PALANTIR TECHNOLOGIES - Daily - Technical analysis published on 08/26/2024 (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
67%
6%
28%
My opinion
Bullish above 28.83 USD
My targets
34.12 USD (+7.37%)
39.00 USD (+22.72%)
My analysis
The bullish trend is currently very strong on PALANTIR TECHNOLOGIES. As long as the price remains above the support at 28.83 USD, you could try to benefit from the boom. The first bullish objective is located at 34.12 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 39.00 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
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
0
10
8
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Additional analysis
Quotes
PALANTIR TECHNOLOGIES rating 31.78 USD. The price is lower by -0.44% since the last closing and was traded between 31.62 USD and 32.55 USD over the period. The price is currently at +0.51% from its lowest and -2.37% from its highest.31.62
32.55
31.78
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PALANTIR TECHNOLOGIES:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
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 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 22.76 | 26.49 | 28.83 | 31.78 | 39.00 |
| Change (%) | -28.38% | -16.65% | -9.28% | - | +22.72% |
| Change | -9.02 | -5.29 | -2.95 | - | +7.22 |
| Level | Minor | Intermediate | Major | - | Intermediate |
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 | 30.49 | 31.05 | 31.42 | 31.98 | 32.35 | 32.91 | 33.28 |
| Camarilla | 31.52 | 31.61 | 31.70 | 31.78 | 31.87 | 31.95 | 32.04 |
| Woodie | 30.39 | 31.00 | 31.32 | 31.93 | 32.25 | 32.86 | 33.18 |
| Fibonacci | 31.05 | 31.41 | 31.63 | 31.98 | 32.34 | 32.56 | 32.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.50 | 27.89 | 29.98 | 31.37 | 33.46 | 34.85 | 36.94 |
| Camarilla | 31.12 | 31.44 | 31.76 | 32.08 | 32.40 | 32.72 | 33.04 |
| Woodie | 26.86 | 28.07 | 30.34 | 31.55 | 33.82 | 35.03 | 37.30 |
| Fibonacci | 27.89 | 29.22 | 30.04 | 31.37 | 32.70 | 33.52 | 34.85 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 64.39 | |
| MACD (12,26,9): | 1.5100 | |
| Directional Movement: | 10.53 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 31.87 | |
| Parabolic SAR (0,02-0,02-0,2): | 30.07 | |
| Elder Ray (13): | 1.27 | |
| Super Trend (3,10): | 28.21 | |
| Zig ZAG (10): | 31.78 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 90.05 | |
| TEMA (21): | 32.51 | |
| Williams %R (14): | -17.86 | |
| Chande Momentum Oscillator (20): | 5.46 | |
| Repulse (5,40,3): | -2.6600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.6300 | |
| Courbe Coppock: | 44.34 |
| MA7: | 32.05 | |
| MA20: | 29.13 | |
| MA50: | 27.55 | |
| MA100: | 24.80 | |
| MAexp7: | 31.68 | |
| MAexp20: | 30.00 | |
| MAexp50: | 27.82 | |
| MAexp100: | 25.74 | |
| Price / MA7: | -0.84% | |
| Price / MA20: | +9.10% | |
| Price / MA50: | +15.35% | |
| Price / MA100: | +28.15% | |
| Price / MAexp7: | +0.32% | |
| Price / MAexp20: | +5.93% | |
| Price / MAexp50: | +14.23% | |
| Price / MAexp100: | +23.47% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on PALANTIR TECHNOLOGIES at the time of the analysis were as follows:
- SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Palantir Technologies Inc. with Losses of $100,000 to Contact the Firm
- INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Palantir Technologies Inc. with Losses of $100,000 to Contact the Firm
- INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Palantir Technologies Inc. with Losses of $500,000 to Contact the Firm
- BigBear.ai And Palantir Announce Strategic Partnership, Combining AI-powered Products With Next Generation Operating Platform
- 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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