Archer Aviation ACHR
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
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About
Archer Aviation (ACHR) Business Model and Operations Summary
Archer Aviation Inc. is a company focused on urban air mobility, specializing in the development, manufacturing, and operation of electric vertical takeoff and landing (eVTOL) aircraft for passenger transport. Initially incorporated as Atlas Crest Investment Corp., the organization later rebranded to its current name, Archer Aviation Inc. Established in 2018, its main operational base is located in Palo Alto, California.
Key Insights
Archer Aviation (ACHR) Stock Information & Key Business Metrics
Market Cap
$3.84 BillionAverage Daily Volume
37,177,252 Shares52-Week Range
$4.80-$14.62Total Outstanding Shares
759.60 Million SharesCEO
Adam D. GoldsteinTotal Employees
1,660IPO Date
September 17, 2021SIC Description
AircraftHeadquarters
190 West Tasman Drive, San Jose, CA, 95134