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PLTR Monthly Technical Analysis

Timeframe: DailyWeeklyMonthly

Palantir Technologies Inc

Builds data analytics and AI software for governments and enterprises.

Last price: $155.96 Value score: 27.23 Short-term sentiment: Bearish Long-term sentiment: Bullish Last updated: 2026-02-02T06:56:25.252Z

PLTR Technical Analysis Summary

PLTR has executed a massive parabolic breakout from a long-term base, establishing a strong secular bull regime confirmed by rising major moving averages and MACD. However, the current month reveals significant selling pressure with a 17% drop from all-time highs, suggesting the stock is entering a consolidation or mean-reversion phase to digest recent gains. While the long-term structure remains constructive, investors should anticipate volatility as price seeks equilibrium near the 20-month SMA.

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PLTR Monthly Chart

Monthly candlestick price chart for PLTR as of 2026-02-02T06:56:25.252Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Monthly candlestick price chart for PLTR as of 2026-02-02T06:56:25.252Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.

Sentiment

Short-term Sentiment (days to weeks): Bearish

The current monthly candle is a large bearish engulfing-style bar showing a ~17% decline from highs, indicating a sharp rejection and immediate profit-taking after a parabolic run.

Long-term Sentiment (weeks to months): Bullish

The stock remains in a powerful secular uptrend, trading well above the rising 20-month (approx. 106) and 50-month (approx. 50) SMAs, with the MACD line holding high above the zero line.

Report Metadata

Support Price Levels

Level Range Strength Notes
$103.35 $100.00 - $106.71 Strong Confluence of the psychological $100 level and the rising 20-month SMA (Bollinger Band basis), which serves as the primary mean-reversion target.
$55.00 $50.00 - $60.00 Strong Major structural support zone containing the 50-month SMA and previous consolidation areas before the vertical ascent.

Resistance Price Levels

Level Range Strength Notes
$184.29 $181.30 - $187.28 Strong The current month's open and the all-time high form a formidable resistance zone.
$219.75 $219.50 - $220.00 Weak The upper Bollinger Band level, serving as a theoretical dynamic resistance ceiling.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Parabolic Breakout Bullish N/A After a multi-year base (2021-2023), price entered a vertical discovery phase. The current pullback suggests the climax of this specific impulse leg.

Frequently Asked Questions about PLTR

What is the current sentiment for PLTR?

The short-term sentiment for PLTR is currently Bearish because The current monthly candle is a large bearish engulfing-style bar showing a ~17% decline from highs, indicating a sharp rejection and immediate profit-taking after a parabolic run.. The long-term trend is classified as Bullish.

What are the key support levels for PLTR?

StockDips.AI has identified key support levels for PLTR at $103.35 and $55.00. 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 27/100. 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.