Arrow Electronics Experiences Evaluation Revision Amidst Market Dynamics and Performance Indicators

Arrow Electronics, Inc., a small-cap player in the Electronics & Appliances industry, has recently undergone an evaluation revision reflecting its current market dynamics. The company's stock is currently priced at $120.92, showing a slight increase from the previous close of $118.84. Over the past year, Arrow Electronics has experienced a 52-week high of $137.80 and a low of $86.50, indicating a notable range in its stock performance.
In terms of technical indicators, the weekly MACD suggests a mildly bearish sentiment, while the monthly perspective indicates a bullish trend. The Relative Strength Index (RSI) shows no significant signals on both weekly and monthly charts. Bollinger Bands reflect a bearish trend on a weekly basis, transitioning to a sideways movement monthly. Moving averages indicate a mildly bullish stance on a daily basis, while the KST and Dow Theory present mixed signals.

When comparing the company's performance to the S&P 500, Arrow Electronics has faced challenges, particularly over the past month and year, with returns of -4.79% and -10.08%, respectively. However, the company has shown resilience over longer periods, with a 31.11% return over three years and a 55.07% return over five years, although these figures still lag behind the S&P 500's performance during the same time frames. This evaluation adjustment highlights the ongoing shifts in Arrow Electronics' market position amidst broader economic trends.