ARCHER AVIATION INC. CLASS A - 15 min. - Technical analysis published on 07/05/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 4.12 USD
My targets
4.42 USD (+2.62%)
4.64 USD (+7.59%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ARCHER AVIATION INC. CLASS A as long as the price remains well above 4.12 USD. The buyers' bullish objective is set at 4.42 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 4.64 USD. If there is any crossing, the next objective would be the resistance located at 4.94 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.1
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Additional analysis
Quotes
ARCHER AVIATION INC. CLASS A rating 4.31 USD. On the day, this instrument gained +2.38% and was between 4.22 USD and 4.79 USD. This implies that the price is at +2.13% from its lowest and at -10.02% from its highest.4.22
4.79
4.31
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 5 days
Technical
A technical analysis in 15 min. of this ARCHER AVIATION INC. CLASS A chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 5 are bullish, 8 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.39 | 3.65 | 4.07 | 4.31 | 4.45 | 5.14 | 5.59 |
| Change (%) | -21.35% | -15.31% | -5.57% | - | +3.25% | +19.26% | +29.70% |
| Change | -0.92 | -0.66 | -0.24 | - | +0.14 | +0.83 | +1.28 |
| Level | Major | Major | Intermediate | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.38 | 3.60 | 3.90 | 4.12 | 4.42 | 4.64 | 4.94 |
| Camarilla | 4.07 | 4.12 | 4.16 | 4.21 | 4.26 | 4.31 | 4.35 |
| Woodie | 3.43 | 3.62 | 3.95 | 4.14 | 4.47 | 4.66 | 4.99 |
| Fibonacci | 3.60 | 3.80 | 3.92 | 4.12 | 4.32 | 4.44 | 4.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.52 | 2.93 | 3.22 | 3.63 | 3.92 | 4.33 | 4.62 |
| Camarilla | 3.33 | 3.39 | 3.46 | 3.52 | 3.58 | 3.65 | 3.71 |
| Woodie | 2.47 | 2.90 | 3.17 | 3.60 | 3.87 | 4.30 | 4.57 |
| Fibonacci | 2.93 | 3.19 | 3.36 | 3.63 | 3.89 | 4.06 | 4.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.04 | 2.54 | 3.03 | 3.53 | 4.02 | 4.52 | 5.01 |
| Camarilla | 3.25 | 3.34 | 3.43 | 3.52 | 3.61 | 3.70 | 3.79 |
| Woodie | 2.04 | 2.54 | 3.03 | 3.53 | 4.02 | 4.52 | 5.01 |
| Fibonacci | 2.54 | 2.92 | 3.15 | 3.53 | 3.91 | 4.14 | 4.52 |
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): | 61.32 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 28.45 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 4.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.62 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 4.16 | |
| Zig ZAG (10): | 4.31 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 19.55 | |
| TEMA (21): | 4.34 | |
| Williams %R (14): | -81.97 | |
| Chande Momentum Oscillator (20): | 0.08 | |
| Repulse (5,40,3): | -0.5000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.4000 | |
| Courbe Coppock: | 0.61 |
| MA7: | 3.77 | |
| MA20: | 3.50 | |
| MA50: | 3.60 | |
| MA100: | 4.11 | |
| MAexp7: | 4.29 | |
| MAexp20: | 4.22 | |
| MAexp50: | 4.01 | |
| MAexp100: | 3.83 | |
| Price / MA7: | +14.32% | |
| Price / MA20: | +23.14% | |
| Price / MA50: | +19.72% | |
| Price / MA100: | +4.87% | |
| Price / MAexp7: | +0.47% | |
| Price / MAexp20: | +2.13% | |
| Price / MAexp50: | +7.48% | |
| Price / MAexp100: | +12.53% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on ARCHER AVIATION INC. CLASS A at the time of the analysis were as follows:
- SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Archer Aviation Inc. with Losses of $100,000 to Contact the Firm
- SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Archer Aviation Inc. with Losses of $100,000 to Contact the Firm
- SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Archer Aviation Inc. with Losses of $100,000 to Contact the Firm
- SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Archer Aviation Inc. with Losses of $100,000 to Contact the Firm
- INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Archer Aviation Inc. with Losses of $100,000 to Contact the Firm
This member declared not having a position on this financial instrument or a related financial instrument.
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