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 08/19/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 23.38 USD

My targets

27.36 USD (+8.44%)

31.02 USD (+22.95%)

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 23.38 USD. The next resistance located at 27.36 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 31.02 USD. After this resistance, buyers could then target 39.00 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 confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.4

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.

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Additional analysis

Quotes

PALANTIR TECHNOLOGIES rating 25.23 USD. The price registered a decrease of -0.20% on the session and was traded between 24.73 USD and 25.64 USD over the period. The price is currently at +2.02% from its lowest and -1.60% from its highest.

24.73

25.64

25.23

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by PALANTIR TECHNOLOGIES:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of PALANTIR TECHNOLOGIES indicates that the overall trend is strongly bullish. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18.37	21.75	23.38	25.23	25.43	27.36	31.02
Change (%)	-27.19%	-13.79%	-7.33%	-	+0.79%	+8.44%	+22.95%
Change	-6.86	-3.48	-1.85	-	+0.20	+2.13	+5.79
Level	Minor	Major	Intermediate	-	Intermediate	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
Standard	21.73	22.71	23.99	24.97	26.25	27.23	28.51
Camarilla	24.66	24.87	25.07	25.28	25.49	25.69	25.90
Woodie	21.89	22.79	24.15	25.05	26.41	27.31	28.67
Fibonacci	22.71	23.57	24.10	24.97	25.83	26.36	27.23

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.59	20.19	22.55	24.15	26.51	28.11	30.47
Camarilla	23.81	24.17	24.54	24.90	25.26	25.63	25.99
Woodie	18.96	20.38	22.92	24.34	26.88	28.30	30.84
Fibonacci	20.19	21.71	22.64	24.15	25.67	26.60	28.11

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.88	17.22	19.46	22.80	25.04	28.38	30.62
Camarilla	20.18	20.69	21.20	21.71	22.22	22.73	23.25
Woodie	13.34	16.95	18.92	22.53	24.50	28.11	30.08
Fibonacci	17.22	19.35	20.67	22.80	24.93	26.25	28.38

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):	64.13
MACD (12,26,9):	0.5400
Directional Movement:	13.58
AROON (14):	85.72
DEMA (21):	24.06
Parabolic SAR (0,02-0,02-0,2):	23.39
Elder Ray (13):	1.28
Super Trend (3,10):	21.69
Zig ZAG (10):	25.55
VORTEX (21):	1.0600
Stochastique (14,3,5):	76.27
TEMA (21):	24.67
Williams %R (14):	-14.30
Chande Momentum Oscillator (20):	3.05
Repulse (5,40,3):	4.8500
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	21.38

MA7:	24.46
MA20:	23.01
MA50:	23.72
MA100:	23.04
MAexp7:	24.46
MAexp20:	23.58
MAexp50:	23.35
MAexp100:	23.31
Price / MA7:	+3.15%
Price / MA20:	+9.65%
Price / MA50:	+6.37%
Price / MA100:	+9.51%
Price / MAexp7:	+3.15%
Price / MAexp20:	+7.00%
Price / MAexp50:	+8.05%
Price / MAexp100:	+8.24%

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:

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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