Array Technologies had a nice pop today and is currently up 4.43% we'll see if the cash keeps flowing in.
It looks like Array Technologies isn't currently at a very decisive point in regards to support/resistance levels. But we can consider it's momentum, Array Technologies has seen a lot of selling over the last year which hasn't let up, this thing has really been sliding. People who bought the Biotechnology company have lost -58.26 percent over the last 12 months, not great! I would wait until it get to a better support level before rolling the dice on this one. ARRY might find some support at the 17.01 level, buyers might push the price back up from here. But it's not very clear what will happen.
The analysts are pretty neutral on Array Technologies right now, so not much useful information here. The current Analysts Sentiment Score is -5.13. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Guggenheim boosted their price targ by 10% to $22.00 on 2024-04-05. Barclays upgraded from Equal Weight to Overweight on 2024-04-02 and also increased their price target by 20% to $18.00. BMO Capital Markets initiated a rating of Market Perform on 2024-03-22 and provided a price target of $16.00. KeyCorp initiated a rating of Sector Weight on 2024-03-05. Truist Financial decided to move down their price target on 2024-02-29 to $23.00 which is a -8% decrease. On 2024-02-29 The Goldman Sachs Group lowered their price target by -12.9% to $27.00. Piper Sandler announced a lowering of their price target to $12.00 from $22.00 on 2024-02-28. Mizuho reiterated a rating of Neutral on 2024-02-28 and decided to decrease their price target by -10% down to $18.00. TD Cowen announced a lowering of their price target to $16.50 from $22.50 on 2024-02-28. BNP Paribas reiterated a rating of Neutral on 2024-02-28 and added a price target of $12.00.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| ARRY | -5.13 | 8.18 | -8.01 | 6.8 | -17.23 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| ARRY | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| ARRY | 8.15 | %12.5711 | 3.6 | 0.924 | 19010000 |
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Biotechnology | 95 | 0.79 | -3.72 | -2.26 | -0.85 | 7.67 | 40.04 | 55.08 | 6.66 | 6.30 | 3.43 | -14013.76 | -12974.30 | 16.84 | 4.74 | 9.36 | 8.41 |
| Healthcare | 230 | 0.88 | -1.52 | -0.30 | -2.16 | 5.72 | 27.64 | 53.66 | 8.86 | 8.57 | 8.32 | -12704.99 | -11984.82 | 18.91 | 4.24 | 6.74 | 5.55 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| ARRY |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
