{"id":6957,"date":"2025-03-17T18:40:45","date_gmt":"2025-03-17T18:40:45","guid":{"rendered":"https:\/\/stoxpo.com\/?p=6957"},"modified":"2025-03-17T18:40:46","modified_gmt":"2025-03-17T18:40:46","slug":"palantir-stock-wavers-after-rebound-key-levels-to-watch-as-investors-assess-momentum","status":"publish","type":"post","link":"https:\/\/stoxpo.com\/index.php\/2025\/03\/17\/palantir-stock-wavers-after-rebound-key-levels-to-watch-as-investors-assess-momentum\/","title":{"rendered":"Palantir Stock Wavers After Rebound: Key Levels to Watch as Investors Assess Momentum"},"content":{"rendered":"\n<h4 class=\"wp-block-heading\">Shares Trade Sideways After 40% Decline; Technical Support at $85 and Resistance at $100 in Focus<\/h4>\n\n\n\n<p>Palantir Technologies (PLTR) shares dipped slightly on Monday, down 0.7% to $85.60, as the stock struggled to gain momentum following a sharp sell-off and modest recovery. Last week, Palantir snapped a three-week losing streak after falling nearly 40% from its all-time high in mid-February, with the decline driven by broader market volatility and investor concerns over reduced Department of Defense spending.<\/p>\n\n\n\n<p>The recent bounce came after Palantir announced six major new clients and a strategic product partnership with Databricks, an Nvidia-backed AI startup. Despite the turbulence, the stock remains up 14% year-to-date and has surged more than fourfold in 2024, fueled by growing demand for its AI-driven data analytics platforms in both public and private sectors.<\/p>\n\n\n\n<p>Technically, the stock found support after filling an early-February breakaway gap, but has since traded sideways\u2014signaling investor indecision. The Relative Strength Index (RSI) remains below the neutral 50 level, though it climbed to a three-week high on Friday, hinting at potential upside momentum.<\/p>\n\n\n\n<p>Traders are closely watching key support around $85, near Palantir\u2019s 50-day moving average. If this level fails to hold, the stock could retreat to $66, a region of previous support from mid-January. On the upside, resistance looms at the psychological $100 mark, where profit-taking may occur. A further rally could target $125, just below last month\u2019s all-time high, where sellers may re-enter.<\/p>\n\n\n\n<p>As Palantir navigates market headwinds and builds its commercial footprint, technical levels will remain critical for investors gauging the stock\u2019s next move.<\/p>\n\n\n\n<p>You might like this article:<a href=\"https:\/\/stoxpo.com\/index.php\/2025\/03\/17\/tesla-stock-tumbles-amid-china-setbacks-and-sliding-global-demand\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">Tesla Stock Tumbles Amid China Setbacks and Sliding Global Demand<\/mark><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares Trade Sideways After 40% Decline; Technical Support at $85 and Resistance at $100 in Focus Palantir Technologies (PLTR) shares dipped slightly on Monday, down 0.7% to $85.60, as the stock struggled to gain momentum following a sharp sell-off and modest recovery. Last week, Palantir snapped a three-week losing streak after falling nearly 40% from [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2061,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"8","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar-narrow","sidebar":"author","second_sidebar":"single-right","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"0","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_social_meta":{"fb_title":"","fb_description":"","fb_image":"","twitter_title":"","twitter_description":"","twitter_image":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"jnews_post_split":{"enable_post_split":"0","post_split":[{"template":"1","tag":"h2","numbering":"asc","mode":"normal","first":"0","enable_toc":"0","toc_type":"normal"}]}},"categories":[404,361,311],"tags":[421,416,418,434,569,417],"coauthors":[454],"_links":{"self":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/6957"}],"collection":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/comments?post=6957"}],"version-history":[{"count":1,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/6957\/revisions"}],"predecessor-version":[{"id":6958,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/6957\/revisions\/6958"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media\/2061"}],"wp:attachment":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media?parent=6957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/categories?post=6957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/tags?post=6957"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/coauthors?post=6957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}