PALANTIR TECHNOLOGIES - 1H - Technical analysis published on 01/27/2021 (GMT)
- 238
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 37.53 USD
My targets
39.58 USD (+0.69%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PALANTIR TECHNOLOGIES as long as the price remains well above 37.53 USD. The buyers” bullish objective is set at 39.58 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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 savas. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PALANTIR TECHNOLOGIES price is 39.31 USD. The price has increased by +11.14% since the last closing with the lowest point at 32.25 USD and the highest point at 40.20 USD. The deviation from the price is +21.89% for the low point and -2.21% for the high point.32.25
40.20
39.31
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on PALANTIR TECHNOLOGIES were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of PALANTIR TECHNOLOGIES in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 27.46 | 29.43 | 36.87 | 39.31 | 39.58 |
| Change (%) | -30.15% | -25.13% | -6.21% | - | +0.69% |
| Change | -11.85 | -9.88 | -2.44 | - | +0.27 |
| Level | Minor | Intermediate | Minor | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31.62 | 32.97 | 34.17 | 35.52 | 36.72 | 38.07 | 39.27 |
| Camarilla | 34.67 | 34.90 | 35.14 | 35.37 | 35.60 | 35.84 | 36.07 |
| Woodie | 31.55 | 32.93 | 34.10 | 35.48 | 36.65 | 38.03 | 39.20 |
| Fibonacci | 32.97 | 33.94 | 34.55 | 35.52 | 36.49 | 37.10 | 38.07 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.35 | 22.83 | 27.70 | 30.18 | 35.05 | 37.53 | 42.40 |
| Camarilla | 30.56 | 31.23 | 31.91 | 32.58 | 33.25 | 33.93 | 34.60 |
| Woodie | 21.56 | 23.43 | 28.91 | 30.78 | 36.26 | 38.13 | 43.61 |
| Fibonacci | 22.83 | 25.63 | 27.37 | 30.18 | 32.98 | 34.72 | 37.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.30 | 15.22 | 19.39 | 25.31 | 29.48 | 35.40 | 39.57 |
| Camarilla | 20.78 | 21.70 | 22.63 | 23.55 | 24.48 | 25.40 | 26.33 |
| Woodie | 8.42 | 14.78 | 18.51 | 24.87 | 28.60 | 34.96 | 38.69 |
| Fibonacci | 15.22 | 19.08 | 21.46 | 25.31 | 29.17 | 31.55 | 35.40 |
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): | 73.61 | |
| MACD (12,26,9): | 2.0900 | |
| Directional Movement: | 13.19 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 37.56 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.29 | |
| Elder Ray (13): | 2.16 | |
| Super Trend (3,10): | 32.01 | |
| Zig ZAG (10): | 37.93 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 78.02 | |
| TEMA (21): | 38.08 | |
| Williams %R (14): | -27.86 | |
| Chande Momentum Oscillator (20): | 1.86 | |
| Repulse (5,40,3): | 5.5000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.0100 | |
| Courbe Coppock: | 15.77 |
| MA7: | 31.73 | |
| MA20: | 27.23 | |
| MA50: | 25.67 | |
| MA100: | - | |
| MAexp7: | 37.02 | |
| MAexp20: | 34.78 | |
| MAexp50: | 31.51 | |
| MAexp100: | 29.19 | |
| Price / MA7: | +23.89% | |
| Price / MA20: | +44.36% | |
| Price / MA50: | +53.14% | |
| Price / MA100: | - | |
| Price / MAexp7: | +6.19% | |
| Price / MAexp20: | +13.02% | |
| Price / MAexp50: | +24.75% | |
| Price / MAexp100: | +34.67% |
Quotes :
2021-01-27 18:07:10
-
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.
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 - 1H