Taking everything into account, PLTR scores 9 out of 10 in our technical rating. 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.
Although PLTR has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
123.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 160.91 to 162.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @154.27 from a horizontal line in the daily time frame.
- Support @124.69 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 | UP | POSITIVE | The short term trend for PLTR is up. |
| ChartMill Relative Strength | 95.69 | POSITIVE | PLTR has a high relative strength, it outperformed 95.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PLTR is above a declining 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) | 61.53 | NEUTRAL | The RSI value for PLTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.63 | POSITIVE | The MACD value suggests PLTR has a positive trend. |
| Stochastics (14,3) | 94 | OVERBOUGHT | The high Stochastics value suggests PLTR may be overbought. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for PLTR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.73 | NEGATIVE | The low ADX value for PLTR suggests a weak or negative trend. |
187.91
+6.07 (+3.34%)
PALANTIR TECHNOLOGIES INC-A / PLTR FAQ
Can you provide the ChartMill technical rating for PALANTIR TECHNOLOGIES INC-A?
ChartMill assigns a technical rating of 9 / 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 61.5335. 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 2.62829, indicating a bullish trend.
What is the short term momentum for PLTR stock?
The short term momentum for PALANTIR TECHNOLOGIES INC-A (PLTR) is positive.