Archer Aviation, the decline tightens its grip
Archer Aviation drops 6.1% as the sell signal tightens its grip again
Archer Aviation, the decline tightens its grip
Our view last week
Archer Aviation is giving ground again: after last week's bounce, this week's price action shows a 5% drop with 95% of trading on the sell side, and money flow back in negative territory. The stock is boxed between the double bottom in the 4.6 area and the first resistance in the 4.78 area: the decline has resumed direction, though it hasn't yet broken below its recent lows.
This week's summary
Archer Aviation is giving ground again: after last week's bounce faded, this week's decline deepens with a 6.1% drop and 82% of volume on the sell side, while money flow worsens sharply. Price stays boxed between the double bottom in the 4.5 area and the first resistance in the 4.81 area: the sell signal, under management for 6 weeks, still holds direction, but fatigue signals are piling up — contracting volume, buyers in retreat.
IQS Phase
81
in tension / maturity
Signal Strength
49
downtrend making lower lows, pace holding
Sizing
REDUCED
Ranking
#65 / 140
US stocks
Trade P&L %
+12.60%
from signal to today
restricted Platinum content