PALANTIR TECHNOLOGIES INC-A (PLTR)

US69608A1088 - Common Stock

23.01  -1.5 (-6.12%)

After market: 23.05 +0.04 (+0.17%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to PLTR. In the last year, PLTR was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month PLTR has a been trading in the 22.92 - 27.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, PLTR did better than 97% of all other stocks. On top of that, PLTR also shows a nice and consistent pattern of rising prices.
PLTR is one of the better performing stocks in the Software industry, it outperforms 95% of 279 stocks in the same industry.
PLTR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PLTR is lagging the market slightly.
PLTR has an average volume of 78655700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PLTR Weekly chart
PLTR Daily chart
Setup Rating and Analysis

3

Although PLTR has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

16.90

23.24

We found 3 important support areas.

  • A support zone ranging from 23.00 to 23.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @17.46 from a trend line in the weekly time frame.
  • Support @17.07 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.88
Mansfield2.11
10 Day High25.48
10 Day Low22.92
20 Day High27.5
20 Day Low22.92
52 Week High27.5
52 Week Low7.28
Performance
1 Week-6.04%
2 Weeks-5.81%
1 Month-8.25%
3 Month34.01%
6 Month43.81%
12 Month172.31%
2 Year78.51%
3 Year5.24%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.28
RSI(14)44.41
LBB23.16
UBB25.54
PLTR Daily chart

PALANTIR TECHNOLOGIES INC-A

NYSE:PLTR (3/28/2024, 5:35:03 PM)

After market: 23.05 +0.04 (+0.17%)

23.01

-1.5 (-6.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-6.12%
1 Week-6.04%
2 Weeks-5.81%
1 Month-8.25%
3 Month34.01%
6 Month43.81%
12 Month172.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.01
ATR(20)%5.1%
ATR Inc
Range Today1.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High25.48
10 Day Low22.92
20 Day High27.5
20 Day Low22.92
52 Week High27.5
52 Week Low7.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume69.70M
Volume Incr-37.83%
Vol(5)41.32M
Vol(50)78.66M