Stock Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Palantir Technologies Inc. (NYSE:PLTR)
Crossroads (-60) - PLTR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PLTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLTR
The long-term trend has been UP since Oct 7th, 2020 at 10.18
The intermediate-term trend has been DOWN since Feb 16th, 2021 at 29.56
The short-term trend has been DOWN since Feb 23rd, 2021 at 24.50
Smart Scan Analysis for PLTR
Based on our trend formula, PLTR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||45||52wk High Date||2021-01-27|
|52wk Low||8.9||52wk Low Date||2020-10-06|
|Average Volume||109,031,432||Shares Outstanding||2,439,208|