ARCHER AVIATION INC-A (ACHR)

US03945R1023 - Common Stock

3.24  -0.04 (-1.22%)

After market: 3.23 -0.01 (-0.31%)

Technical Rating and Analysis

1

Overall ACHR gets a technical rating of 1 out of 10. ACHR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
90% of all other stocks performed better in the past year than ACHR.
ACHR is one of the lesser performing stocks in the Aerospace & Defense industry. 75% of 66 stocks in the same industry do better.
ACHR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ACHR is lagging the market.
ACHR has an average volume of 11658300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ACHR has a been trading in the 2.85 - 3.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ACHR Weekly chart
ACHR Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, ACHR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.23, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

2.87

5.29

We found 4 important support areas.

  • A support zone ranging from 3.14 to 3.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @3.05 from a trend line in the weekly time frame.
  • Support @2.97 from a horizontal line in the weekly time frame.
  • Support @2.90 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 3.27 to 3.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @3.42 from a horizontal line in the daily time frame.
  • Resistance @4.13 from a trend line in the weekly time frame.
  • Resistance @5.24 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.28
Mansfield-3.29
10 Day High3.49
10 Day Low2.99
20 Day High3.49
20 Day Low2.85
52 Week High7.02
52 Week Low2.82
Performance
1 Week-4.99%
2 Weeks5.88%
1 Month1.89%
3 Month-10.99%
6 Month-11.23%
12 Month-34.81%
2 Year29.08%
3 Year-47.4%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)51.81
LBB3.01
UBB3.41
ACHR Daily chart

ARCHER AVIATION INC-A

NYSE:ACHR (11/4/2024, 8:04:00 PM)

After market: 3.23 -0.01 (-0.31%)

3.24

-0.04 (-1.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-1.22%
1 Week-4.99%
2 Weeks5.88%
1 Month1.89%
3 Month-10.99%
6 Month-11.23%
12 Month-34.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%5.45%
ATR Inc
Range Today0.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.49
10 Day Low2.99
20 Day High3.49
20 Day Low2.85
52 Week High7.02
52 Week Low2.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.62M
Volume Incr-2.89%
Vol(5)12.01M
Vol(50)11.66M