When (AROW) Moves Investors should Listen
February 18, 2024, 09:24 am ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for AROW
- Buy AROW slightly over 23.44 target 28.03 stop loss @ 23.37 Details
The technical summary data tells us to buy AROW near 23.44 with an upside target of 28.03. This data also tells us to set a stop loss @ 23.37 to protect against excessive loss in case the stock begins to move against the trade. 23.44 is the first level of support below 24.52 , and by rule, any test of support is a buy signal. In this case, support 23.44 is being tested, a buy signal would exist.
- Short AROW slightly under 28.03, target 23.44, stop loss @ 28.11 Details
The technical summary data is suggesting a short of AROW as it gets near 28.03 with a downside target of 23.44. We should have a stop loss in place at 28.11though. 28.03 is the first level of resistance above 24.52, and by rule, any test of resistance is a short signal. In this case, if resistance 28.03 is being tested, a short signal would exist.
Swing Trading Plans for AROW
- Buy AROW slightly over 28.03, target n/a, Stop Loss @ 27.95 Details
If 28.03 begins to break higher, the technical summary data tells us to buy AROW just slightly over 28.03, with an upside target of n/a. The data also tells us to set a stop loss @ 27.95 in case the stock turns against the trade. 28.03 is the first level of resistance above 24.52, and by rule, any break above resistance is a buy signal. In this case, 28.03, 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 AROW slightly near 28.03, target 24.41, Stop Loss @ 28.11. Details
The technical summary data is suggesting a short of AROW if it tests 28.03 with a downside target of 24.41. We should have a stop loss in place at 28.11 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, 28.03, 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 AROW
- Buy AROW slightly over 24.56, target 28.03, Stop Loss @ 24.5 Details
If 24.56 begins to break higher, the technical summary data tells us to buy AROW just slightly over 24.56, with an upside target of 28.03. The data also tells us to set a stop loss @ 24.5 in case the stock turns against the trade. 24.56 is the first level of resistance above 24.52, and by rule, any break above resistance is a buy signal. In this case, 24.56, 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 AROW slightly near 24.56, target 23.63, Stop Loss @ 24.62. Details
The technical summary data is suggesting a short of AROW if it tests 24.56 with a downside target of 23.63. We should have a stop loss in place at 24.62 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, 24.56, 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.
Check the time stamp on this data. Updated AI-Generated Signals for Arrow Financial Corporation (AROW) available here: AROW.
AROW Ratings for February 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Neutral |
| P1 |
0 |
0 |
18.94 |
| P2 |
23.63 |
23.09 |
23.44 |
| P3 |
24.56 |
24.41 |
28.03 |
AI Generated Signals for AROW
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Arrow Financial Corporation (NASDAQ: AROW) report below is a real world example. Included are trading plans for AROW, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for AROW:
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