ARRY
Array Technologies Inc. Technology - Solar Investor Relations →
Array Technologies Inc. (ARRY) closed at $6.70 as of 2026-03-20, trading 48.7% below its 200-week moving average of $13.07. This places ARRY in the extreme value zone. The stock is currently moving closer to the line, down from -47.0% last week. The 14-week RSI sits at 42, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.71 ratio) is neutral — neither side is clearly dominating.
Over the past 235 weeks of data, ARRY has crossed below its 200-week moving average 5 times. On average, these episodes lasted 44 weeks. The average one-year return after crossing below was -24.6%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $1024 million, ARRY is a small-cap stock. The company generates a free cash flow yield of 6.7%, which is healthy. Return on equity stands at -19.0%. The stock trades at -5.0x book value.
Over the past 4.6 years, a hypothetical investment of $100 in ARRY would have grown to $37, compared to $161 for the S&P 500. ARRY has returned -19.5% annualized vs 11.0% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -15.2% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: ARRY vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ARRY Crosses Below the Line?
Across 5 historical episodes, buying ARRY when it crossed below its 200-week moving average produced an average return of -34.0% after 12 months (median -31.0%), compared to +18.8% for the S&P 500 over the same periods. After 24 months, the average return was -44.6% vs +44.6% for the index.
Each line shows $100 invested at the moment ARRY crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ARRY has crossed below its 200-week MA 5 times with an average 1-year return of +-24.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2021 | Nov 2022 | 61 | 72.4% | -3.3% | -61.2% |
| Dec 2022 | Jan 2023 | 5 | 12.6% | -22.8% | -67.3% |
| Jan 2023 | May 2023 | 14 | 20.1% | -30.8% | -66.1% |
| Jun 2023 | Aug 2023 | 10 | 15.1% | -41.4% | -68.4% |
| Oct 2023 | Ongoing | 129+ | 71.0% | Ongoing | -66.1% |
| Average | 44 | — | +-24.6% | — |
Frequently Asked Questions
Is ARRY below its 200-week moving average?
Yes. As of 2026-03-20, Array Technologies Inc. (ARRY) is trading 48.7% below its 200-week moving average of $13.07. The current price is $6.70.
What is ARRY's 200-week moving average price?
Array Technologies Inc.'s 200-week moving average is $13.07 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when ARRY drops below its 200-week moving average?
ARRY has crossed below its 200-week moving average 5 times in our data. The average one-year return after these crossings was -24.6%, meaning the dips were not reliable buying signals for this particular stock. These episodes lasted 44 weeks on average.
Is ARRY a good value right now?
Here's what our data says about ARRY as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 42. Free cash flow yield is 6.7%. Return on equity is -19.0%. Price-to-book is -5.0x. This is not a buy or sell recommendation — always do your own research.
How does ARRY compare to the S&P 500?
Over the past 4.6 years, $100 invested in ARRY would have grown to $37, compared to $161 for the S&P 500. That's -19.5% annualized vs 11.0% for the index. ARRY has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20