Array Technologies' 15min chart: MACD Death Cross, Bollinger Bands Expanding Downward

AinvestThursday, Jul 17, 2025 12:48 pm ET
1min read

Array Technologies' 15-minute chart has recently exhibited a MACD Death Cross, accompanied by expanding downward Bollinger Bands, which occurred on July 17, 2025 at 12:45. This indicates that the stock price has the potential to continue declining, as the market trend appears to be driven by selling pressure.

Array Technologies Inc. (ARRY) has recently exhibited a significant technical indicator signal on its 15-minute chart, which could portend a continuation of the stock's downward trend. On July 17, 2025, at 12:45, the chart triggered a MACD Death Cross and Bollinger Bands Expanding Downward signal. These indicators suggest that market momentum is being driven by selling pressure, potentially signaling a further decline in the stock price [1].

The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, often interpreted as a bearish signal indicating a potential reversal of the stock's upward trend and a shift towards a downward trend [1]. The Bollinger Bands Expanding Downward signal indicates that the bands are widening, suggesting increased volatility and potential downward pressure on the stock price. These technical indicators should be considered alongside other factors when making investment decisions.

Array Technologies has been experiencing volatility in its stock price due to various factors, including the Senate approval of a tax bill that omitted a contentious provision imposing new consumption taxes on wind and solar projects [2]. Additionally, the company's recent acquisition of APA Solar aims to advance its balance of systems strategy, which could provide a significant boost to its growth prospects and financial performance [2].

Investors should remain vigilant and consider the broader market context and the company's strategic initiatives. The stock's performance in the coming days and weeks will be crucial in determining the validity of these technical signals. While the MACD Death Cross and Bollinger Bands Expanding Downward signal suggest a potential downward trend for Array Technologies, it is essential to monitor the stock's performance and consider the broader market context and the company's strategic initiatives.

References:
[1] https://www.ainvest.com/news/array-technologies-macd-death-cross-bollinger-bands-expand-downward-15min-chart-2507/
[2] https://www.nasdaq.com/articles/array-technologies-arry-solid-growth-stock-3-reasons-think-yes

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