As of May 22, 2026, PLTR (Palantir Technologies Inc.) is in a downtrend state on the daily chart, with a confidence level of 66%. Key support is at $130 and key resistance at $142. Price at $136.84 is below EMA50 ($141.64) and EMA100 ($147.69); recent candles show a weak bounce from the $130s but trend remains LH/LL into a tight range.
Base-building inside $130-$142; attempt to reclaim EMA50/SMA50, then a fade at the $148 area if momentum is insufficient (Elliott: likely corrective bounce within a larger Wave 4/downtrend leg).
Support failure: lose $130 and slide toward the next demand pocket near prior reaction lows; sellers keep control (Elliott: continuation of a larger Wave C / Wave 5 down from the peak).
Daily close below $130.00 (break of the recent swing-low zone) would confirm downtrend continuation
2+ daily closes back above $148.50 (reclaim EMA100/SMA100 area) would invalidate the current downtrend bias
Layer bids at swing-low support ($130), then next breakdown/volume support (~$124), then deeper mean-reversion zone toward the $115 area while trend is still below EMA50/EMA100.
Trim into major MA/structure resistance (SMA200 ~$163) and prior distribution highs ($185-$200); fully exit if price becomes stretched above prior peak zone ($210+), where reversal risk rises.
As of May 22, 2026, PLTR (Palantir Technologies Inc.) is in a downtrend state on the daily chart with 66% confidence. Price at $136.84 is below EMA50 ($141.64) and EMA100 ($147.69); recent candles show a weak bounce from the $130s but trend remains LH/LL into a tight range.
On the daily timeframe, PLTR has key support at $130 and key resistance at $142. The most likely scenario (bullish) targets $142 and $148, with a revert level at $136.
PLTR (Palantir Technologies Inc.) is currently classified as downtrend on the daily chart, with 66% confidence. Confirmation requires: Daily close below $130.00 (break of the recent swing-low zone) would confirm downtrend continuation This would be invalidated by: 2+ daily closes back above $148.50 (reclaim EMA100/SMA100 area) would invalidate the current downtrend bias
The most likely scenario (bullish) targets $142 and $148, with a revert level at $136. The alternative scenario (bearish) targets $124 and $115.
Multi-layer AI agents analyse 200+ stocks across daily, weekly, and monthly timeframes — producing market state classifications, price scenarios with targets, and position entry/exit levels. Daily charts updated every trading day at 6 PM ET. Weekly charts refresh Fridays. Monthly charts refresh on the last trading day of each month. No paywall. No sign-up required.
Built by Foliotrail.
All content on this website — including charts, analysis, price targets, support/resistance levels, and position zones — is generated entirely by AI and provided for educational and informational purposes only.
This is not financial advice. NEXUSNOIR VENTURES SL (the operator of this website) is not a registered investment adviser or broker-dealer. You should not make investment decisions based solely on this information. Always do your own research and consult a qualified financial advisor.
By continuing, you acknowledge that you have read and agree to our full disclaimer & terms of use and privacy policy.
