Price: $160.38
· 1 day: +3.48% · 5 days: -12.89% · 1 month: -17.38% · YTD: -9.77%
As of 2026-11-06 21:00 UTC.
52-week range: $106.37 – $212.94 (currently at 51% of the range).
PLTR is in a turning up, momentum soft. $163.55 is the level overhead; $153.53 the first support below.
4 of 6 technical checks lean bearish.
| Trend | Turning up · below 50-day & 200-day |
|---|---|
| Momentum | RSI 25.2 · neutral · MACD bearish |
| Trend strength | ADX 27.2 · strong trend |
| Location | -13.7% vs 50-day MA |
| 52-week range | -23% from high · +50% from low |
| Volatility | ATR 9.95 · ~6.2%/day |
| Level | Type | Distance |
|---|---|---|
| $163.55 (resistance) | swing zone | 1.98% |
| $175.0 (resistance) | round | 9.12% |
| $185.88 (resistance) | sma 50 | 15.9% |
| $153.53 (support) | sma 200 | -4.27% |
| $150.0 (support) | round | -6.47% |
| $136.43 (support) | swing zone | -14.93% |
| RSI (14) | 25.2 | MACD | -6.012 |
|---|---|---|---|
| ADX (14) | 27.2 | ATR (14) | 9.95 |
| 50-day average | $185.88 | 200-day average | $153.53 |
Next earnings: 2027-02-01. PLTR earnings date, time and past reactions.
Report of 2026-11-05.
Palantir Technologies (PLTR) fell more than 9% on November 5, extending an eight‑day losing streak and pushing the price to $155.16, well below its 50‑day average and deep into a pullback inside a weekly uptrend. The balance of evidence still leans positive because the pullback appears oversold, the long‑term trend remains intact, and the breakout math still offers a near‑2‑to‑1 reward‑to‑risk if the stock clears the $163.55 swing‑zone on volume. The reading has not changed since the October 21 note; the same bullish stance, medium conviction and price targets still apply.
The immediate catalyst was a series of disappointing earnings and guidance updates from peers that heightened sector weakness, combined with a broader market sell‑off after the midterm elections. Forbes highlighted that fintech names were falling faster than the market, and the Nasdaq slipped about 5%, pulling PLTR down with it. The stock’s 5‑day decline of 21% dwarfs the S&P 500’s 4% drop and the XLK sector’s 12.7% slide, showing that PLTR is under‑performing both the market and its technology peers.
That under‑performance is reflected in the attribution numbers: PLTR’s 5‑day move is 8.3 percentage points worse than XLK and 13.3 points worse than the S&P 500. The RSI of 28 signals oversold conditions, and volume is 35% above its 20‑day average, suggesting that sellers are still active but that buying pressure may be building.
Analysts remain broadly positive. Twenty‑eight analysts rate the stock “buy” with a mean price target of $218, which is 28.8% above the current price. The consensus target range ($80‑$273) is wide, but the mean still implies upside well beyond the first target of $186.4, which sits at the 50‑day SMA. The valuation spread therefore does not contradict the bullish bias.
The debate in the media is split. Seeking Alpha and Yahoo! Finance argue that slowing commercial bookings and rising AI competition make the stock vulnerable, pointing to a 148% year‑over‑year jump in U.S. commercial revenue that may be hard to sustain. Conversely, Yahoo! Finance and TheStreet highlight the record‑breaking Q3 revenue growth (96% YoY) and the first time U.S. commercial revenue topped government revenue, suggesting a new growth engine. The mixed commentary reinforces a medium conviction level.
On the long‑term side the thesis that PLTR is in an uptrend remains intact. The price sits above its 40‑week average, the 200‑day SMA sits at $153.56, and the stock is still 44.6% above its 52‑week low. The weekly trend is still upward, and the pullback has taken the price into oversold territory, which historically precedes a bounce in this pattern.
For the next two to six weeks the balance of evidence leans positive. The assessment calls for a bullish stance with medium conviction because the pullback has reached oversold levels, the stock is lagging the S&P 500 and XLK (‑13.3% and ‑4.0% over 50 days), and historical outcomes after a one‑day drop of more than 5% show a 70.9% chance of a higher move a month later. The math still meets a 3‑to‑1 reward‑to‑risk ratio, with the first target at $186.4 (1.8 R/R) and the second at $209.05 (3.6 R/R). The strongest case against the bullish view is the continued weakness versus the broader market and the sector, as shown by the -8.3% relative under‑performance over five days and the recent director sale at $186.29, which could signal insider caution. Those factors keep conviction at medium rather than high.
The structure holds above the 200‑day SMA at $153.56; a close below that would be the first crack and could signal a deeper correction. The weekly trend would likely end if the price falls below the swing‑zone support at $136.43, a level that would require a weekly close under that zone to invalidate the uptrend.
The breakout level is the swing‑zone resistance at $163.55. A daily close above that price on volume exceeding the 20‑day average would satisfy the breakout criteria. The stop is set at $151.04, derived from the 200‑day SMA minus a quarter of the 14‑day ATR (10.09 × 0.25 ≈ 2.52). The first target at $186.4 aligns with the 50‑day SMA and offers a 1.8‑to‑1 reward‑to‑risk; the second target at $209.05 matches the 52‑week high and provides a 3.6‑to‑1 reward‑to‑risk. Because the breakout math meets a 3‑to‑1 ratio, the trade‑off is acceptable; if volume were weaker the ratio would fall short and the price would need to clear roughly $170 to restore a 3‑to‑1 profile.
A weekly close below the swing‑zone support at $136.43 would break the weekly trend and invalidate the bullish outlook. A non‑price factor that could shift the narrative is a materially lower Q4 revenue guidance from the upcoming February 1 earnings, which would raise doubts about the sustainability of the commercial growth surge.
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