Palantir Technologies Inc.(PLTR) - Stock detail

Palantir Technologies Inc.

US
PLTR
Palantir Technologies Inc.(Listing date: 11/26/2024)

Palantir Technologies Inc. was incorporated in Delaware on May 6, 2003. The company builds and deploys the Palantir Gotham and Palantir Foundry software platforms as the central operating systems for its customers. The company began developing software for U.S. intelligence agencies to assist in counterterrorism investigations and operations. It later started collaborating with commercial enterprises.

AI Technical AnalystSell
Rating2/10
Generated at:2026-06-11 17:40:53
Analysis based on US Stock Market (NYSE) data for Palantir Technologies Inc. (PLTR), covering period from 2026-03-18 to 2026-06-11 (86 calendar days, 60 trading days), with chip distribution analysis being a statistical estimate based on historical OHLC and turnover behavior.
Insight

Technical analysis for PLTR shows a decisively bearish picture with price below all key moving averages, negative MACD, and oversold momentum oscillators, indicating continued bearish pressure.

Resistance
163.70
Support
122.68
Support and resistance are estimated from the latest 60 sessions.
Strategy
  • Short-term:Avoid new long positions, consider reducing exposure or implementing hedging strategies; only consider long entry after confirmed reversal pattern above key resistance (e.g., break and hold above MA_20 near $139).
  • Mid-term:Maintain defensive posture; review investment thesis and risk tolerance; averaging down is high-risk in this downtrend and should only be considered with very long time horizon and strict position sizing.
  • Long-term:For long-term investors, this represents a period of heightened volatility and drawdown; hold with extreme caution and only average down with strict risk management and long time horizon.

Moving averages

MA 5
133.07
MA 20
139.03
MA 60
141.74
Price
131.08
AI Analysis
  • Moving average structure shows short-term bearish alignment
  • 5-day SMA ($133.07) is below 10-day ($141.86), 20-day ($139.03), and 60-day ($141.74) averages
  • Exponential Moving Averages show similar story: EMA_5 ($133.79) < EMA_10 ($136.87) < EMA_20 ($138.57)
  • Current close price of $131.08 is trading significantly below all key moving averages
  • Configuration where shorter-term averages are below longer-term ones is characteristic of a downtrend
  • This confirms strong bearish pressure in the near term

Volume

Volume
27.34M
20D Avg
38.22M
Institution
-
Participation
-
AI Analysis
  • Volume has been elevated during key down moves, which is bearish confirmation
  • Sharp decline on 2026-04-09 occurred on extremely high volume of 91.89 million shares
  • Rally attempt on 2026-05-29 saw volume spike to 91.92 million shares
  • High-volume reversal followed the rally attempt, suggesting distribution (selling into strength)
  • Recent volume remains active, indicating continued interest and participation in the downtrend

MACD

MACD
-1.57
Signal
-0.13
Hist
-1.43
Trend
-
AI Analysis
  • MACD indicator is deeply negative
  • MACD line is at -1.5657 and below its signal line (MACDS: -0.1317)
  • Resulting negative histogram (MACDH: -1.4340)
  • Negative MACD below its signal line is a classic bearish signal
  • This indicates that downward momentum is currently dominant

Bollinger bands

Upper
155.78
Middle
139.03
Lower
122.28
Width
24.10%
AI Analysis
  • Stock price ($131.08) is trading below the middle band (20-day SMA: $139.03)
  • Price is much closer to the lower band ($122.28)
  • Distance between upper ($155.78) and lower ($122.28) bands indicates moderate volatility
  • Trading near the lower band can sometimes signal an oversold condition
  • Price can remain 'hugging' the lower band in a strong downtrend

RSI

RSI(14)
41.79
RSI(6)
33.02
Overbought
70+
Oversold
30-
AI Analysis
  • RSI_6 (6-period) is at 33.02, flirting with the oversold threshold of 30
  • This suggests recent selling pressure has been intense
  • Standard 14-period RSI is at 41.79
  • RSI at 41.79 is in bearish territory (below 50) but not yet oversold
  • This indicates there may be room for further downside before a potential rebound

KDJ

K
16.32
D
27.33
J
-5.69
Trend
-
AI Analysis
  • KDJ readings are extremely bearish
  • K value (16.32) and D value (27.33) are both well below 50
  • J value is deeply negative at -5.69
  • This indicates strong selling momentum
  • Suggests the stock is in an oversold state
  • Such conditions can persist during extended downtrends

Chip distribution

How chip distribution helps you?
Chip distribution summary
  • Estimated chip distribution shows the average holder cost at $136.91 with current price below this level, creating potential overhead supply on rallies.
  • Chip distribution data is a statistical estimate based on historical OHLC and turnover behavior, not official exchange holding data
  • As of 2026-06-11, estimated average cost for holders is $136.91
  • Current price of $131.08 is below this average cost
  • Profit ratio is only 14.17%
  • Significant portion of recent buyers are sitting on unrealized losses
  • This can create 'overhead supply' (sellers looking to break even) on any rally attempt
  • 70% cost concentration range is narrow at 7.80% (between $131.22 and $153.43)
  • 90% range is 10.26% ($129.51 to $159.12)
  • Current price is at very bottom edge of 70% range and just above bottom of 90% range
  • High concentration near current price suggests a pivotal area; sustained break below $129.51 could trigger stop-losses and increase selling pressure
No chart data

Data is estimated based on turnover rate, high, low, open, and close prices. Profit ratios may vary significantly across different brokerage tools.