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Is ARW showing downside potential? Fell Below 20 Day Moving Average shows up after plummeting 6.06%
On Friday, June 26th, ARW moved down 6.06% while volume was to 1.0× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, New Downtrend & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 211.13, 207.1 & 199.86, with resistance at 222.4, 229.64 & 233.67.
Current SwingTradeBot Technical Rating of ARW: A
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