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
33%
22%
44%
My opinion
Bullish above 4.33 USD
My targets
4.42 USD (+0.75%)
4.64 USD (+5.63%)
My analysis
ARCHER AVIATION INC. CLASS A is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 4.33 USD. The next resistance located at 4.42 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 4.64 USD. After this resistance, buyers could then target 4.94 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.4
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Additional analysis
Quotes
The ARCHER AVIATION INC. CLASS A rating is 4.39 USD. The price has increased by +4.28% since the last closing and was traded between 4.22 USD and 4.79 USD over the period. The price is currently at +4.03% from its lowest and -8.35% from its highest.4.22
4.79
4.39
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead 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
Abnormal volumes on ARCHER AVIATION INC. CLASS A were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of ARCHER AVIATION INC. CLASS A in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
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
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact 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 | 4.39 | 4.45 | 5.14 | 5.59 |
| Change (%) | -22.78% | -16.86% | -7.29% | - | +1.37% | +17.08% | +27.33% |
| Change | -1.00 | -0.74 | -0.32 | - | +0.06 | +0.75 | +1.20 |
| Level | Major | Major | Intermediate | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
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 technical indicators and moving averages registered at the time this technical analysis was created:
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: | +16.45% | |
| Price / MA20: | +25.43% | |
| Price / MA50: | +21.94% | |
| Price / MA100: | +6.81% | |
| Price / MAexp7: | +2.33% | |
| Price / MAexp20: | +4.03% | |
| Price / MAexp50: | +9.48% | |
| Price / MAexp100: | +14.62% |
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.
About author
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