ARCHER AVIATION INC. CLASS A - 15 min. - Technical analysis published on 07/30/2024 (GMT)
- 102
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- 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:
Strongly bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 4.37 USD
My targets
4.11 USD (-1.37%)
3.85 USD (-7.75%)
My analysis
The bearish trend is currently very strong for ARCHER AVIATION INC. CLASS A. As long as the price remains below the resistance at 4.37 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 4.11 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.85 USD as an objective. Crossing it would then enable sellers to target 3.65 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.6
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
The ARCHER AVIATION INC. CLASS A rating is 4.17 USD. On the day, this instrument lost -6.50% and was between 4.09 USD and 4.42 USD. This implies that the price is at +1.96% from its lowest and at -5.66% from its highest.4.09
4.42
4.17
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:
Technical
Technical analysis of this 15 min. chart of ARCHER AVIATION INC. CLASS A indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 3 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
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 | 3.33 | 3.65 | 4.04 | 4.17 | 4.45 | 4.79 | 5.14 |
| Change (%) | -20.14% | -12.47% | -3.12% | - | +6.71% | +14.87% | +23.26% |
| Change | -0.84 | -0.52 | -0.13 | - | +0.28 | +0.62 | +0.97 |
| Level | Intermediate | Major | Major | - | Major | Intermediate | Intermediate |
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 | 3.85 | 4.11 | 4.29 | 4.55 | 4.73 | 4.99 | 5.17 |
| Camarilla | 4.34 | 4.38 | 4.42 | 4.46 | 4.50 | 4.54 | 4.58 |
| Woodie | 3.80 | 4.09 | 4.24 | 4.53 | 4.68 | 4.97 | 5.12 |
| Fibonacci | 4.11 | 4.28 | 4.39 | 4.55 | 4.72 | 4.83 | 4.99 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.85 | 4.05 | 4.37 | 4.57 | 4.89 | 5.09 | 5.41 |
| Camarilla | 4.55 | 4.60 | 4.64 | 4.69 | 4.74 | 4.79 | 4.83 |
| Woodie | 3.91 | 4.08 | 4.43 | 4.60 | 4.95 | 5.12 | 5.47 |
| Fibonacci | 4.05 | 4.25 | 4.37 | 4.57 | 4.77 | 4.89 | 5.09 |
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): | 24.02 | |
| MACD (12,26,9): | -0.1000 | |
| Directional Movement: | -27.37 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 4.19 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.38 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 4.35 | |
| Zig ZAG (10): | 4.17 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 16.61 | |
| TEMA (21): | 4.13 | |
| Williams %R (14): | -82.58 | |
| Chande Momentum Oscillator (20): | -0.28 | |
| Repulse (5,40,3): | 0.3800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2700 | |
| Courbe Coppock: | 11.22 |
| MA7: | 4.46 | |
| MA20: | 4.57 | |
| MA50: | 3.85 | |
| MA100: | 4.06 | |
| MAexp7: | 4.19 | |
| MAexp20: | 4.32 | |
| MAexp50: | 4.43 | |
| MAexp100: | 4.50 | |
| Price / MA7: | -6.50% | |
| Price / MA20: | -8.75% | |
| Price / MA50: | +8.31% | |
| Price / MA100: | +2.71% | |
| Price / MAexp7: | -0.48% | |
| Price / MAexp20: | -3.47% | |
| Price / MAexp50: | -5.87% | |
| Price / MAexp100: | -7.33% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The latest news and videos published on ARCHER AVIATION INC. CLASS A at the time of the analysis were 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 - 15 min.