Technologies, Inc. has showed a 49.18% decrease.
ARRY net income for the last quarter is 19.34 M USD, while the quarter before that showed 23.21 M USD of net income which accounts for −16.68% change. Track more Array Technologies, Inc. financial stats to get the full picture.
Today Array Technologies, Inc. has the market capitalization of 1.69 B, it has decreased by 1.34% over the last week.
No, ARRY doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, ARRY shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Array Technologies, Inc. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 18, 2024, the company has 1.03 K employees. See our rating of the largest employees — is Array Technologies, Inc. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Array Technologies, Inc. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Array Technologies, Inc. stock shows the strong sell signal. See more of Array Technologies, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on Array Technologies, Inc. future price: according to them, ARRY price has a max estimate of 36.00 USD and a min estimate of 12.00 USD. Read a more detailed Array Technologies, Inc. forecast: see what analysts think of Array Technologies, Inc. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Array Technologies, Inc. EBITDA is 268.23 M USD, and current EBITDA margin is 17.25%. See more stats in Array Technologies, Inc. financial statements.