Palantir Technologies Inc. (PLTR): Descending Channel

TradingView2026/05/05 18:45

By:TradingView

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As of May 5, 2026, Palantir Technologies (PLTR) stock is exhibiting a short term bullish trend within a wider range, with prices recently fluctuating around $144-$149. short term predictions suggest a minor rise of roughly 0.64% with a potential daily target of approximately $148.60.

Technical outlook:
Stock is positioned on a bearish momentum, trending on a partial lower lows and lower highs. price makes a slow retracement below trendline resistance, in respect of the structure.

Key points:
More bearish confirmation, activates sell position down to $135.49-$127.78, as next potential bearish.

Thanks for reading.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Palantir Technologies Inc. (PLTR): Descending Channel

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