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PLTR Daily Technical Analysis

Palantir Technologies Inc

Builds data analytics and AI software for governments and enterprises.

Last price: $170.96 Value score: 38.24 Short-term sentiment: Bearish Long-term sentiment: Bullish Last updated: 2026-01-23T15:06:59.900Z

PLTR Technical Analysis Summary

PLTR is currently in a corrective phase within a broader long-term uptrend. While the short-term technicals are bearish—indicated by the price losing the 50-day SMA and negative MACD momentum—the long-term structure remains constructive as long as the price holds above the rising 200-day SMA near 157. Traders should watch for a reaction at the 157–162 support zone to determine if the uptrend will resume or if a deeper breakdown is imminent.

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PLTR Daily Chart

Daily candlestick price chart for PLTR as of 2026-01-23T15:06:59.900Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Daily candlestick price chart for PLTR as of 2026-01-23T15:06:59.900Z, 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

Price is trading below both the 20-day and 50-day SMAs. The MACD is negative and diverging downwards below the signal line. RSI is below 40, indicating weak momentum.

Long-term Sentiment (weeks to months): Bullish

The price remains above the rising 200-day SMA (157.16), suggesting the primary long-term uptrend is still intact despite the current deep correction.

Report Metadata

Support Price Levels

Level Range Strength Notes
$162.00 $161.50 - $162.50 Strong Aligns with the lower Bollinger Band (161.99) and recent swing lows.
$157.00 $156.50 - $157.50 Strong The 200-day Simple Moving Average sits at 157.16, acting as critical dynamic support for the long-term trend.
$147.50 $145.00 - $150.00 Weak Previous consolidation zone and breakout level from mid-2024.

Resistance Price Levels

Level Range Strength Notes
$176.50 $176.00 - $177.00 Strong Convergence of the 20-day SMA (176.76) and 50-day SMA (176.86), creating a significant overhead barrier.
$191.50 $191.00 - $192.00 Strong Recent swing highs and upper Bollinger Band level (191.53).

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Bearish Moving Average Crossover Bearish N/A The 20-day SMA (176.76) has crossed slightly below the 50-day SMA (176.86), signaling increasing short-term bearish pressure.
Weak Corrective Channel Bearish $157.16 Price is forming a sequence of lower highs and lower lows since the peak in late 2025, characteristic of a corrective pullback.

Frequently Asked Questions about PLTR

What is the current sentiment for PLTR?

The short-term sentiment for PLTR is currently Bearish because Price is trading below both the 20-day and 50-day SMAs. The MACD is negative and diverging downwards below the signal line. RSI is below 40, indicating weak momentum.. 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 $162.00 and $157.00. 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 38/100. 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.