Technical analysis of palantier

Here is the technical analysis of Palantir (PLTR):

1. Closing Price and Percentage Change: On April 17, 2025, Palantir's closing price was $94.43, representing a 1.86% increase from the previous day. The trading volume was 20.47 million shares.

2. Moving Averages: The 5-day moving average was $93.35, the 10-day moving average was $87.66, and the 20-day moving average was $88.45. The stock price was trading above these short-term and medium-term moving averages, indicating a potential bullish trend.

3. Fibonacci Retracement: The 618 Fibonacci retracement level over the past year was $85.27. This could act as a potential resistance level if the price reaches this point.

4. MACD and Oscillators: The MACD (Moving Average Convergence Divergence) was 2.83, which could indicate a bullish momentum. The KDJ (Stochastic Oscillator) was at 96.78, suggesting that the stock might be overbought. The RSI (Relative Strength Index) was at 60.33, which is neither overbought nor oversold and suggests a balanced momentum. The BOLL (Bollinger Bands) value was 88.46, which could indicate the stock price is trading in the upper part of its recent range.

In conclusion, Palantir shows a positive technical picture with a closing price above key moving averages and a bullish MACD. However, the high KDJ value suggests it might be overbought, and the RSI indicates a balanced momentum. The stock's recent price is also nearing its Fibonacci retracement level, which could be a point of interest for investors.