Palantir stock tests key level as Pentagon momentum builds
By Tyler Bundy
Published on March 24, 2026.
Palantir Technologies (PLTR) is under increased pressure as the Pentagon announces plans to make Palantir’s Maven digital battle-management system a formal program of record by the end of the current fiscal year. This move would further strengthen the company's position in core defense systems. However, shares are currently trading near both the 20-day and 200-day exponential moving averages (EMA), trend lines commonly used by technical analysts as support levels. Despite these improvements, shares remain below a resistance zone and more support is lower.
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