PALANTIR TECHNOLOGIES INC-A (PLTR) Stock Technical Analysis
USA - NASDAQ:PLTR - US69608A1088 - Common Stock
Overall PLTR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PLTR is showing a nice and steady performance.
PLTR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 179.17, a Stop Loss order could be placed below this zone.
More info and screens
117.87
2 important support areas can be observed.
- A support zone ranging from 173.07 to 179.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @119.06 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PLTR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLTR is neutral. |
| ChartMill Relative Strength | 96.49 | POSITIVE | PLTR has a high relative strength, it outperformed 96.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PLTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.77 | NEUTRAL | The RSI value for PLTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.78 | NEGATIVE | The MACD value suggests PLTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.15 | NEUTRAL | The Stochastics value for PLTR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for PLTR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.06 | NEGATIVE | The low ADX value for PLTR suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 191.73 | 173.06 | 18.67 (9.74%) | 10.27% |
| An entry @191.73. This is a Buy Stop order right above the 10 day moving average. | An exit @173.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 18.67 points, which is 9.74%. | For a 1.00% total portfolio risk, you can invest 10.27% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
190.96
-2.65 (-1.37%)
PALANTIR TECHNOLOGIES INC-A / PLTR FAQ
Can you provide the ChartMill technical rating for PALANTIR TECHNOLOGIES INC-A?
ChartMill assigns a technical rating of 10 / 10 to PLTR.
What is the current trend direction of PALANTIR TECHNOLOGIES INC-A (PLTR) stock?
The current trend direction for PALANTIR TECHNOLOGIES INC-A (PLTR) is Bullish.
What is the RSI signal for PALANTIR TECHNOLOGIES INC-A (PLTR) stock?
PALANTIR TECHNOLOGIES INC-A (PLTR) has an RSI value of 53.7748. This indicates that the stock is currently neutral.
What is the MACD signal for PLTR stock?
The MACD indicator for PALANTIR TECHNOLOGIES INC-A (PLTR) has a value of -0.776254, indicating a bearish trend.
What is the short term momentum for PLTR stock?
The short term momentum for PALANTIR TECHNOLOGIES INC-A (PLTR) is neutral.