Possible breakout on the weekly chartIt's been dropping down a the channel and the selling looks like it's cooling down. If it breaks out of the upper channel line, $16 might be in play. I'm liking this.
Key facts today
Next report date
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Report period
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EPS estimate
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Revenue estimate
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−0.98 USD
137.24 M USD
1.58 B USD
149.41 M
About Array Technologies, Inc.
Sector
Industry
CEO
Kevin George Hostetler
Website
Headquarters
Albuquerque
Founded
1989
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 receives buy rating from CitibankArray Technologies, Inc., a leading manufacturer of solar trackers, recently received positive remarks from Citibank, boosting investor confidence. Despite facing current operational challenges, including the firing of its CFO, increased transportation costs, project delays, and inflation pressure
Arry short positionHi my friend i wait on new long position on ARRAY and now looked wery nice short position. Good LUCK. L.
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
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
See all ideas
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of ARRY is 6.04 USD — it has decreased by −2.58% in the past 24 hours. Watch Array Technologies, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Array Technologies, Inc. stocks are traded under the ticker ARRY.
ARRY stock has fallen by −9.04% compared to the previous week, the month change is a −6.65% fall, over the last year Array Technologies, Inc. has showed a −60.13% decrease.
We've gathered analysts' opinions on Array Technologies, Inc. future price: according to them, ARRY price has a max estimate of 17.00 USD and a min estimate of 4.50 USD. Watch ARRY chart and read a more detailed Array Technologies, Inc. stock forecast: see what analysts think of Array Technologies, Inc. and suggest that you do with its stocks.
ARRY reached its all-time high on Jan 8, 2021 with the price of 54.78 USD, and its all-time low was 5.45 USD and was reached on May 12, 2022. View more price dynamics on ARRY chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ARRY stock is 14.77% volatile and has beta coefficient of 1.48. Track Array Technologies, Inc. stock price on the chart and check out the list of the most volatile stocks — is Array Technologies, Inc. there?
Today Array Technologies, Inc. has the market capitalization of 917.74 M, it has increased by 0.81% over the last week.
Yes, you can track Array Technologies, Inc. financials in yearly and quarterly reports right on TradingView.
Array Technologies, Inc. is going to release the next earnings report on Mar 11, 2025. Keep track of upcoming events with our Earnings Calendar.
ARRY earnings for the last quarter are 0.17 USD per share, whereas the estimation was 0.13 USD resulting in a 27.69% surprise. The estimated earnings for the next quarter are 0.19 USD per share. See more details about Array Technologies, Inc. earnings.
Array Technologies, Inc. revenue for the last quarter amounts to 231.41 M USD, despite the estimated figure of 232.69 M USD. In the next quarter, revenue is expected to reach 282.34 M USD.
ARRY net income for the last quarter is −141.35 M USD, while the quarter before that showed 25.70 M USD of net income which accounts for −650.06% change. Track more Array Technologies, Inc. financial stats to get the full picture.
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.
As of Nov 9, 2024, the company has 1.03 K employees. See our rating of the largest employees — is Array Technologies, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Array Technologies, Inc. EBITDA is 157.91 M USD, and current EBITDA margin is 17.25%. See more stats in Array Technologies, Inc. financial statements.
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.
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 strong 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 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.