PALANTIR TECHNOLOGIES

- EUR (-)

- 15 min delayed data - Italy Stocks

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Change:	-
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High / Low range:	-

Type:	Stocks
Ticker:	1PLTR
ISIN:

PALANTIR TECHNOLOGIES - Daily - Technical analysis published on 10/08/2024 (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

83%

11%

My opinion

Bullish above 39.00 USD

My targets

43.78 USD (+7.28%)

49.37 USD (+20.98%)

My analysis

The bullish trend is currently very strong on PALANTIR TECHNOLOGIES. As long as the price remains above the support at 39.00 USD, you could try to benefit from the boom. The first bullish objective is located at 43.78 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 49.37 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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.

This analysis was given by robby1966. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The PALANTIR TECHNOLOGIES rating is 40.81 USD. The price has increased by +4.94% since the last closing with the lowest point at 39.01 USD and the highest point at 40.93 USD. The deviation from the price is +4.61% for the low point and -0.29% for the high point.

39.01

40.93

40.81

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

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

Technical

Technical analysis of this Daily chart of PALANTIR TECHNOLOGIES indicates that the overall trend is strongly bullish. 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 scanner does not detect any result on moving averages that would impact this trend.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	26.49	30.20	39.00	40.81
Change (%)	-35.09%	-26.00%	-4.44%	-
Change	-14.32	-10.61	-1.81	-
Level	Major	Intermediate	Major	-

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	37.03	37.90	38.40	39.27	39.77	40.64	41.14
Camarilla	38.51	38.64	38.76	38.89	39.02	39.14	39.27
Woodie	36.84	37.81	38.21	39.18	39.58	40.55	40.95
Fibonacci	37.90	38.43	38.75	39.27	39.80	40.12	40.64

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.04	34.54	37.28	38.78	41.52	43.02	45.76
Camarilla	38.84	39.23	39.62	40.01	40.40	40.79	41.18
Woodie	33.65	34.85	37.89	39.09	42.13	43.33	46.37
Fibonacci	34.54	36.16	37.16	38.78	40.40	41.40	43.02

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	22.73	26.02	31.61	34.90	40.49	43.78	49.37
Camarilla	34.76	35.57	36.39	37.20	38.01	38.83	39.64
Woodie	23.88	26.60	32.76	35.48	41.64	44.36	50.52
Fibonacci	26.02	29.41	31.51	34.90	38.29	40.39	43.78

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):	72.51
MACD (12,26,9):	1.8700
Directional Movement:	20.00
AROON (14):	85.71
DEMA (21):	39.50
Parabolic SAR (0,02-0,02-0,2):	36.44
Elder Ray (13):	1.93
Super Trend (3,10):	35.84
Zig ZAG (10):	40.61
VORTEX (21):	1.2300
Stochastique (14,3,5):	86.14
TEMA (21):	39.81
Williams %R (14):	-4.61
Chande Momentum Oscillator (20):	3.38
Repulse (5,40,3):	4.8800
ROCnROLL:	1
TRIX (15,9):	0.7600
Courbe Coppock:	14.84

MA7:	38.54
MA20:	37.22
MA50:	32.91
MA100:	28.86
MAexp7:	38.88
MAexp20:	37.03
MAexp50:	33.75
MAexp100:	30.32
Price / MA7:	+5.89%
Price / MA20:	+9.65%
Price / MA50:	+24.00%
Price / MA100:	+41.41%
Price / MAexp7:	+4.96%
Price / MAexp20:	+10.21%
Price / MAexp50:	+20.92%
Price / MAexp100:	+34.60%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on PALANTIR TECHNOLOGIES at the time of the analysis were as follows:

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

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