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PLTR Stock Forecast & Palantir Technologies Chart Analysis

This article provides a detailed analysis of PLTR-Palantir Technologies Inc. stock including a forecast for PLTR shares. It features Palantir Technologies Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

PLTR Historical Data Review

PLTR Current Price Performance Analysis

The Palantir Technologies - PLTR stock traded on the American stock market, on 06-05-2024, closed at 22.96$ with a %3.89 increased compared to the previous day.

In the last month, the price of PLTR changed by %-8.93 decreased in value, from 25.21 dollars on 05-06-2024 to 22.96 dollars, decreased.

Last year, the price of PLTR was 15.46 dollars on 06-06-2023, and changed by %48.51 increased in value, to 22.96 dollars increased within a year.

The price of Palantir Technologies stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

PLTR with AI Stock Forecast & Price Target

PLTR stock forecast Palantir Technologies price target

On the PLTR chart Palantir Technologies price was recorded as 22.96 Dollars on 06/05/2024.

The artificial intelligence's forecast on PLTR stock is as follows.

The artificial intelligence's prediction error margin for PLTR stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Palantir Technologies stock over the next 4 months is: 34.4 Dollars.

The commentary on PLTR stock Target Price: Highest: 41.013 Dollars is predicted.

The commentary on PLTR stock Target Price: Lowest: 24.086 Dollars is predicted.

Resistance Price where Palantir Technologies stock will Rise and Fall:

Date Price Prediction
08-09-2024 35.133
09-23-2024 37.937
11-12-2024 37.504
04-11-2025 41.013

Support Price where Palantir Technologies stock will Fall and Rise:

Date Price Prediction
08-19-2024 34.840
10-18-2024 35.245
02-25-2025 31.008

The commentary on PLTR stock: Fluctuations in the target price can be expected in the coming days.

The target price for Palantir Technologies stock by the end of 2024 is predicted to be 35.363 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on PLTR stock, and the 2024 target price predictions for Palantir Technologies are detailed above.

The technical analysis and charts for the commentary on PLTR stock are below.

PLTR Support & Resistance and Trend Analysis

PLTR review Palantir Technologies Inc. technical analysis trend chart PLTR pricePLTR stock support and resistance price chart

PLTR stock you have reviewed the technical analysis support resistance charts regarding.

PLTR : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the PLTR review, the Palantir Technologies support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Palantir Technologies Support and Resistance Prices:

PLTR Support Level Price PLTR Resistance Level Price
15.66 18.35
16.03 19.15
16.05 21.85
17.05 22.20
17.10 24.10
20.33 25.06
20.50 25.35
20.63 25.48
22.29 25.52
22.40 27.50
22.92

PLTR Technical Analysis: SMA, RSI, MACD

PLTR review Palantir Technologies Inc. SMA chart analysis PLTR pricePLTR buy or sell review Palantir Technologies Inc. MACD chart analysis PLTR price

Upon reviewing the PLTR chart, buy and sell signals have been generated in the Palantir Technologies technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for PLTR stock are as follows:
  1. PLTR technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Palantir Technologies gave a 'Buy' signal when the RSI was at 21.85, with the current RSI value at 64.494.
  3. The technical analysis for PLTR indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  4. The technical analysis for Palantir Technologies issued a 'Buy' signal when the MACD was at -0.301, with the current MACD value being: -0.033

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Palantir Technologies stock: Click here to read more predictions on Reckitt Benckiser Group stock.

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