ARCHER AVIATION INC. CLASS A - 1H - Technical analysis published on 09/03/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
11%
72%
17%
My opinion
Bearish under 6.73 USD
My targets
6.07 USD (-6.04%)
5.62 USD (-13.00%)
My analysis
ARCHER AVIATION INC. CLASS A is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 6.73 USD. The next support located at 6.07 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 5.62 USD. Below this support, sellers could then target 4.84 USD.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
5.9
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ARCHER AVIATION INC. CLASS A rating is 6.46 USD. The price is lower by -7.32% since the last closing and was traded between 6.42 USD and 7.12 USD over the period. The price is currently at +0.62% from its lowest and -9.27% from its highest.6.42
7.12
6.46
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this ARCHER AVIATION INC. CLASS A chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 4.84 | 5.62 | 6.07 | 6.46 | 6.73 | 7.31 |
| Change (%) | -25.08% | -13.00% | -6.04% | - | +4.18% | +13.16% |
| Change | -1.62 | -0.84 | -0.39 | - | +0.27 | +0.85 |
| Level | Major | Major | Minor | - | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.51 | 5.97 | 6.21 | 6.67 | 6.91 | 7.37 | 7.61 |
| Camarilla | 6.27 | 6.33 | 6.40 | 6.46 | 6.52 | 6.59 | 6.65 |
| Woodie | 5.41 | 5.92 | 6.11 | 6.62 | 6.81 | 7.32 | 7.51 |
| Fibonacci | 5.97 | 6.23 | 6.40 | 6.67 | 6.93 | 7.10 | 7.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.31 | 5.09 | 5.77 | 6.55 | 7.23 | 8.01 | 8.69 |
| Camarilla | 6.06 | 6.19 | 6.33 | 6.46 | 6.59 | 6.73 | 6.86 |
| Woodie | 4.27 | 5.07 | 5.73 | 6.53 | 7.19 | 7.99 | 8.65 |
| Fibonacci | 5.09 | 5.64 | 5.99 | 6.55 | 7.10 | 7.45 | 8.01 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.41 | 4.33 | 5.65 | 6.57 | 7.89 | 8.81 | 10.13 |
| Camarilla | 6.35 | 6.56 | 6.77 | 6.97 | 7.18 | 7.38 | 7.59 |
| Woodie | 3.61 | 4.43 | 5.85 | 6.67 | 8.09 | 8.91 | 10.33 |
| Fibonacci | 4.33 | 5.19 | 5.71 | 6.57 | 7.43 | 7.95 | 8.81 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 35.79 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -11.88 | |
| AROON (14): | -64.28 | |
| DEMA (21): | 6.70 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.89 | |
| Elder Ray (13): | -0.21 | |
| Super Trend (3,10): | 7.02 | |
| Zig ZAG (10): | 6.46 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 6.27 | |
| TEMA (21): | 6.60 | |
| Williams %R (14): | -95.56 | |
| Chande Momentum Oscillator (20): | -0.69 | |
| Repulse (5,40,3): | -2.8500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 10.96 |
| MA7: | 6.57 | |
| MA20: | 6.35 | |
| MA50: | 5.41 | |
| MA100: | 4.08 | |
| MAexp7: | 6.59 | |
| MAexp20: | 6.73 | |
| MAexp50: | 6.69 | |
| MAexp100: | 6.52 | |
| Price / MA7: | -1.67% | |
| Price / MA20: | +1.73% | |
| Price / MA50: | +19.41% | |
| Price / MA100: | +58.33% | |
| Price / MAexp7: | -1.97% | |
| Price / MAexp20: | -4.01% | |
| Price / MAexp50: | -3.44% | |
| Price / MAexp100: | -0.92% |
Quotes :
-
15 min delayed data
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NYSE Stocks
News
The last news published on ARCHER AVIATION INC. CLASS A at the time of the generation of this analysis was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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