ARCHER AVIATION INC. CLASS A - 1H - Technical analysis published on 07/17/2024 (GMT)
- 81
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
33%
50%
My opinion
Bullish above 4.76 USD
My targets
5.14 USD (+1.78%)
5.32 USD (+5.35%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 4.76 USD remains possible. It is advisable to trade ARCHER AVIATION INC. CLASS A with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 4.76 USD. The next bullish objective for buyers is set at 5.14 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.32 USD. If there is any crossing, the next objective would be the resistance located at 5.59 USD. PS: if there is a bearish break in the support located at 4.76 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2
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 5.05 USD. The price is lower by -6.31% since the last closing 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
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
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 | 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 52.12 | |
| MACD (12,26,9): | 0.1100 | |
| Directional Movement: | 3.28 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 5.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.42 | |
| Elder Ray (13): | -0.08 | |
| Super Trend (3,10): | 5.03 | |
| Zig ZAG (10): | 5.08 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 18.77 | |
| TEMA (21): | 5.23 | |
| Williams %R (14): | -84.00 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | -1.0700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.4700 | |
| Courbe Coppock: | 5.11 |
| MA7: | 4.83 | |
| MA20: | 4.10 | |
| MA50: | 3.73 | |
| MA100: | 4.07 | |
| MAexp7: | 5.16 | |
| MAexp20: | 5.11 | |
| MAexp50: | 4.82 | |
| MAexp100: | 4.44 | |
| Price / MA7: | +4.55% | |
| Price / MA20: | +23.17% | |
| Price / MA50: | +35.39% | |
| Price / MA100: | +24.08% | |
| Price / MAexp7: | -2.13% | |
| Price / MAexp20: | -1.17% | |
| Price / MAexp50: | +4.77% | |
| Price / MAexp100: | +13.74% |
Quotes :
-
15 min delayed data
-
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis ARCHER AVIATION INC. CLASS A - 1H