Arrow Electronics ARW Investment Analysis and Advice

Source: Stock Traders Daily

Longer Term Trading Plans for ARW
  • NONE. Details
  • There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
    This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

  • Short ARW slightly under 102.69, target n/a, stop loss @ 102.99 Details
  • The technical summary data is suggesting a short of ARW as it gets near 102.69, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 102.99. 102.69 is the first level of resistance above 94.44, and by rule, any test of resistance is a short signal. In this case, if resistance 102.69 is being tested, so a short signal would exist.

Swing Trading Plans for ARW
  • Buy ARW slightly slightly over 97.73, target 102.69, Stop Loss @ 97.45 Details
  • If 97.73 begins to break higher, the technical summary data tells us to buy ARW just slightly over 97.73, with an upside target of 102.69. The data also tells us to set a stop loss @ 97.45 in case the stock turns against the trade. 97.73 is the first level of resistance above 94.44, and by rule, any break above resistance is a buy signal. In this case, 97.73, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short ARW slightly near 97.73, target 92.89, Stop Loss @ 98.01. Details
  • The technical summary data is suggesting a short of ARW if it tests 97.73 with a downside target of 92.89. We should have a stop loss in place at 98.01 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 97.73, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ARW
  • Buy ARW slightly slightly over 96.77, target 97.73, Stop Loss @ 96.54 Details
  • If 96.77 begins to break higher, the technical summary data tells us to buy ARW just slightly over 96.77, with an upside target of 97.73. The data also tells us to set a stop loss @ 96.54 in case the stock turns against the trade. 96.77 is the first level of resistance above 94.44, and by rule, any break above resistance is a buy signal. In this case, 96.77, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short ARW slightly near 96.77, target 93.85, Stop Loss @ 97. Details
  • The technical summary data is suggesting a short of ARW if it tests 96.77 with a downside target of 93.85. We should have a stop loss in place at 97 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 96.77, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

ARW Ratings for September 23:

Term →Near Mid Long
Rating Weak Weak Neutral
P1 0 0 102.69
P2 93.85 92.89 112.94
P3 96.77 97.73 123.88

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ARW Long Term Analysis for September 23 2022


ARW Swing Trading Analysis for September 23 2022


ARW Day Trading Analysis for September 23 2022

Prudent Investment Analysis requires observations of the support and resistance levels for Arrow Electronics (NYSE: ARW) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for ARW change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if ARW is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for ARW too.  All of these are offered below the Summary Table.