Palantir Enters Technical Bear Market as 'Death Cross' Signals Further Downside

Palantir Technologies (PLTR) has officially entered a technical bear market following a sharp correction of nearly 40% from its 2025 highs. The stock price plummeted to $130, marking its lowest level since July of last year and erasing billions of dollars in market capitalization. This decline follows a peak of $208 reached in November, signaling a significant shift in investor sentiment. Technical analysts have highlighted the formation of a 'death cross' pattern, where the 50-day Weighted Moving Average (WMA) crossed below the 200-day WMA. This bearish signal, combined with the breach of key support levels, suggests that the stock may face sustained downward pressure in the near term. The rapid reversal highlights the volatility currently affecting high-growth tech equities after a massive rally earlier in the year.