- Summary:
- Palantir stock jumps after NATO adopts its AI system. Will the momentum drive PLTR beyond $100 or stall at resistance?
Palantir Technologies Inc. (NASDAQ: PLTR) lit up the charts this week, jumping over 8% in a single session after NATO confirmed it has adopted the company’s AI-driven Maven Smart System for military modernization. The deal marks a watershed moment in Palantir’s defense tech journey—and Wall Street took notice.
Technically, the stock broke through the $92.51 resistance zone with conviction, briefly testing the $98.78 ceiling. If momentum continues, the bulls may eye the psychological $100 level next, followed by a retest of the $111.74 zone last seen in February.
The RSI has climbed to 55.32, reflecting bullish sentiment without entering overbought territory. Meanwhile, MACD has crossed into positive territory, confirming upward momentum. These indicators suggest that buying pressure still has room to grow.
Beneath the headlines, the NATO contract is more than a PR win—it’s a validation of Palantir’s growing role in global security infrastructure. As geopolitical tensions rise, PLTR’s AI command-and-control platforms are gaining strategic importance.
Support now rests at $84.55 and $75.27, levels that previously cushioned selloffs. As long as the stock stays above these, bulls remain in control.
With fresh fundamentals and technical tailwinds, PLTR could be gearing up for a breakout quarter—and the defense-tech spotlight may just be warming up.