PLTR Daily Technical Analysis
Palantir Technologies Inc
Builds data analytics and AI software for governments and enterprises.
PLTR Technical Analysis Summary
PLTR has entered a significant correction phase after forming a Head and Shoulders top pattern. The stock has broken below its 50-day SMA and is currently testing the critical 200-day SMA, a breach of which would signal a major trend reversal. Momentum is bearish with RSI in the lower range and MACD expanding downwards, suggesting selling pressure remains dominant.
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PLTR Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price formed a large red candle (opening high, closing low) and is trading below the 20-day and 50-day SMAs. Momentum indicators like MACD and RSI are in negative territory.
Long-term Sentiment (weeks to months): Neutral
The long-term uptrend is threatened as price tests the critical 200-day SMA support level (~159.49). A sustained break below this moving average would shift the long-term bias to bearish.
Report Metadata
- Timeframe: daily
- Generated at: 2026-02-03T15:06:07.416Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $146.50 | $146.00 - $147.00 | Strong | Coincides with the lower Bollinger Band and recent swing lows. |
| $131.50 | $128.00 - $135.00 | Weak | Previous consolidation zone and support structure from mid-2025. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $159.50 | $159.00 - $160.00 | Strong | The 200-day SMA, previously support, now acts as immediate resistance. |
| $171.00 | $168.00 - $174.00 | Strong | Zone containing the 20-day SMA basis and the 50-day SMA. |
| $189.00 | $188.00 - $190.00 | Weak | Upper Bollinger Band and recent lower high. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Head and Shoulders | Bearish | $130.00 | A reversal pattern with a head peaking around 210-220 and shoulders near 180-190. The neckline around 160-165 appears to have been breached. |
| Strong | Downtrend Channel | Bearish | N/A | Since the peak in late 2025, price has formed a series of lower highs and lower lows. |
Frequently Asked Questions about PLTR
What is the current sentiment for PLTR?
The short-term sentiment for PLTR is currently Bearish because Price formed a large red candle (opening high, closing low) and is trading below the 20-day and 50-day SMAs. Momentum indicators like MACD and RSI are in negative territory.. The long-term trend is classified as Neutral.
What are the key support levels for PLTR?
StockDips.AI has identified key support levels for PLTR at $146.50 and $131.50. These levels may represent potential accumulation zones where buying interest could emerge.
Is PLTR in a significant dip or a Value Dip right now?
PLTR has a Value Score of 23/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.