PALANTIR TECHNOLOGIES - Daily - Technical analysis published on 03/07/2022 (GMT)
- 309
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 11.99 USD
My targets
10.43 USD (-8.11%)
My analysis
The bearish trend is currently very strong for PALANTIR TECHNOLOGIES. As long as the price remains below the resistance at 11.99 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 10.43 USD. The bearish momentum would be revived by a break in this support. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
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.
This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
PALANTIR TECHNOLOGIES rating 11.35 USD. On the day, this instrument gained +3.56% and was between 11.32 USD and 11.75 USD. This implies that the price is at +0.27% from its lowest and at -3.40% from its highest.11.32
11.75
11.35
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of PALANTIR TECHNOLOGIES indicates that the overall trend is strongly bearish. 92.86% 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 currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bullish harami
Type : Bullish
Timeframe : Daily
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 10.43 | 11.35 | 14.18 | 18.00 | 23.20 |
| Change (%) | -8.11% | - | +24.93% | +58.59% | +104.41% |
| Change | -0.92 | - | +2.83 | +6.65 | +11.85 |
| Level | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.51 | 10.13 | 10.54 | 11.16 | 11.57 | 12.19 | 12.60 |
| Camarilla | 10.68 | 10.77 | 10.87 | 10.96 | 11.05 | 11.15 | 11.24 |
| Woodie | 9.42 | 10.08 | 10.45 | 11.11 | 11.48 | 12.14 | 12.51 |
| Fibonacci | 10.13 | 10.52 | 10.76 | 11.16 | 11.55 | 11.79 | 12.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.51 | 9.63 | 10.29 | 11.41 | 12.07 | 13.19 | 13.85 |
| Camarilla | 10.47 | 10.63 | 10.80 | 10.96 | 11.12 | 11.29 | 11.45 |
| Woodie | 8.29 | 9.52 | 10.07 | 11.30 | 11.85 | 13.08 | 13.63 |
| Fibonacci | 9.63 | 10.31 | 10.73 | 11.41 | 12.09 | 12.51 | 13.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.97 | 7.36 | 9.60 | 11.99 | 14.23 | 16.62 | 18.86 |
| Camarilla | 10.58 | 11.00 | 11.43 | 11.85 | 12.27 | 12.70 | 13.12 |
| Woodie | 4.91 | 7.32 | 9.54 | 11.95 | 14.17 | 16.58 | 18.80 |
| Fibonacci | 7.36 | 9.13 | 10.22 | 11.99 | 13.76 | 14.85 | 16.62 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.11 | |
| MACD (12,26,9): | -0.8300 | |
| Directional Movement: | -18.63 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 11.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 12.09 | |
| Elder Ray (13): | -0.24 | |
| Super Trend (3,10): | 13.82 | |
| Zig ZAG (10): | 11.44 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 33.37 | |
| TEMA (21): | 11.23 | |
| Williams %R (14): | -62.28 | |
| Chande Momentum Oscillator (20): | -2.53 | |
| Repulse (5,40,3): | -8.5400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.9400 | |
| Courbe Coppock: | 26.17 |
| MA7: | 11.61 | |
| MA20: | 12.24 | |
| MA50: | 14.28 | |
| MA100: | 18.27 | |
| MAexp7: | 11.52 | |
| MAexp20: | 12.19 | |
| MAexp50: | 14.23 | |
| MAexp100: | 16.94 | |
| Price / MA7: | -2.24% | |
| Price / MA20: | -7.27% | |
| Price / MA50: | -20.52% | |
| Price / MA100: | -37.88% | |
| Price / MAexp7: | -1.48% | |
| Price / MAexp20: | -6.89% | |
| Price / MAexp50: | -20.24% | |
| Price / MAexp100: | -33.00% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The last news published on PALANTIR TECHNOLOGIES at the time of the generation of this analysis was as follows:
- BigBear.ai And Palantir Announce Strategic Partnership, Combining AI-powered Products With Next Generation Operating Platform
- Greek Government and Palantir Reaffirm Digital Transformation Partnership
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis PALANTIR TECHNOLOGIES - Daily