Palantir(PLTR)

Palantir (PLTR) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for PLTR · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$124.57last close · Jul 22, 202652-week range $106.37 – $207.52 · 39.97% below the high

PLTR Bullish Pennant Pattern

PLTR is currently forming a bullish pennant on the daily timeframe. Detected Jul 22, 2026.

A bullish pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $182.11 (+32.4%). Across 3,749 backtested bullish pennants, the setup followed through 57.3% of the time, averaging +0.82R; PLTR's own bullish pennants have hit 0.0%.

DirectionBullishTarget$182.11Projected move+32.4%Breakout level$142.39

New to this pattern? What a bullish pennant is and how to trade it →

PLTR's Most Recent Bullish Pennant Trade

PLTR's most recent completed bullish pennant resolved as a loss: it broke higher on May 28, 2026 near $143.54, then was stopped out at $130.21 on Jun 10, 2026 — a 9.3% move (-1.12R) over 9 sessions. Across 13 backtested bullish pennants, this setup wins 38.5% of the time.

OutcomeLossResult-9.3%R-1.12REntry$143.54Exit$130.21

Learn about bullish pennant

How Bullish Pennants Have Performed

Win rate
57.3%
Avg return
+0.82R
Backtested trades
3,749
PLTR win rate
0.0%

Historical pattern statistics (1987-02-04 – 2026-06-30), not a prediction.

How these backtests work →

PLTR Pattern Trade History

Every completed pattern trade our nightly backtest found on PLTR's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Bullish PennantMay 28, 2026 @ $143.54Jun 10, 2026 @ $130.21Loss+32.4% · -1.12R
Bullish PennantOct 27, 2025 @ $188.97Nov 18, 2025 @ $167.33Loss+33.5% · -1.11R
Rising WedgeAug 5, 2025 @ $171.81Aug 15, 2025 @ $177.17Win+14.3% · +0.26R
Rising WedgeJul 17, 2025 @ $153.19Aug 15, 2025 @ $177.17Win+21.3% · +0.97R
Falling WedgeApr 15, 2024 @ $22.03Jun 18, 2024 @ $25.82Loss+16.1% · -1.10R
Rising WedgeMar 14, 2024 @ $24.36Apr 16, 2024 @ $21.54Win+14.2% · +0.90R
Rising WedgeApr 24, 2023 @ $8.10May 9, 2023 @ $9.55Loss+35.0% · -1.54R
Falling WedgeDec 16, 2022 @ $6.95Feb 1, 2023 @ $8.20Loss+24.2% · -1.23R
Rising WedgeAug 8, 2022 @ $9.71Sep 1, 2022 @ $7.65Win+27.9% · +1.08R
TriangleAug 1, 2022 @ $10.60Aug 9, 2022 @ $9.25Loss+27.8% · -1.11R
Rising WedgeJul 12, 2022 @ $9.62Jul 21, 2022 @ $10.49Loss+26.6% · -1.15R
TriangleMay 5, 2021 @ $21.03Jun 2, 2021 @ $24.45Loss+29.5% · -1.06R

Recent Bullish Pennants on Other Charts

FTNThit target +7.3%Jul 16, 2026INTCstopped −21.2%Jul 16, 2026PMstopped −4.3%Jul 14, 2026DALhit target +17.5%Jul 7, 2026

Learn about bullish pennant

PLTR Support and Resistance Levels

Price found a floor near $113.03 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $273.77 — still about 120% away.

  • Traders commonly watch $273.77 as a target (its 685.4% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $113.03 floor about 3 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

PLTR Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$132.22$132.35$123.45$124.57
Jul 21, 2026$133.83$134.68$131.23$132.66
Jul 20, 2026$131.88$136.62$131.82$134.85
Jul 17, 2026$131.79$134.77$129.05$132.38
Jul 16, 2026$133.08$136.21$128.68$134.44
Jul 15, 2026$134.34$136.88$132.88$133.76
Jul 14, 2026$123.61$135.79$122.64$133.72
Jul 13, 2026$127.30$130.72$126.20$130.04
Jul 10, 2026$132.14$132.28$125.77$126.79
Jul 9, 2026$127.72$129.19$124.81$129.04

PLTR Frequently Asked Questions

What chart pattern is PLTR forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a bullish pennant on Palantir (PLTR) on the daily chart, with a measured-move target of $182.11.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on PLTR is a bullish pattern, projecting a measured-move target of $182.11. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (3,749 trades over 628 symbols), it resolved in the expected direction 57.3% of the time with an average of +0.82R. These are historical statistics, not a prediction.
What is the price target if PLTR's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $182.11 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PLTR's closing price on Jul 22, 2026?
Palantir (PLTR) last closed at $124.57 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.