PALANTIR TECHNOLOGIES INC-A (PLTR) Technical Analysis
NASDAQ:PLTR • US69608A1088
Current stock price
PLTR Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to PLTR. PLTR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- PLTR is one of the better performing stocks in the Software industry, it outperforms 82% of 271 stocks in the same industry.
- PLTR has an average volume of 55456300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, PLTR outperforms 59% of them, which is more or less in line with the market.
- PLTR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLTR is lagging the market.
- In the last month PLTR has a been trading in the 122.68 - 162.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PLTR Weekly and Daily overview Charts
PLTR Setup Rating and Analysis
The technical rating of PLTR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
PLTR Support and Resistance Analysis
126.77
When analyzing the support we notice one important area.
- A support zone ranging from 128.05 to 128.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 143.73 to 146.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 150.08 to 152.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
PLTR Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PLTR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLTR is down. |
| ChartMill Relative Strength | 59.65 | NEUTRAL | PLTR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.3 | NEUTRAL | The RSI value for PLTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.85 | NEGATIVE | The MACD value suggests PLTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.19 | NEUTRAL | The Stochastics value for PLTR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for PLTR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.69 | NEUTRAL | The ADX value for PLTR suggests a possible start of a new trend. |
PLTR Chart- and CandleStick Pattern Analysis
PLTR Technicals: Chart, Performance Metrics, Trend & Indicators
135.7
+3.33 (+2.52%)
PALANTIR TECHNOLOGIES INC-A / PLTR TA FAQ
Can you provide the ChartMill technical rating for PALANTIR TECHNOLOGIES INC-A?
ChartMill assigns a technical rating of 1 / 10 to PLTR.
What is the trend direction for PLTR stock?
The current trend direction for PALANTIR TECHNOLOGIES INC-A (PLTR) is Bearish.
Can you provide the RSI signal for PALANTIR TECHNOLOGIES INC-A?
PALANTIR TECHNOLOGIES INC-A (PLTR) has an RSI value of 42.2967. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PALANTIR TECHNOLOGIES INC-A?
The MACD indicator for PALANTIR TECHNOLOGIES INC-A (PLTR) has a value of -1.85351, indicating a bearish trend.
What are the support and resistance levels for PALANTIR TECHNOLOGIES INC-A (PLTR) stock?
PALANTIR TECHNOLOGIES INC-A (PLTR) has a support level at 128.05 and a resistance level at 143.73. Check the full technical report for our detailed analysis of PLTR support and resistance levels.