Palantir Technologies Inc. (PLTR), a leader in big data analytics, has continued its impressive ascent since our previous update in November 2024. At that time, shares were trading just above $50 with a staggering YTD gain of nearly 198%. Fast forward to today, PLTR has surged even further and now claims the #1 position in the SIA S&P 500 Index Report. Year-to-date, the stock is up 42.51%, reinforcing its status as one of the market’s strongest performers. With a perfect SMAX score of 10/10, Palantir’s momentum has only accelerated, driven by growing adoption of its Foundry platform and continued execution on its long-term vision. The technical setup also reflects this strength, with resistance now at $124.67, and key support levels at $98.30, as well as deeper support at $89.03, $73.04 and $64.85, suggesting a solid base from which the stock continues to build.
The second chart we’re featuring is a powerful point-and-figure relative strength comparison of PLTR versus the S&P 500 Index (SPX.I), and the results are striking. While the S&P 500 has declined -6.75% year-to-date, Palantir has surged +42.51%, underscoring its strength in a challenging market. Looking back over the past 12 months, the contrast is even more dramatic: the S&P 500 has gained a modest 8.15%, but PLTR has soared an astonishing +399.21%. This level of relative outperformance places Palantir in a league of its own, with clear leadership across multiple timeframes. For advisors and investors aiming to identify next-generation winners and allocate with conviction, this chart is a must-see. Advisors, if you're ready to take your portfolio management to the next level, contact us today to learn how the SIA platform can drive better outcomes for your clients. Call us at 1-877-668-1332 or visit https://www.siacharts.com/request-a-demo/ to schedule a personalized consultation.
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