ARCHER AVIATION INC. CLASS A - 15 min. - Technical analysis published on 07/13/2024 (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
56%
11%
33%
My opinion
Bullish above 4.97 USD
My targets
5.26 USD (+4.22%)
5.48 USD (+8.46%)
My analysis
The bullish trend is currently very strong on ARCHER AVIATION INC. CLASS A. As long as the price remains above the support at 4.97 USD, you could try to benefit from the boom. The first bullish objective is located at 5.26 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 5.48 USD as an objective. Crossing it would then enable buyers to target 5.77 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.5
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Additional analysis
Quotes
The ARCHER AVIATION INC. CLASS A rating is 5.05 USD. The price registered an increase of +10.50% on the session and was traded between 4.67 USD and 5.18 USD over the period. The price is currently at +8.14% from its lowest and -2.51% from its highest.4.67
5.18
5.05
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
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. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.04 | 4.45 | 4.79 | 5.05 | 5.14 | 5.59 | 6.46 |
| Change (%) | -20.00% | -11.88% | -5.15% | - | +1.78% | +10.69% | +27.92% |
| Change | -1.01 | -0.60 | -0.26 | - | +0.09 | +0.54 | +1.41 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | Minor | Minor |
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 | 4.24 | 4.46 | 4.75 | 4.97 | 5.26 | 5.48 | 5.77 |
| Camarilla | 4.91 | 4.96 | 5.00 | 5.05 | 5.10 | 5.14 | 5.19 |
| Woodie | 4.29 | 4.48 | 4.80 | 4.99 | 5.31 | 5.50 | 5.82 |
| Fibonacci | 4.46 | 4.65 | 4.77 | 4.97 | 5.16 | 5.28 | 5.48 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.21 | 3.63 | 4.34 | 4.76 | 5.47 | 5.89 | 6.60 |
| Camarilla | 4.74 | 4.84 | 4.95 | 5.05 | 5.15 | 5.26 | 5.36 |
| Woodie | 3.36 | 3.70 | 4.49 | 4.83 | 5.62 | 5.96 | 6.75 |
| Fibonacci | 3.63 | 4.06 | 4.33 | 4.76 | 5.19 | 5.46 | 5.89 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 77.62 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | 25.26 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 5.09 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.00 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 4.88 | |
| Zig ZAG (10): | 5.05 | |
| VORTEX (21): | 1.2900 | |
| Stochastique (14,3,5): | 83.90 | |
| TEMA (21): | 5.18 | |
| Williams %R (14): | -16.09 | |
| Chande Momentum Oscillator (20): | 0.17 | |
| Repulse (5,40,3): | -0.1400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5200 | |
| Courbe Coppock: | 21.81 |
| MA7: | 4.48 | |
| MA20: | 3.80 | |
| MA50: | 3.65 | |
| MA100: | 4.07 | |
| MAexp7: | 5.06 | |
| MAexp20: | 4.85 | |
| MAexp50: | 4.63 | |
| MAexp100: | 4.49 | |
| Price / MA7: | +12.72% | |
| Price / MA20: | +32.89% | |
| Price / MA50: | +38.36% | |
| Price / MA100: | +24.08% | |
| Price / MAexp7: | -0.20% | |
| Price / MAexp20: | +4.12% | |
| Price / MAexp50: | +9.07% | |
| Price / MAexp100: | +12.47% |
Quotes :
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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:
- 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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