ARCHER AVIATION INC. CLASS A - 1H - Technical analysis published on 07/16/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 5.32 USD
My targets
5.59 USD (+2.95%)
5.89 USD (+8.47%)
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 5.32 USD. The next resistance located at 5.59 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 5.89 USD. After this resistance, buyers could then target 6.46 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.
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
8.8
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ARCHER AVIATION INC. CLASS A rating 5.43 USD. The price has increased by +7.53% since the last closing and was traded between 5.02 USD and 5.43 USD over the period. The price is currently at +8.17% from its lowest and 0% from its highest.5.02
5.43
5.43
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 this 1H 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.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
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 | 4.95 | 5.14 | 5.32 | 5.43 | 5.59 | 6.46 | 6.90 |
| Change (%) | -8.84% | -5.34% | -2.03% | - | +2.95% | +18.97% | +27.07% |
| Change | -0.48 | -0.29 | -0.11 | - | +0.16 | +1.03 | +1.47 |
| Level | Minor | Intermediate | 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 | 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): | 74.52 | |
| MACD (12,26,9): | 0.1900 | |
| Directional Movement: | 24.94 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 5.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.01 | |
| Elder Ray (13): | 0.23 | |
| Super Trend (3,10): | 5.00 | |
| Zig ZAG (10): | 5.40 | |
| VORTEX (21): | 1.2500 | |
| Stochastique (14,3,5): | 87.55 | |
| TEMA (21): | 5.34 | |
| Williams %R (14): | -2.13 | |
| Chande Momentum Oscillator (20): | 0.18 | |
| Repulse (5,40,3): | 4.5100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5700 | |
| Courbe Coppock: | 8.11 |
| MA7: | 4.75 | |
| MA20: | 4.00 | |
| MA50: | 3.70 | |
| MA100: | 4.07 | |
| MAexp7: | 5.25 | |
| MAexp20: | 5.06 | |
| MAexp50: | 4.72 | |
| MAexp100: | 4.34 | |
| Price / MA7: | +14.32% | |
| Price / MA20: | +35.75% | |
| Price / MA50: | +46.76% | |
| Price / MA100: | +33.42% | |
| Price / MAexp7: | +3.43% | |
| Price / MAexp20: | +7.31% | |
| Price / MAexp50: | +15.04% | |
| Price / MAexp100: | +25.12% |
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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