Londinia Opportunities Analyses - 01/26/2023 (GMT) PALANTIR TECHNOLOGIES INC - 1H

PALANTIR TECHNOLOGIES INC
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: PTX
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 6.662 EUR
My targets
6.842 EUR (+1.94%)
7.311 EUR (+8.92%)
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 INC as long as the price remains well above 6.662 EUR. The buyers' bullish objective is set at 6.842 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 7.311 EUR. If there is any crossing, the next objective would be the resistance located at 8.960 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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
0
10
7.1

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

PALANTIR TECHNOLOGIES INC rating 6.712 EUR. On the day, this instrument gained +8.96% and was between 6.574 EUR and 6.745 EUR. This implies that the price is at +2.10% from its lowest and at -0.49% from its highest.

6.574
6.745
6.712

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by PALANTIR TECHNOLOGIES INC:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 PALANTIR TECHNOLOGIES INC in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. 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:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



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
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 6.204 6.363 6.662 6.712 6.842 7.311 8.960
Change (%) -7.57% -5.20% -0.74% - +1.94% +8.92% +33.49%
Change -0.508 -0.349 -0.050 - +0.130 +0.599 +2.248
Level Major Minor Minor - Minor Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.6705.8986.0296.2576.3886.6166.747
Camarilla6.0616.0946.1276.1606.1936.2266.259
Woodie5.6225.8745.9816.2336.3406.5926.699
Fibonacci5.8986.0356.1206.2576.3946.4796.616


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.7035.9516.1656.4136.6276.8757.089
Camarilla6.2516.2936.3366.3786.4206.4636.505
Woodie5.6855.9436.1476.4056.6096.8677.071
Fibonacci5.9516.1286.2376.4136.5906.6996.875


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.2654.4335.1766.3447.0878.2558.998
Camarilla5.3955.5705.7455.9206.0956.2706.446
Woodie3.0544.3274.9656.2386.8768.1498.787
Fibonacci4.4335.1635.6146.3447.0747.5258.255

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 59.48
MACD (12,26,9): 0.0340
Directional Movement: 9.898
AROON (14): -57.143
DEMA (21): 6.590
Parabolic SAR (0,02-0,02-0,2): 6.174
Elder Ray (13): 0.127
Super Trend (3,10): 6.384
Zig ZAG (10): 6.712
VORTEX (21): 0.8030
Stochastique (14,3,5): 87.08
TEMA (21): 6.601
Williams %R (14): -5.33
Chande Momentum Oscillator (20): 0.152
Repulse (5,40,3): -0.6040
ROCnROLL: 1
TRIX (15,9): 0.0280
Courbe Coppock: 2.97
MA7: 6.442
MA20: 6.295
MA50: 6.541
MA100: 7.304
MAexp7: 6.610
MAexp20: 6.551
MAexp50: 6.500
MAexp100: 6.428
Price / MA7: +4.19%
Price / MA20: +6.62%
Price / MA50: +2.61%
Price / MA100: -8.11%
Price / MAexp7: +1.54%
Price / MAexp20: +2.46%
Price / MAexp50: +3.26%
Price / MAexp100: +4.42%

Quotes : - 15 min delayed data - Actions Allemagne