(ACHR) Archer Aviation - Ratings and Ratios

Archer Aviation Inc. is a pioneering company in the urban air mobility (UAM) sector, developing electric vertical takeoff and landing (eVTOL) aircraft for commercial and defense applications. With a focus on revolutionizing transportation, Archer Aviation aims to provide sustainable, efficient, and safe aerial ride-sharing services, leveraging its proprietary technology and innovative designs.

As a key player in the rapidly growing UAM market, Archer Aviation is well-positioned to capitalize on the increasing demand for eco-friendly and convenient transportation solutions. The companys eVTOL aircraft, such as Archer Direct, are designed to reduce noise pollution, emissions, and operating costs, making them an attractive option for urban air mobility.

Analyzing the companys , we can observe that the stock has recently experienced a correction, with the last price at $10.19, below its 20-day Simple Moving Average (SMA) of $10.61. However, the stock remains above its 50-day SMA of $8.86, indicating a potential bullish trend. The Average True Range (ATR) of 0.77 (7.59%) suggests moderate volatility. Considering the , Archer Aviations market capitalization stands at $5.82 billion, with a negative P/E ratio due to its current unprofitable state.

Based on the and , our forecast suggests that Archer Aviations stock may experience a short-term correction, potentially testing the $9.50 level, before resuming its upward trajectory. As the company continues to progress in its development and commercialization of eVTOL aircraft, we anticipate increased investor confidence, potentially driving the stock price towards the $15.00 level in the next 6-12 months, representing a potential upside of approximately 47% from current levels.