PALANTIR TECHNOLOGIES INC-A (PLTR) Stock Technical Analysis
USA - NASDAQ:PLTR - US69608A1088 - Common Stock
173.07 USD
-13.98 (-7.47%)
175.43 USD
+2.36 (+1.36%)
Taking everything into account, PLTR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PLTR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that PLTR is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by PLTR over the past year are nicely spread over this period.
PLTR is one of the better performing stocks in the Software industry, it outperforms 96% of 281 stocks in the same industry.
PLTR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PLTR has a been trading in the 154.91 - 188.20 range, which is quite wide. It is currently trading near the high of this range.
PLTR has an average volume of 67725400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PLTR has an excellent technical rating, but the quality of the setup is only medium 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
109.50
188.93
4 important support areas can be observed.
- A support zone ranging from 167.49 to 168.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 162.65 to 162.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 153.10 to 154.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @110.61 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 186.97 to 187.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 98.12 | POSITIVE | PLTR has a high relative strength, it outperformed 98.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PLTR is below 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) | 49.72 | NEUTRAL | The RSI value for PLTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PLTR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.08 | NEUTRAL | The Stochastics value for PLTR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for PLTR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.05 | NEGATIVE | The low ADX value for PLTR suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
173.07
-13.98 (-7.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-7.47%
1 Week-2.53%
2 Weeks-5.11%
1 Month13.04%
3 Month28.81%
6 Month133.85%
12 Month332.57%
2 Year1069.39%
3 Year1868.94%
5 Year1608.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.32
ATR(20)%3.95%
ATR Inc62.25%
Range Today16.07
ADR(20)6.6
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.12
Mansfield4.31
10 Day High188.2
10 Day Low170.77
20 Day High188.2
20 Day Low154.91
52 Week High190
52 Week Low38.78
CS1 End168.97
CR1 Start186.97
Volume & EV
DER(3)1.69%
DER(5)1.73%
Volume105.53M
Volume Incr-5.9%
Vol(5)54.62M
Vol(50)67.73M