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PALANTIR TECHNOLOGIES
PALANTIR TECHNOLOGIES
- EUR (-)
- 15 min delayed data - Italy Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: 1PLTR
ISIN:

PALANTIR TECHNOLOGIES - Daily - Technical analysis published on 05/02/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
28%
28%
44%
My opinion
Bearish under 23.65 USD
My targets
21.76 USD (-5.56%)
19.82 USD (-13.96%)
My analysis
PALANTIR TECHNOLOGIES is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 23.65 USD. The next support located at 21.76 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 19.82 USD. Below this support, sellers could then target 15.96 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

aymanm738
This analysis was given by aymanm738. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H

Additional analysis

Quotes

PALANTIR TECHNOLOGIES rating 23.04 USD. On the day, this instrument lost -1.41% and was traded between 22.84 USD and 23.55 USD over the period. The price is currently at +0.88% from its lowest and -2.17% from its highest.

22.84
23.55
23.04

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in Daily of this PALANTIR TECHNOLOGIES chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily



On the 18 technical indicators analysed, 5 are bullish, 8 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Resistance of triangle is broken

Type : Bullish

Timeframe : Daily



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 9.23 15.96 21.76 23.04 25.39 29.03 39.00
Change (%) -59.94% -30.73% -5.56% - +10.20% +26.00% +69.27%
Change -13.81 -7.08 -1.28 - +2.35 +5.99 +15.96
Level Minor Minor Major - Minor Intermediate Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.0322.4322.7423.1423.4523.8524.16
Camarilla22.8522.9122.9823.0423.1123.1723.24
Woodie21.9822.4122.6923.1223.4023.8324.11
Fibonacci22.4322.7122.8723.1423.4223.5823.85


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard21.0321.9222.4823.3723.9324.8225.38
Camarilla22.6422.7722.9123.0423.1723.3123.44
Woodie20.8721.8422.3223.2923.7724.7425.22
Fibonacci21.9222.4722.8223.3723.9224.2724.82


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.5316.3619.8223.6527.1130.9434.40
Camarilla21.2921.9522.6223.2923.9624.6325.30
Woodie12.3616.2719.6523.5626.9430.8534.23
Fibonacci16.3619.1420.8623.6526.4328.1530.94

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 46.66
MACD (12,26,9): -0.2300
Directional Movement: -3.27
AROON (14): -28.57
DEMA (21): 22.96
Parabolic SAR (0,02-0,02-0,2): 24.17
Elder Ray (13): -0.12
Super Trend (3,10): 26.27
Zig ZAG (10): 23.04
VORTEX (21): 1.0000
Stochastique (14,3,5): 43.95
TEMA (21): 23.40
Williams %R (14): -63.71
Chande Momentum Oscillator (20): -0.66
Repulse (5,40,3): -1.6200
ROCnROLL: 2
TRIX (15,9): -0.2300
Courbe Coppock: 1.13
MA7: 23.50
MA20: 23.30
MA50: 24.03
MA100: 26.45
MAexp7: 23.36
MAexp20: 23.39
MAexp50: 24.22
MAexp100: 23.70
Price / MA7: -1.96%
Price / MA20: -1.12%
Price / MA50: -4.12%
Price / MA100: -12.89%
Price / MAexp7: -1.37%
Price / MAexp20: -1.50%
Price / MAexp50: -4.87%
Price / MAexp100: -2.78%

Quotes : - 15 min delayed data - NYSE Stocks

News


The latest news and videos published on PALANTIR TECHNOLOGIES at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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