ARCHER AVIATION INC. CLASS A - 15 min. - Technical analysis published on 07/17/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
17%
67%
17%
My opinion
Bearish under 5.29 USD
My targets
4.84 USD (-4.10%)
4.67 USD (-7.58%)
My analysis
The strong short-term decline in ARCHER AVIATION INC. CLASS A calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 5.29 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 4.84 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 4.67 USD as an objective. Crossing it would then enable sellers to target 4.45 USD. Be careful, a return to above 5.29 USD could jeopardize the reversal.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
2.3
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Additional analysis
Quotes
The ARCHER AVIATION INC. CLASS A rating is 5.05 USD. The price registered a decrease of -6.31% on the session and was between 5.03 USD and 5.39 USD. This implies that the price is at +0.40% from its lowest and at -6.31% from its highest.5.03
5.39
5.05
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
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 an overall slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 3.62 | 4.04 | 4.45 | 5.05 | 5.14 | 5.32 | 5.59 |
| Change (%) | -28.32% | -20.00% | -11.88% | - | +1.78% | +5.35% | +10.69% |
| Change | -1.43 | -1.01 | -0.60 | - | +0.09 | +0.27 | +0.54 |
| Level | Minor | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
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 | 4.67 | 4.84 | 5.12 | 5.29 | 5.57 | 5.74 | 6.02 |
| Camarilla | 5.27 | 5.31 | 5.35 | 5.39 | 5.43 | 5.47 | 5.51 |
| Woodie | 4.72 | 4.87 | 5.17 | 5.32 | 5.62 | 5.77 | 6.07 |
| Fibonacci | 4.84 | 5.02 | 5.12 | 5.29 | 5.47 | 5.57 | 5.74 |
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): | 32.55 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -13.57 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 5.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.35 | |
| Elder Ray (13): | -0.12 | |
| Super Trend (3,10): | 5.48 | |
| Zig ZAG (10): | 5.04 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 4.90 | |
| TEMA (21): | 5.07 | |
| Williams %R (14): | -94.59 | |
| Chande Momentum Oscillator (20): | -0.26 | |
| Repulse (5,40,3): | -0.3300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 10.23 |
| MA7: | 4.83 | |
| MA20: | 4.10 | |
| MA50: | 3.73 | |
| MA100: | 4.07 | |
| MAexp7: | 5.11 | |
| MAexp20: | 5.24 | |
| MAexp50: | 5.19 | |
| MAexp100: | 5.04 | |
| Price / MA7: | +4.55% | |
| Price / MA20: | +23.17% | |
| Price / MA50: | +35.39% | |
| Price / MA100: | +24.08% | |
| Price / MAexp7: | -1.17% | |
| Price / MAexp20: | -3.63% | |
| Price / MAexp50: | -2.70% | |
| Price / MAexp100: | +0.20% |
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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