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Strategies & Market Trends : stocks for medium & long-term hold durations

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To: rimshot who wrote (11)12/15/2021 5:51:09 AM
From: rimshot  Read Replies (1) of 426
 
AROW closed Dec 14th 17 cents below its 200-day SMA ...
see September for the most recent test from above of the 200-day SMA

AROW daily -

stockcharts.com

AROW declared a quarterly cash dividend of $0.26 per share payable December 15, 2021,
to shareholders of record on December 2, 2021.
This represents an increase of 3% over the cash dividend paid in the fourth quarter of 2020,
as a result of the 3% stock dividend distributed on September 24, 2021.

Finviz charts show price action relative to the 200-day SMA in a different location than StockCharts
likely because of the dividend

* I suggested to a hiking buddy to sell AROW when it was 37.xx or above
in order to re-enter long at lower prices, and he is firm on holding forever
since he is at least 14 years into owning a large position
( see monthly chart below the Finviz snapshot )



chart #2 - AROW monthly with an additional plot of the percentage performance stats
for six symbols beginning at a fixed start date which does not change on this chart when
updated in the future by your browser

stockcharts.com

long entries between 18 to 21.50 is my go-to entry range since before the financial crisis .. time will
tell if and when AROW sees those levels again

( the backward adjustment to AROW's stock price by the amount of each quarterly dividend
messes with using remembered prior stock prices as a reference ) ...
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