NASDAQ:PLTR • US69608A1088
We assign a technical rating of 3 out of 10 to PLTR. Although PLTR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of PLTR is bad and it also does not present a 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.
127.54
2 important support areas can be observed.
We can see 3 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for PLTR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLTR is neutral. |
| ChartMill Relative Strength | 85.04 | POSITIVE | PLTR has a high relative strength, it outperformed 85.04% 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) | DOWN | NEGATIVE | The current price of PLTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PLTR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.97 | NEUTRAL | The RSI value for PLTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.8 | POSITIVE | The MACD value suggests PLTR has a positive trend. |
| Stochastics (14,3) | 81.69 | OVERBOUGHT | The high Stochastics value suggests PLTR may be overbought. |
| Average True Range in percent/ATR (20) | 5.88 | HIGH VOLATILITY | The high ATR as a percentage value for PLTR suggests high volalility. |
| Average Directional Index/ADX (14) | 24.62 | NEUTRAL | The ADX value for PLTR suggests a possible start of a new trend. |
147.22
+2.05 (+1.41%)
ChartMill assigns a technical rating of 3 / 10 to PLTR.
The current trend direction for PALANTIR TECHNOLOGIES INC-A (PLTR) is Bearish.
PALANTIR TECHNOLOGIES INC-A (PLTR) has an RSI value of 52.9677. This indicates that the stock is currently neutral.
The short term momentum for PALANTIR TECHNOLOGIES INC-A (PLTR) is neutral.