ARCHER AVIATION INC-A (ACHR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ACHR - US03945R1023 - Common Stock
We assign a technical rating of 1 out of 10 to ACHR. 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.
ACHR has a poor technical rating and the quality of the setup is also only medium 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
6.93
4 important support areas can be observed.
- A support zone ranging from 7.51 to 7.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.39 from a trend line in the weekly time frame.
- Support @7.17 from a horizontal line in the weekly time frame.
- Support @7.00 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @8.83 from a horizontal line in the daily time frame.
- Resistance @10.54 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 | UP | POSITIVE | The short term trend for ACHR is up. |
| ChartMill Relative Strength | 15.57 | NEGATIVE | ACHR has a low relative strength, it was outperformed by 84.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ACHR is above 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) | 52.55 | NEUTRAL | The RSI value for ACHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ACHR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.19 | OVERBOUGHT | The high Stochastics value suggests ACHR may be overbought. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for ACHR suggests high volalility. |
| Average Directional Index/ADX (14) | 13.67 | NEGATIVE | The low ADX value for ACHR suggests a weak or negative trend. |
8.42
-0.4 (-4.54%)
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 1 / 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 52.5517. 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 0.109711, 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 hold as the short term and long term trends are mixed.