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 10 out of 10 to ACHR. Both in the recent history as in the last year, ACHR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ACHR did better than 97% of all other stocks.
ACHR is part of the Aerospace & Defense industry. There are 66 other stocks in this industry. ACHR outperforms 92% of them.
ACHR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ACHR is lagging the market slightly.
In the last month ACHR has a been trading in the 9.49 - 13.40 range, which is quite wide. It is currently trading near the high of this range.
ACHR has an average volume of 40787500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ACHR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.98
13.53
4 important support areas can be observed.
- A support zone ranging from 10.39 to 10.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.22 from a trend line in the daily time frame.
- Support @9.92 from a horizontal line in the daily time frame.
- Support @8.06 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for ACHR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACHR is up. |
| ChartMill Relative Strength | 97.72 | POSITIVE | ACHR has a high relative strength, it outperformed 97.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACHR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ACHR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ACHR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.02 | OVERBOUGHT | The high RSI value suggests ACHR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests ACHR has a positive trend. |
| Stochastics (14,3) | 91.34 | OVERBOUGHT | The high Stochastics value suggests ACHR may be overbought. |
| Average True Range in percent/ATR (20) | 5.15 | HIGH VOLATILITY | The high ATR as a percentage value for ACHR suggests high volalility. |
| Average Directional Index/ADX (14) | 21.78 | NEUTRAL | The ADX value for ACHR suggests a possible start of a new trend. |
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)
13.4
+1.31 (+10.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg10.84%
1 Week24.3%
2 Weeks34.27%
1 Month35.08%
3 Month85.34%
6 Month51.93%
12 Month188.79%
2 Year99.11%
3 Year231.68%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%5.15%
ATR Inc99.62%
Range Today1.27
ADR(20)0.67
ADR(20)%4.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.72
Mansfield6.8
10 Day High13.4
10 Day Low9.76
20 Day High13.4
20 Day Low9.49
52 Week High13.92
52 Week Low2.82
CS1 End10.63
CR1 StartN/A
Volume & EV
DER(3)3.24%
DER(5)1.39%
Volume74.88M
Volume Incr25.36%
Vol(5)54.51M
Vol(50)40.79M