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
78%
0%
22%
My opinion
Bullish above 5.11 USD
My targets
5.26 USD (+1.21%)
5.48 USD (+5.33%)
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 5.11 USD. The next resistance located at 5.26 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 5.48 USD. After this resistance, buyers could then target 5.63 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 confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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Additional analysis
Quotes
The ARCHER AVIATION INC. CLASS A price is 5.20 USD. The price registered an increase of +2.97% on the session and was between 5.02 USD and 5.22 USD. This implies that the price is at +3.59% from its lowest and at -0.38% from its highest.5.02
5.22
5.20
Here is a more detailed summary of the historical variations registered by ARCHER AVIATION INC. CLASS A:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of ARCHER AVIATION INC. CLASS A indicates that the overall trend is strongly bullish. 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
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
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.45 | 4.95 | 5.14 | 5.20 | 5.32 | 5.59 | 6.46 |
| Change (%) | -14.42% | -4.81% | -1.15% | - | +2.31% | +7.50% | +24.23% |
| Change | -0.75 | -0.25 | -0.06 | - | +0.12 | +0.39 | +1.26 |
| Level | Major | Minor | Intermediate | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
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): | 59.54 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 5.93 | |
| AROON (14): | 7.14 | |
| DEMA (21): | 5.17 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.04 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 5.21 | |
| Zig ZAG (10): | 5.17 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 77.66 | |
| TEMA (21): | 5.18 | |
| Williams %R (14): | -24.02 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 0.0900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 3.67 |
| MA7: | 4.72 | |
| MA20: | 3.99 | |
| MA50: | 3.70 | |
| MA100: | 4.07 | |
| MAexp7: | 5.17 | |
| MAexp20: | 5.12 | |
| MAexp50: | 5.05 | |
| MAexp100: | 4.88 | |
| Price / MA7: | +10.17% | |
| Price / MA20: | +30.33% | |
| Price / MA50: | +40.54% | |
| Price / MA100: | +27.76% | |
| Price / MAexp7: | +0.58% | |
| Price / MAexp20: | +1.56% | |
| Price / MAexp50: | +2.97% | |
| Price / MAexp100: | +6.56% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on ARCHER AVIATION INC. CLASS A. At the time of publication of this analysis, the latest news 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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