Taking everything into account, PLTR scores 4 out of 10 in our technical rating. 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.
PLTR has an average technical rating and it also 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.
131.80
3 important support areas can be observed.
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for PLTR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLTR is down. |
| ChartMill Relative Strength | 93.27 | POSITIVE | PLTR has a high relative strength, it outperformed 93.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLTR is below 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 | POSITIVE | The current price of PLTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.02 | NEUTRAL | The RSI value for PLTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.39 | NEGATIVE | The MACD value suggests PLTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.29 | NEUTRAL | The Stochastics value for PLTR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for PLTR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.13 | NEGATIVE | The low ADX value for PLTR suggests a weak or negative trend. |
169.6
+3.7 (+2.23%)
ChartMill assigns a technical rating of 4 / 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 42.0205. This indicates that the stock is currently neutral.
The short term momentum for PALANTIR TECHNOLOGIES INC-A (PLTR) is negative.