Stock Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Palantir Technologies Inc. (NYSE:PLTR)
Long-Term Downtrend (-90) - PLTR is in a strong downtrend that is likely to continue. While PLTR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Mar 5th, 2021 at 21.15
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 -90 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||121,063,710||Shares Outstanding||1,821,263|