PALANTIR TECHNOLOGIES

- EUR (-)

- 15 min delayed data - Italy Stocks

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Type:	Stocks
Ticker:	1PLTR
ISIN:

PALANTIR TECHNOLOGIES - Daily - Technical analysis published on 08/07/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

61%

22%

17%

My opinion

Bullish above 26.53 USD

My targets

28.83 USD (+3.04%)

34.12 USD (+21.95%)

My analysis

The basic bullish trend is very strong on PALANTIR TECHNOLOGIES but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 26.53 USD. Crossing the first resistance at 28.83 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 34.12 USD as an objective. Crossing it would then enable buyers to target 39.00 USD. Caution, a return to below 26.53 USD would be a sign of a consolidation phase in the short-term basic trend. 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.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

6.6

Comment on the analysis

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 pierrott. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The PALANTIR TECHNOLOGIES price is 27.98 USD. On the day, this instrument gained +5.23% with the lowest point at 26.82 USD and the highest point at 28.00 USD. The deviation from the price is +4.33% for the low point and -0.07% for the high point.

26.82

28.00

27.98

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of this Daily chart of PALANTIR TECHNOLOGIES indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 11 are bullish, 3 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal support

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	22.76	25.20	26.53	27.98	28.83	39.00
Change (%)	-18.66%	-9.94%	-5.18%	-	+3.04%	+39.39%
Change	-5.22	-2.78	-1.45	-	+0.85	+11.02
Level	Minor	Intermediate	Major	-	Major	Minor

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
Standard	23.78	24.68	25.63	26.53	27.48	28.38	29.33
Camarilla	26.08	26.25	26.42	26.59	26.76	26.93	27.10
Woodie	23.82	24.69	25.67	26.54	27.52	28.39	29.37
Fibonacci	24.68	25.38	25.82	26.53	27.23	27.67	28.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.01	21.38	23.06	25.43	27.11	29.48	31.16
Camarilla	23.63	24.00	24.37	24.74	25.11	25.48	25.85
Woodie	18.67	21.21	22.72	25.26	26.77	29.31	30.82
Fibonacci	21.38	22.93	23.88	25.43	26.98	27.93	29.48

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.05	22.60	24.74	27.29	29.43	31.98	34.12
Camarilla	25.60	26.03	26.46	26.89	27.32	27.75	28.18
Woodie	19.86	22.50	24.55	27.19	29.24	31.88	33.93
Fibonacci	22.60	24.39	25.50	27.29	29.08	30.19	31.98

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):	56.75
MACD (12,26,9):	0.0700
Directional Movement:	-7.89
AROON (14):	-85.71
DEMA (21):	26.90
Parabolic SAR (0,02-0,02-0,2):	21.23
Elder Ray (13):	0.82
Super Trend (3,10):	22.15
Zig ZAG (10):	27.75
VORTEX (21):	0.9300
Stochastique (14,3,5):	57.99
TEMA (21):	26.26
Williams %R (14):	-21.15
Chande Momentum Oscillator (20):	-0.65
Repulse (5,40,3):	8.2300
ROCnROLL:	1
TRIX (15,9):	0.2000
Courbe Coppock:	15.31

MA7:	26.10
MA20:	27.29
MA50:	25.48
MA100:	23.94
MAexp7:	26.47
MAexp20:	26.63
MAexp50:	25.71
MAexp100:	24.26
Price / MA7:	+7.20%
Price / MA20:	+2.53%
Price / MA50:	+9.81%
Price / MA100:	+16.88%
Price / MAexp7:	+5.70%
Price / MAexp20:	+5.07%
Price / MAexp50:	+8.83%
Price / MAexp100:	+15.33%

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:

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

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