ARCHER AVIATION INC. CLASS A - 15 min. - Technical analysis published on 07/16/2024 (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
67%
6%
28%
My opinion
Bullish above 5.11 USD
My targets
5.26 USD (+2.19%)
5.48 USD (+6.35%)
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 5.11 USD. The buyers' bullish objective is set at 5.26 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.48 USD. If there is any crossing, the next objective would be the resistance located at 5.63 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.7
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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 price is 5.15 USD. The price has increased by +1.98% since the last closing with the lowest point at 5.02 USD and the highest point at 5.22 USD. The deviation from the price is +2.59% for the low point and -1.34% for the high point.5.02
5.22
5.15
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a 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. 89.29% 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 scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 15 minutes
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
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.45 | 4.95 | 5.14 | 5.15 | 5.32 | 5.59 | 6.46 |
| Change (%) | -13.59% | -3.88% | -0.19% | - | +3.30% | +8.54% | +25.44% |
| Change | -0.70 | -0.20 | -0.01 | - | +0.17 | +0.44 | +1.31 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.52 | 4.74 | 4.89 | 5.11 | 5.26 | 5.48 | 5.63 |
| Camarilla | 4.95 | 4.98 | 5.02 | 5.05 | 5.08 | 5.12 | 5.15 |
| Woodie | 4.50 | 4.72 | 4.87 | 5.09 | 5.24 | 5.46 | 5.61 |
| Fibonacci | 4.74 | 4.88 | 4.97 | 5.11 | 5.25 | 5.34 | 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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 57.22 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 8.69 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 5.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.97 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 5.21 | |
| Zig ZAG (10): | 5.05 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 50.73 | |
| TEMA (21): | 5.09 | |
| Williams %R (14): | -46.71 | |
| Chande Momentum Oscillator (20): | 0.12 | |
| Repulse (5,40,3): | 0.8900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0300 | |
| Courbe Coppock: | 1.79 |
| MA7: | 4.71 | |
| MA20: | 3.99 | |
| MA50: | 3.70 | |
| MA100: | 4.07 | |
| MAexp7: | 5.13 | |
| MAexp20: | 5.08 | |
| MAexp50: | 5.00 | |
| MAexp100: | 4.82 | |
| Price / MA7: | +9.34% | |
| Price / MA20: | +29.07% | |
| Price / MA50: | +39.19% | |
| Price / MA100: | +26.54% | |
| Price / MAexp7: | +0.39% | |
| Price / MAexp20: | +1.38% | |
| Price / MAexp50: | +3.00% | |
| Price / MAexp100: | +6.85% |
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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