ARCHER AVIATION INC-A (ACHR) Technical Analysis
NYSE:ACHR • US03945R1023
Current stock price
ACHR Technical Rating and Analysis
We assign a technical rating of 0 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ACHR is a bad performer in the overall market: 90% of all stocks are doing better.
- ACHR is part of the Aerospace & Defense industry. There are 80 other stocks in this industry, of which 77% are performing better than ACHR.
- ACHR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ACHR is lagging the market.
- ACHR has an average volume of 31087300 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 4.80 - 6.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ACHR Weekly and Daily overview Charts
ACHR Setup Rating and Analysis
The technical rating of ACHR is bad and it also does not present a quality setup 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
ACHR Support and Resistance Analysis
5.03
We found 1 important support area.
- Support @5.08 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 5.59 to 5.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.87 from a trend line in the daily time frame.
- Resistance @6.19 from a trend line in the weekly time frame.
- Resistance @8.95 from a horizontal line in the daily time frame.
ACHR Technical Indicator Signal Analysis
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 | 10.19 | NEGATIVE | ACHR has a low relative strength, it was outperformed by 89.81% 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) | 39.94 | NEUTRAL | The RSI value for ACHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ACHR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.15 | NEUTRAL | The Stochastics value for ACHR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for ACHR suggests high volalility. |
| Average Directional Index/ADX (14) | 32.94 | POSITIVE | The high ADX value value for ACHR suggests a strong trend. |
ACHR Chart- and CandleStick Pattern Analysis
ACHR Technicals: Chart, Performance Metrics, Trend & Indicators
5.32
-0.26 (-4.66%)
ARCHER AVIATION INC-A / ACHR TA 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.
Can you provide the RSI signal for ARCHER AVIATION INC-A?
ARCHER AVIATION INC-A (ACHR) has an RSI value of 39.9444. This indicates that the stock is currently neutral.
What is the short term momentum for ARCHER AVIATION INC-A (ACHR) stock?
The short term momentum for ARCHER AVIATION INC-A (ACHR) is negative.
What is the support and resistance level for ACHR stock?
ARCHER AVIATION INC-A (ACHR) has a support level at 5.08 and a resistance level at 5.59. Check the full technical report for our detailed analysis of ACHR support and resistance levels.