PALANTIR TECHNOLOGIES INC.
PALANTIR TECHNOLOGIES INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PLTR
ISIN:

PALANTIR TECHNOLOGIES INC. - 1H - Technical analysis published on 12/31/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
17%
78%
6%
My opinion
Bearish under 80.95 USD
My targets
76.29 USD (-1.33%)
71.16 USD (-7.97%)
My analysis
The strong short-term decline in PALANTIR TECHNOLOGIES INC. calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 80.95 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 76.29 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 71.16 USD as an objective. Crossing it would then enable sellers to target 67.96 USD. Be careful, a return to above 80.95 USD could jeopardize the reversal.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
2.7

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 Qaisali123. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The PALANTIR TECHNOLOGIES INC. rating is 77.32 USD. The price has increased by +0.18% since the last closing and was between 75.67 USD and 77.98 USD. This implies that the price is at +2.18% from its lowest and at -0.85% from its highest.

75.67
77.98
77.32

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 PALANTIR TECHNOLOGIES INC. in 1H shows an overall slightly bullish trend. 53.57% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



The probability of a further decline is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

The Central Indicators scanner found no further results concerning independent technical indicators.

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

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 67.96 71.16 76.29 77.32 80.95 84.80
Change (%) -12.11% -7.97% -1.33% - +4.69% +9.67%
Change -9.36 -6.16 -1.03 - +3.63 +7.48
Level Major Intermediate Major - Intermediate 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
Standard72.6574.3875.7877.5178.9180.6482.04
Camarilla76.3276.6176.8977.1877.4777.7578.04
Woodie72.4974.3075.6277.4378.7580.5681.88
Fibonacci74.3875.5876.3177.5178.7179.4480.64


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard68.6773.0476.0680.4383.4587.8290.84
Camarilla77.0577.7378.4079.0879.7680.4481.11
Woodie68.0072.7075.3980.0982.7887.4890.17
Fibonacci73.0475.8677.6180.4383.2585.0087.82


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.6031.8149.4558.6676.3085.51103.15
Camarilla59.7062.1664.6267.0869.5472.0074.46
Woodie26.8133.9253.6660.7780.5187.62107.36
Fibonacci31.8142.0748.4158.6668.9275.2685.51

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): 38.53
MACD (12,26,9): -0.7700
Directional Movement: -17.25
AROON (14): -85.71
DEMA (21): 77.67
Parabolic SAR (0,02-0,02-0,2): 78.33
Elder Ray (13): -1.18
Super Trend (3,10): 80.84
Zig ZAG (10): 76.73
VORTEX (21): 0.8200
Stochastique (14,3,5): 29.36
TEMA (21): 76.56
Williams %R (14): -71.99
Chande Momentum Oscillator (20): -2.42
Repulse (5,40,3): -0.6900
ROCnROLL: 2
TRIX (15,9): -0.0900
Courbe Coppock: 6.81
MA7: 79.86
MA20: 75.44
MA50: 63.05
MA100: 49.31
MAexp7: 77.45
MAexp20: 78.49
MAexp50: 78.38
MAexp100: 76.37
Price / MA7: -3.18%
Price / MA20: +2.49%
Price / MA50: +22.63%
Price / MA100: +56.80%
Price / MAexp7: -0.18%
Price / MAexp20: -1.50%
Price / MAexp50: -1.37%
Price / MAexp100: +1.23%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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