Arrow Financial Corporation

Stage 3 · Topping · week 6

As of Oct 22, 2026, Arrow Financial is in Stage 3, the topping phase, now in week 6 (since Sep 15, 2026). It closed at $38.15, 9.5% below its 52-week high and above its 200-day average, which is rising.

Arrow Financial Corporation, a bank holding company, provides various commercial and consumer banking, and financial products and services in the United States. More about the company

$38.15

+2.58% today

$707M · Small cap

Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S3 14w

S2 19w

S4 18w

S2 55w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S1 1w → S4 10w → S1 5w → S2 11w → S3 14w → S2 19w → S3 4w → S2 10w → S3 5w → S4 18w → S1 9w → S2 55w → S3 5w current

Total tracked: 166 weeks across 13 stage runs.

AROW among Banks - Regional64th of 319 by relative strength

All 319 →

Stocks in Banks - Regional ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	OPHCOptimumBank Holdings, Inc.	Stage 2 · wk 38	96	−1.0%
2	MSBIMidland States Bancorp, Inc.	Stage 2 · wk 43	95	+1.8%
3	CMTVCommunity Bancorp.	Stage 2 · wk 72	94	+11.5%
4	VBNKVersaBank	Stage 2 · wk 25	94	−0.9%
5	AMALAmalgamated Financial Corp.	Stage 3 · wk 2	94	+8.1%
6	BOTJBank of the James Financial Group, Inc.	Stage 2 · wk 58	93	+9.0%
7	ATLOAmes National Corporation	Stage 2 · wk 68	92	+9.5%
8	RBKBRhinebeck Bancorp, Inc.	Stage 2 · wk 38	92	+0.9%
…64	AROWArrow Financial Corporation	Stage 3 · wk 6	85	+3.2%

vs 52W High

-9.5%

$25.56 lo$42.17 hi

9.5% below 52W high, weakening from peak

The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.

Stage Maturity

Week 6

1w13w26w

Week 6, distribution

How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.

vs 200 DMA

4.8%

200 DMA: $36.39 · rising

Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.

Rel Volume

0.77x

vs 50-day avg

Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

+3.2%

-2.5%

+6.1%

YTD

+24.9%

+46.7%

Scan Membership

Breakout Watch

Latest: 2024-11-05

9 appearances in last 60 days. First seen: 2019-07-26.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S3

Wk 6 · Vol 0.77x

2026-10-21S3

Wk 6 · Vol 0.49x

2026-10-20S3

Wk 6 · Vol 0.77x

2026-10-19S3

Wk 5 · Vol 0.97x

2026-10-16S3

Wk 5 · Vol 0.69x

2026-10-15S3

Wk 5 · Vol 0.76x

2026-10-14S3

Wk 5 · Vol 0.79x

2026-10-13S3

Wk 5 · Vol 0.57x

2026-10-12S3

Wk 4 · Vol 0.86x

2026-10-09S3

Wk 4 · Vol 0.82x

2026-10-08S3

Wk 4 · Vol 0.79x

2026-10-07S3

Wk 4 · Vol 0.58x

Moving averages & range

50 DMA

$37.89

200 DMA

$36.39

52W High

$42.17

52W Low

$25.56

5D Low

$36.84

Resistance levels (recent highs)

20d High

$38.15

60d High

$40.48

120d High

$42.17

250d High

$42.17

Next resistance

+6.1%

to 60d High

P/E (TTM)

12.3

Forward 8.9

Earnings Growth (YoY)

+1.5%

Revenue +4.6%

ROE

+12.0%

Profit margin +30.1%

Dividend Yield

3.23%

P/B 1.4

Arrow Financial: quick answers

What stage is Arrow Financial in?

As of Oct 22, 2026, Arrow Financial (AROW) is in Stage 3, the topping phase. It entered Stage 3 on Sep 15, 2026 and is in week 6. What the four stages mean

Is Arrow Financial in an uptrend?

Its uptrend has stalled. Arrow Financial is in Stage 3, the topping phase that follows an advance. It trades 4.8% above its 200-day average, which is rising.

How far is Arrow Financial from its 52-week high?

Arrow Financial closed at $38.15 on Oct 22, 2026, 9.5% below its 52-week high of $42.17. Its 52-week low is $25.56.

How has Arrow Financial performed over the past year?

As of Oct 22, 2026, Arrow Financial is up 46.7% over the past year and up 24.9% so far in 2026.

Which sector and industry is Arrow Financial in?

Arrow Financial is in the Banks - Regional industry, part of the Financials sector.

About this companyFinancials· Banks - Regional

Arrow Financial Corporation, a bank holding company, provides various commercial and consumer banking, and financial products and services in the United States. The company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. Its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and enhancement to commercial properties, as well as commercial construction and land development loans to finance projects. The company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses, as well as maintains an indirect lending program. In addition, it provides retirement planning, trust, and estate administration services for individuals, as well as pension, profit-sharing, and employee benefit plan administration services for corporations. Further, the company offers insurance agency services comprising group health care policies and life insurance, and property and casualty insurance products. The company was founded in 1851 and is headquartered in Glens Falls, New York.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.