ARCHER AVIATION INC-A (ACHR) Stock Technical Analysis
NYSE:ACHR - New York Stock Exchange, Inc. - US03945R1023 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to ACHR. Although ACHR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
ACHR is part of the Aerospace & Defense industry. There are 65 other stocks in this industry. ACHR outperforms 79% of them.
ACHR has an average volume of 29371300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that ACHR is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ACHR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ACHR has a been trading in the 5.48 - 9.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ACHR has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
6.13
9.54
When analyzing the support we can see 2 important areas.
- Support @6.45 from a trend line in the daily time frame.
- A support zone ranging from 6.19 to 6.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 7.36 to 7.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.63 from a trend line in the daily time frame.
- Resistance @8.61 from a trend line in the weekly time frame.
- Resistance @9.45 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.68
Mansfield3.59
10 Day High7.6
10 Day Low5.48
20 Day High9.18
20 Day Low5.48
52 Week High12.48
52 Week Low2.82
Performance
1 Week2.99%
2 Weeks4.18%
1 Month-12.68%
3 Month-18.03%
6 Month126.65%
12 Month98.08%
2 Year265.15%
3 Year56.83%
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)0.06
RSI(14)47.48
LBB6.32
UBB7.62
7.23
+0.18 (+2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg2.55%
1 Week2.99%
2 Weeks4.18%
1 Month-12.68%
3 Month-18.03%
6 Month126.65%
12 Month98.08%
2 Year265.15%
3 Year56.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%9.26%
ATR Inc-39.74%
Range Today0.56
ADR(20)0.63
ADR(20)%8.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.68
Mansfield3.59
10 Day High7.6
10 Day Low5.48
20 Day High9.18
20 Day Low5.48
52 Week High12.48
52 Week Low2.82
CS1 End6.45
CR1 Start7.36
Volume & EV
DER(3)-0.09%
DER(5)-0.41%
Volume21.02M
Volume Incr-35.45%
Vol(5)15.90M
Vol(50)29.37M