Palantir's buy signal holds firm
Palantir gains 3.4%, hugs the highs as daily higher lows keep building
Our view last week
Last week's 39.8% surge opened a fresh Buy signal on Palantir, and this week confirms it: the stock closes up 1.2% and stays close to its all-time highs, just 16% below the 207.5 area. Signal strength climbs to 70 out of 100, but one technical warning flags a weaker body on the last weekly candle. Our Palantir stock technical analysis calls for a disciplined entry, with a pullback trigger still the preferred way in.
This week's summary
On the daily chart Palantir is building a run of 5 higher lows, from the 118 area toward the 170 area: buyers keep control even during the pauses. The week just closed adds 3.4% and the stock stays close to its all-time highs, with daily volume still dominated by buyers. Palantir stock remains inside a buy signal now in week 2: our technical analysis confirms the bullish structure, though with less room to run before the next resistance.
IQS Phase
76
in tension
Signal Strength
70
high · wide & volatile
Sizing
FULL
Ranking
#45 / 167
US stocks in progress
Trade P&L %
+4.61%
from signal to date, no stop loss
Rank position
ranks 45th among the 167 Longs already running for US stocks in our ranking, with a signal strength of 70 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly -3.53% · monthly +1.69%
PLTR belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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