Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Array Technologies Inc, ARRY stock is trading inside an interesting rising pattern over the daily time frame chart.</a> </li> 
 <li> <span>2</span> <a>ARRY share price was trading above 20, 50, 100 and 200-days daily moving averageS.</a> </li> 
 <li> <span>3</span> <a>Array Technologies Inc (NASDAQ: ARRY) stock gained 26.88% year to date.</a> </li> 
</ul> 
<p>Array Technologies Inc, ARRY stock price looks prepared for a significant move and surge over the daily chart. ARRY shares have been trading inside an interesting recovery pattern since August 2023. Now Array Technologies stock may surge with a strong upside trend and recover maximum during 2023. However, sellers’ were trying to pull back on Tuesday’s trading session.</p> 
<p>ARRY stock price was at $25.02 and gained 3.73% of its market capitalization during Tuesday’s trading session. However, trading volume is above average and under the influence of sellers. Now buyers need to accumulate in Wednesday’s trading session. ARRY stock price is trying to surge towards the upper trendline of the rising parallel channel.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-will-arry-stock-register-breakout-strong"><strong>Will ARRY Stock Register Breakout?</strong>&nbsp;&nbsp;</h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh4.googleusercontent.com/7yXqQlJJls2C3EBHAmXGBd-spDbcZIsjmzk78cBbWTuSzAU2p-9G23G4LAnvXm-Y5rf52y20V5gd4srWgz6eFJyccuhYTfyb68EFpgIYwIBAxhwirJOtkYuTfvneqc9F3W2tkqeOKRRP3duvibzpOeU" alt="Array Technologies Inc: ARRY Stock Prepared For a Bigger Jump?"> 
  <figcaption class="wp-element-caption">
    Source: NASDAQ: ARRY by <a href="https://www.tradingview.com/x/fykNyVDK/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>ARRY Stock price has been rising through an interesting ascending parallel channel to recover maximum over the daily time frame chart. However, buyers need to push ARRY <a href="https://www.thecoinrepublic.com/2023/09/17/urbn-stock-nasdaq-urbn-crossed-20-day-ema-will-it-reach-50/" rel="noopener noreferrer nofollow">shares</a> towards the upper trendline of the parallel channel so that Array Technologies stock can recover maximum. Meanwhile, ARRY share price is above 20, 50, 100 and 200-days daily moving averages.</p> 
<p>Array Technologies stock price performed excellently in both short and long term formats. In a week, ARRY shares surged around 4.95%; and 24.48% in a month. Moreover, ARRY share price managed to gain around 19.09% in the last three months and 25.35% in the last six months. In addition, ARRY share price managed to recover around 26.88% year to date. This confirms the expectation that ARRY stock would recover maximum in 2023.&nbsp;</p> 
<p>Technical indicators are divergent over the price action of ARRY stock price. Relative strength index (RSI) shows the upside trend of Array Stock. On the contrary, Moving average convergence divergence (MACD) shows the downside trend.&nbsp;</p> 
<p>RSI was at 58 and is heading towards the overbought territory. However, the MACD line is below the signal line waiting for any type of crossover. Investors in Array Technologies Inc. (NASDAQ: ARRY) need to wait until ARRY stock price approaches the upper trendline of the rising parallel channel.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Summary</strong>&nbsp;</h4> 
<p>Array Technologies Inc, ARRY stock price looks prepared for a significant move and surge with strong uptrend over the daily chart. However, buyers need to push ARRY shares towards the upper trendline of the parallel channel. Array Technologies stock price performed excellently in both short and long term formats. Technical indicators are pretty divergent over the price action of ARRY stock price.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p>Support Levels: $24.07 and $23.45</p> 
<p>Resistance Levels: $25.75 and $26.70</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

Array Technologies Inc: ARRY Stock Prepared For a Bigger Jump?

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