Technical Outlook of Palantir Technologies Inc.

Palantir Technologies Inc. builds software platforms for institutions. The Company operates two segments: commercial, which serves customers working in non-government industries, and government, which serves customers that are agencies in the United States federal government and non-United States governments. It has built two software platforms, Palantir Gotham (Gotham) and Palantir Foundry (Foundry). Gotham is a software platform, which is constructed for analysts at defence and intelligence agencies. Gotham enables users to identify patterns hidden within datasets, ranging from signals intelligence sources to reports from informants and helps the United States and allied military personnel. Foundry creates a central operating system for an organization’s data. Individual users can integrate and analyze the data. 

Regarding its momentum, a bullish trend prevails.  For a daily trading method, the moving averages and technical indicators show a strong buy signal. From a monthly trading standpoint, all the indicators show a buy signal. Considering our technical analysis, our research team suggests a potential buy signal. 

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