PLTR Weekly Technical Analysis
Palantir Technologies Inc
Builds data analytics and AI software for governments and enterprises.
PLTR Technical Analysis Summary
PLTR is undergoing a significant correction, having dropped over 13% this week to test the critical 50-week SMA support at approximately 146.74. The short-term technical picture is bearish due to the breakdown below the 20-week SMA and the lower Bollinger Band, confirmed by a bearish MACD crossover and falling RSI. Long-term investors should watch closely to see if the 50-week SMA holds; a decisive break below this level could signal a deeper retracement toward the 120-125 zone.
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PLTR Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has broken below the 20-week SMA and the lower Bollinger Band with a large red candle. RSI has dropped sharply below 50, and MACD shows a bearish crossover with expanding negative momentum.
Long-term Sentiment (weeks to months): Neutral
While the 50-week and 200-week SMAs are still sloping upward, the severity of the current pullback (testing the 50-week SMA) threatens the parabolic structure. A failure to hold the 50 SMA would shift the long-term trend to bearish.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-01-31T23:31:11.610Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $146.50 | $146.00 - $147.00 | Strong | Critical confluence of the current price and the 50-week SMA (146.74). |
| $122.50 | $120.00 - $125.00 | Weak | Visual support zone from the consolidation/pause during the mid-2025 ascent. |
| $100.00 | $95.00 - $105.00 | Strong | Psychological level and prior breakout acceleration zone. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $152.50 | $152.00 - $153.00 | Weak | Lower Bollinger Band level which may now act as near-term resistance. |
| $176.00 | $175.00 - $177.00 | Strong | Previous support turned resistance; aligns with the 20-week SMA (176.34). |
| $197.50 | $195.00 - $200.00 | Strong | Recent all-time high area and psychological round number. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Bearish MACD Divergence | Bearish | N/A | Price made higher highs into the 200 level while MACD momentum (histogram) decreased, signaling exhaustion before the drop. |
| Strong | Parabolic Breakdown | Bearish | $125.00 | The vertical ascent phase has ended with a sharp reversal, breaking key short-term moving averages. |
Frequently Asked Questions about PLTR
What is the current sentiment for PLTR?
The short-term sentiment for PLTR is currently Bearish because Price has broken below the 20-week SMA and the lower Bollinger Band with a large red candle. RSI has dropped sharply below 50, and MACD shows a bearish crossover with expanding negative momentum.. 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 $122.50. 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 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.