ARCHER AVIATION INC. CLASS A - 15 min. - Technical analysis published on 07/19/2024 (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 bearish
Underlying:
Strongly bearish
Technical indicators
39%
44%
17%
My opinion
Bearish under 4.68 USD
My targets
4.55 USD (-1.94%)
4.46 USD (-3.88%)
My analysis
ARCHER AVIATION INC. CLASS A is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 4.68 USD. The next support located at 4.55 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 4.46 USD. Below this support, sellers could then target 4.33 USD. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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.
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Additional analysis
Quotes
ARCHER AVIATION INC. CLASS A rating 4.64 USD. On the day, this instrument lost -3.93% and was traded between 4.59 USD and 4.81 USD over the period. The price is currently at +1.09% from its lowest and -3.53% from its highest.4.59
4.81
4.64
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
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of ARCHER AVIATION INC. CLASS A in 15 min. shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 7 are bullish, 3 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 | 4.64 | 4.95 | 5.14 | 5.59 |
| Change (%) | -21.98% | -12.93% | -4.09% | - | +6.68% | +10.78% | +20.47% |
| Change | -1.02 | -0.60 | -0.19 | - | +0.31 | +0.50 | +0.95 |
| Level | Minor | Intermediate | Major | - | Minor | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.33 | 4.46 | 4.55 | 4.68 | 4.77 | 4.90 | 4.99 |
| Camarilla | 4.58 | 4.60 | 4.62 | 4.64 | 4.66 | 4.68 | 4.70 |
| Woodie | 4.31 | 4.45 | 4.53 | 4.67 | 4.75 | 4.89 | 4.97 |
| Fibonacci | 4.46 | 4.54 | 4.60 | 4.68 | 4.76 | 4.82 | 4.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.45 | 4.02 | 4.33 | 4.90 | 5.21 | 5.78 | 6.09 |
| Camarilla | 4.40 | 4.48 | 4.56 | 4.64 | 4.72 | 4.80 | 4.88 |
| Woodie | 3.32 | 3.96 | 4.20 | 4.84 | 5.08 | 5.72 | 5.96 |
| Fibonacci | 4.02 | 4.36 | 4.56 | 4.90 | 5.24 | 5.44 | 5.78 |
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): | 37.95 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -15.94 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 4.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.73 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 4.74 | |
| Zig ZAG (10): | 4.65 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 24.63 | |
| TEMA (21): | 4.62 | |
| Williams %R (14): | -64.06 | |
| Chande Momentum Oscillator (20): | -0.05 | |
| Repulse (5,40,3): | 0.5300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1600 | |
| Courbe Coppock: | 2.90 |
| MA7: | 4.94 | |
| MA20: | 4.26 | |
| MA50: | 3.76 | |
| MA100: | 4.07 | |
| MAexp7: | 4.64 | |
| MAexp20: | 4.68 | |
| MAexp50: | 4.79 | |
| MAexp100: | 4.87 | |
| Price / MA7: | -6.07% | |
| Price / MA20: | +8.92% | |
| Price / MA50: | +23.40% | |
| Price / MA100: | +14.00% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0.85% | |
| Price / MAexp50: | -3.13% | |
| Price / MAexp100: | -4.72% |
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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