PALANTIR TECHNOLOGIES - Daily - Technical analysis published on 04/09/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 21.35 USD
My targets
23.49 USD (+2.00%)
24.89 USD (+8.08%)
My analysis
The basic trend is bullish on PALANTIR TECHNOLOGIES and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 21.35 USD. Sellers would then use the next support located at 17.99 USD as an objective. Crossing it would then enable sellers to target 16.07 USD. If there is a return to above the resistance located at 23.49 USD, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 24.89 USD and 26.46 USD by extension.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
1.1
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This analysis was given by PawelBodytko. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PALANTIR TECHNOLOGIES price is 23.03 USD. On the day, this instrument gained +0.13% with the lowest point at 22.78 USD and the highest point at 23.09 USD. The deviation from the price is +1.10% for the low point and -0.26% for the high point.22.78
23.09
23.03
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PALANTIR TECHNOLOGIES:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this PALANTIR TECHNOLOGIES chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 16.07 | 17.99 | 21.35 | 23.03 | 23.49 | 24.89 | 26.46 |
| Change (%) | -30.22% | -21.88% | -7.29% | - | +2.00% | +8.08% | +14.89% |
| Change | -6.96 | -5.04 | -1.68 | - | +0.46 | +1.86 | +3.43 |
| Level | Major | Minor | Major | - | Major | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.18 | 22.43 | 22.71 | 22.96 | 23.24 | 23.49 | 23.77 |
| Camarilla | 22.85 | 22.90 | 22.95 | 23.00 | 23.05 | 23.10 | 23.15 |
| Woodie | 22.21 | 22.44 | 22.74 | 22.97 | 23.27 | 23.50 | 23.80 |
| Fibonacci | 22.43 | 22.63 | 22.75 | 22.96 | 23.16 | 23.28 | 23.49 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.37 | 20.55 | 21.75 | 22.93 | 24.13 | 25.31 | 26.51 |
| Camarilla | 22.31 | 22.52 | 22.74 | 22.96 | 23.18 | 23.40 | 23.62 |
| Woodie | 19.39 | 20.56 | 21.77 | 22.94 | 24.15 | 25.32 | 26.53 |
| Fibonacci | 20.55 | 21.46 | 22.02 | 22.93 | 23.84 | 24.40 | 25.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.87 | 19.90 | 21.45 | 24.48 | 26.03 | 29.06 | 30.61 |
| Camarilla | 21.75 | 22.17 | 22.59 | 23.01 | 23.43 | 23.85 | 24.27 |
| Woodie | 16.14 | 19.53 | 20.72 | 24.11 | 25.30 | 28.69 | 29.88 |
| Fibonacci | 19.90 | 21.65 | 22.73 | 24.48 | 26.23 | 27.31 | 29.06 |
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): | 45.98 | |
| MACD (12,26,9): | -0.1900 | |
| Directional Movement: | 0.50 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 23.42 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.39 | |
| Elder Ray (13): | -0.39 | |
| Super Trend (3,10): | 25.48 | |
| Zig ZAG (10): | 22.98 | |
| VORTEX (21): | 0.8100 | |
| Stochastique (14,3,5): | 33.82 | |
| TEMA (21): | 22.60 | |
| Williams %R (14): | -65.79 | |
| Chande Momentum Oscillator (20): | -1.51 | |
| Repulse (5,40,3): | -1.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 11.44 |
| MA7: | 22.82 | |
| MA20: | 23.76 | |
| MA50: | 23.21 | |
| MA100: | 20.55 | |
| MAexp7: | 23.05 | |
| MAexp20: | 23.50 | |
| MAexp50: | 22.75 | |
| MAexp100: | 21.02 | |
| Price / MA7: | +0.92% | |
| Price / MA20: | -3.07% | |
| Price / MA50: | -0.78% | |
| Price / MA100: | +12.07% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -2.00% | |
| Price / MAexp50: | +1.23% | |
| Price / MAexp100: | +9.56% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The last news published on PALANTIR TECHNOLOGIES at the time of the generation of this analysis was as follows:
- SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Palantir Technologies Inc. with Losses of $100,000 to Contact the Firm
- INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Palantir Technologies Inc. with Losses of $100,000 to Contact the Firm
- INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Palantir Technologies Inc. with Losses of $500,000 to Contact the Firm
- 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.
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