NASDAQ:PLTR - Nasdaq - US69608A1088 - Common Stock - Currency: USD
Taking everything into account, PLTR scores 10 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.
80.51
We found 4 important support areas.
2 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 | 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 | 99.01 | POSITIVE | PLTR has a high relative strength, it outperformed 99.01% 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) | 51.82 | NEUTRAL | The RSI value for PLTR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.56 | NEGATIVE | The MACD value suggests PLTR has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 19.67 | OVERSOLD | The low Stochastics value suggests PLTR may be oversold. |
Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for PLTR suggests some volalility. |
Average Directional Index/ADX (14) | 18.66 | NEGATIVE | The low ADX value for PLTR suggests a weak or negative trend. |
134.36
+2.24 (+1.7%)