By Mill Chart
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PALANTIR TECHNOLOGIES INC-A (NASDAQ:PLTR) has shown strong technical and fundamental characteristics that align with Mark Minervini’s trend-following strategy. Minervini’s approach focuses on identifying stocks with strong uptrends, high relative strength, and accelerating earnings growth—qualities that PLTR currently exhibits.
Mark Minervini’s Trend Template is designed to spot stocks in strong uptrends with the potential for continued momentum. The strategy relies on technical criteria such as moving averages, relative strength, and price action. PLTR meets several key requirements:
PLTR has a ChartMill Relative Strength (CRS) score of 99.54, meaning it outperforms nearly all other stocks in price performance over the past year.
Beyond technical strength, PLTR demonstrates strong earnings and revenue growth—another key factor in Minervini’s strategy.
According to ChartMill’s technical report, PLTR scores a perfect 10 out of 10 on technical health, with both short-term and long-term trends positive. However, the setup rating is 3 out of 10, indicating that while the stock is strong, it may need a consolidation before presenting an optimal entry point.
Key takeaways:
For more stocks meeting similar criteria, check the [Minervini Trend Template screener](https://www.chartmill.com/stock/stock-screener?sid=718&f=sm50v_a_sm150v,sm50v_a_sm200v,sl_crs_70_X,sm200v_r,sm150v_a_sm200v,v1_50b100,cu_a_sm50v,cu_a_sm150v,cu_a_sm200v,sl_ratingHgm_6_X,exch_us&v=3&s=ta&sd=DESC&cpl=2&bc=true&nw=1&pam=1&pm=1&set=1&uc=7054723&dc=14111810&o1=3&op1=200,16711680&o2=3&op2=50,255&o3=1&o4=89&op4=40,1,10536676&cf=(h%3E%3D(wh520.75)),(cu%3E%3D(wl521.3)).
$SUMMARY$
PALANTIR TECHNOLOGIES INC-A (PLTR) meets Minervini’s Trend Template criteria with strong technicals, high relative strength, and accelerating earnings growth. While the stock is extended, its fundamentals and momentum make it a candidate for watchlists.