PALANTIR TECHNOLOGIES - 1H - Technical analysis published on 06/08/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 23.79 USD
My targets
24.81 USD (+1.76%)
26.22 USD (+7.56%)
My analysis
PALANTIR TECHNOLOGIES is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 23.79 USD. The next resistance located at 24.81 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 26.22 USD. After this resistance, buyers could then target 29.03 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
6.3
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Additional analysis
Quotes
The PALANTIR TECHNOLOGIES price is 24.38 USD. On the day, this instrument lost -0.33% and was traded between 23.93 USD and 25.23 USD over the period. The price is currently at +1.88% from its lowest and -3.37% from its highest.23.93
25.23
24.38
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
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 in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 5 are bullish, 9 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20.29 | 21.75 | 23.79 | 24.38 | 24.81 | 29.03 | 39.00 |
| Change (%) | -16.78% | -10.79% | -2.42% | - | +1.76% | +19.07% | +59.97% |
| Change | -4.09 | -2.63 | -0.59 | - | +0.43 | +4.65 | +14.62 |
| Level | Minor | Major | Intermediate | - | Intermediate | 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 | 22.50 | 23.21 | 23.80 | 24.51 | 25.10 | 25.81 | 26.40 |
| Camarilla | 24.02 | 24.14 | 24.26 | 24.38 | 24.50 | 24.62 | 24.74 |
| Woodie | 22.43 | 23.18 | 23.73 | 24.48 | 25.03 | 25.78 | 26.33 |
| Fibonacci | 23.21 | 23.71 | 24.02 | 24.51 | 25.01 | 25.32 | 25.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.17 | 21.26 | 22.65 | 23.74 | 25.13 | 26.22 | 27.61 |
| Camarilla | 23.35 | 23.58 | 23.80 | 24.03 | 24.26 | 24.49 | 24.71 |
| Woodie | 20.31 | 21.34 | 22.79 | 23.82 | 25.27 | 26.30 | 27.75 |
| Fibonacci | 21.26 | 22.21 | 22.80 | 23.74 | 24.69 | 25.28 | 26.22 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.73 | 13.90 | 18.42 | 21.59 | 26.11 | 29.28 | 33.80 |
| Camarilla | 20.84 | 21.54 | 22.25 | 22.95 | 23.66 | 24.36 | 25.07 |
| Woodie | 11.42 | 14.24 | 19.11 | 21.93 | 26.80 | 29.62 | 34.49 |
| Fibonacci | 13.90 | 16.83 | 18.65 | 21.59 | 24.52 | 26.34 | 29.28 |
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): | 55.03 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | 7.17 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 24.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.08 | |
| Elder Ray (13): | -0.05 | |
| Super Trend (3,10): | 23.46 | |
| Zig ZAG (10): | 24.38 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 43.17 | |
| TEMA (21): | 24.46 | |
| Williams %R (14): | -59.03 | |
| Chande Momentum Oscillator (20): | -0.31 | |
| Repulse (5,40,3): | 0.0500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1300 | |
| Courbe Coppock: | 2.06 |
| MA7: | 23.85 | |
| MA20: | 21.79 | |
| MA50: | 22.31 | |
| MA100: | 25.22 | |
| MAexp7: | 24.41 | |
| MAexp20: | 24.30 | |
| MAexp50: | 23.74 | |
| MAexp100: | 22.94 | |
| Price / MA7: | +2.22% | |
| Price / MA20: | +11.89% | |
| Price / MA50: | +9.28% | |
| Price / MA100: | -3.33% | |
| Price / MAexp7: | -0.12% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | +2.70% | |
| Price / MAexp100: | +6.28% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on PALANTIR TECHNOLOGIES. At the time of publication of this analysis, the latest news was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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