Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Archer Aviation Inc. Class A (NYSE:ACHR)
Long-Term Downtrend (-90) - ACHR is in a strong downtrend that is likely to continue. While ACHR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ACHR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ACHR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ACHR
The long-term trend has been DOWN since Mar 1st, 2024 at 4.590
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 4.595
The short-term trend has been DOWN since May 1st, 2024 at 3.870
Smart Scan Analysis for ACHR
Based on our trend formula, ACHR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.82 | 3.84 | 3.70 | 3.74 | -0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.73 | 3228304 | 2024-05-08 15:59:35 |
| 52wk High | 7.49 | 52wk High Date | 2023-08-23 |
| 52wk Low | 1.91 | 52wk Low Date | 2023-05-12 |
| Average Volume | 3,736,538 | Shares Outstanding | 334,975 |
| Assets | 554,300,000M | Liabilities | 187,200,000M |
| P/E Ratio | 5.8605 |