ARCHER AVIATION INC. CLASS A - Daily - Technical analysis published on 08/27/2024 (GMT)
- 91
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
50%
11%
39%
My opinion
Neutral between 3.65 USD and 4.21 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on ARCHER AVIATION INC. CLASS A. It is difficult to advise a trading direction under these conditions. The first support is located at 3.65 USD. The first resistance is located at 4.21 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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 3.93 USD. The price registered an increase of +2.88% on the session with the lowest point at 3.82 USD and the highest point at 3.96 USD. The deviation from the price is +2.88% for the low point and -0.76% for the high point.3.82
3.96
3.93
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ARCHER AVIATION INC. CLASS A:
Technical
Technical analysis of this Daily chart of ARCHER AVIATION INC. CLASS A indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 1.63 | 3.02 | 3.65 | 3.93 | 4.21 | 4.84 | 5.40 |
| Change (%) | -58.52% | -23.16% | -7.12% | - | +7.12% | +23.16% | +37.40% |
| Change | -2.30 | -0.91 | -0.28 | - | +0.28 | +0.91 | +1.47 |
| Level | Minor | Major | Major | - | Intermediate | Major | 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 | 3.71 | 3.76 | 3.85 | 3.90 | 3.99 | 4.04 | 4.13 |
| Camarilla | 3.89 | 3.90 | 3.92 | 3.93 | 3.94 | 3.96 | 3.97 |
| Woodie | 3.72 | 3.77 | 3.86 | 3.91 | 4.00 | 4.05 | 4.14 |
| Fibonacci | 3.76 | 3.82 | 3.85 | 3.90 | 3.96 | 3.99 | 4.04 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.41 | 3.51 | 3.67 | 3.77 | 3.93 | 4.03 | 4.19 |
| Camarilla | 3.75 | 3.77 | 3.80 | 3.82 | 3.84 | 3.87 | 3.89 |
| Woodie | 3.43 | 3.53 | 3.69 | 3.79 | 3.95 | 4.05 | 4.21 |
| Fibonacci | 3.51 | 3.61 | 3.67 | 3.77 | 3.87 | 3.93 | 4.03 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.10 | 2.24 | 3.20 | 4.34 | 5.30 | 6.44 | 7.40 |
| Camarilla | 3.59 | 3.79 | 3.98 | 4.17 | 4.36 | 4.56 | 4.75 |
| Woodie | 1.02 | 2.20 | 3.12 | 4.30 | 5.22 | 6.40 | 7.32 |
| Fibonacci | 2.24 | 3.04 | 3.53 | 4.34 | 5.14 | 5.63 | 6.44 |
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): | 50.31 | |
| MACD (12,26,9): | -0.1000 | |
| Directional Movement: | -2.47 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 3.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.52 | |
| Elder Ray (13): | 0.07 | |
| Super Trend (3,10): | 4.47 | |
| Zig ZAG (10): | 3.93 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 53.52 | |
| TEMA (21): | 3.65 | |
| Williams %R (14): | -29.58 | |
| Chande Momentum Oscillator (20): | -0.06 | |
| Repulse (5,40,3): | 3.6300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.4600 | |
| Courbe Coppock: | 11.09 |
| MA7: | 3.78 | |
| MA20: | 3.83 | |
| MA50: | 4.03 | |
| MA100: | 3.88 | |
| MAexp7: | 3.80 | |
| MAexp20: | 3.88 | |
| MAexp50: | 3.96 | |
| MAexp100: | 4.09 | |
| Price / MA7: | +3.97% | |
| Price / MA20: | +2.61% | |
| Price / MA50: | -2.48% | |
| Price / MA100: | +1.29% | |
| Price / MAexp7: | +3.42% | |
| Price / MAexp20: | +1.29% | |
| Price / MAexp50: | -0.76% | |
| Price / MAexp100: | -3.91% |
Quotes :
-
15 min delayed data
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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
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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…
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