ARCHER AVIATION INC-A (ACHR) Stock Technical Analysis
NYSE:ACHR • US03945R1023
Overall ACHR gets a technical rating of 0 out of 10. ACHR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 86% of all other stocks performed better in the past year than ACHR.
- ACHR is part of the Aerospace & Defense industry. There are 73 other stocks in this industry, of which 79% are performing better than ACHR.
- ACHR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ACHR has a been trading in the 6.36 - 9.23 range, which is quite wide. It is currently trading near the lows of this range.
- ACHR has an average volume of 38641400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ACHR has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.70
When analyzing the resistance we notice 6 important areas.
- Resistance @6.82 from a trend line in the daily time frame.
- A resistance zone ranging from 7.31 to 7.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.97 to 8.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.95 from a horizontal line in the daily time frame.
- Resistance @9.99 from a trend line in the weekly time frame.
- Resistance @13.30 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ACHR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACHR is down. |
| ChartMill Relative Strength | 14.28 | NEGATIVE | ACHR has a low relative strength, it was outperformed by 85.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACHR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACHR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACHR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.78 | NEUTRAL | The RSI value for ACHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ACHR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.66 | NEUTRAL | The Stochastics value for ACHR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.19 | HIGH VOLATILITY | The high ATR as a percentage value for ACHR suggests high volalility. |
| Average Directional Index/ADX (14) | 25.21 | POSITIVE | The high ADX value value for ACHR suggests a strong trend. |
6.77
+0.01 (+0.15%)
ARCHER AVIATION INC-A / ACHR FAQ
What is the ChartMill technical rating of ARCHER AVIATION INC-A (ACHR) stock?
ChartMill assigns a technical rating of 0 / 10 to ACHR.
Can you provide the trend direction for ARCHER AVIATION INC-A?
The current trend direction for ARCHER AVIATION INC-A (ACHR) is Bearish.
What is the RSI signal for ARCHER AVIATION INC-A (ACHR) stock?
ARCHER AVIATION INC-A (ACHR) has an RSI value of 37.7842. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ARCHER AVIATION INC-A?
The MACD indicator for ARCHER AVIATION INC-A (ACHR) has a value of -0.0632031, indicating a bearish trend.
Can you provide the buy/sell signal for ARCHER AVIATION INC-A?
The buy/sell signal for ARCHER AVIATION INC-A (ACHR) is sell as both the short term and long term trends are negative.