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Array BioPharma Inc. (ARRY) - Buy, Sell or Hold?

Sector: Consumer Durables   Sub-Sector: Major Pharmaceuticals
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Tue, 28 Nov 2017NoneBullish EngulfingWed, 22 Nov 20170.71%
***Stock database and scans are updated around midnight (New York time) every trading day.
11.41 0.00 (0%) Nov 28 4:00pm EST
Open: 11.49 Range: 11.15 - 11.50 Vol: 2.15M Avg Vol: 4.23M
EPS: -0.72 P/E ratio: 0.00 EBITDA: -100.01M Mkt Cap: 1.79B
Analyze "ARRY" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 11.38
Medium Term: Trading is Range Bound
Last Trade is above the 20 day moving average at 11.08
Last Trade is below the 50 day moving average at 11.44
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 9.59
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of ARRY

Stock Trend Analysis - Buy, Sell or Hold "Array BioPharma Inc." (ARRY)?

ARRY is in a very strong uptrend. In the last 52 weeks, ARRY has been trading above the 200 day moving average for 81% of the time with an average daily volume of 4.2M shares being traded. The 50 day moving average, currently at 11.44, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average, although in a trading range, generally confirms this view as the underlying strength in ARRY still has a bullish bias with price maintaining above the 20 SMA for 52.5% of the time in the last two months of trading. A good area for traders who are considering taking a long position in ARRY is near the 200 SMA currently at 9.59. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "ARRY".

The analyst consensus estimates for the 1 year price target for this stock is $15.00* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Tue, 28 Nov 2017
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