Planet Labs MACD Death Cross signals bearish reversal, Bearish Marubozu seen.

Monday, Sep 22, 2025 3:18 pm ET1min read

Based on the technical analysis of Planet Labs' 15-minute chart, a MACD Death Cross and Bearish Marubozu pattern was observed on September 22, 2025 at 15:15. This suggests that the stock price has the potential to continue trending downward, with sellers currently dominating the market. Furthermore, the bearish momentum is likely to persist, indicating that investors should be cautious and consider their positions accordingly.

Shares of Planet Labs (NYSE:PL) have shown significant volatility and upward momentum recently. On September 22, 2025, at 15:15, the 15-minute chart of Planet Labs' stock displayed a MACD Death Cross and a Bearish Marubozu pattern Planet Labs (PL) Stock Trades Up, Here Is Why[1]. These technical indicators suggest that the stock price may continue to trend downward, with sellers currently dominating the market. This bearish momentum indicates that investors should be cautious and consider their positions accordingly.

The recent financial performance of Planet Labs has been strong, with analysts raising their price targets. Needham boosted its target to $12.00 from $8.00, while Craig-Hallum lifted its target to $11.00 from $7.00 Planet Labs (PL) Stock Trades Up, Here Is Why[1]. Despite these positive reviews, the technical analysis suggests a potential downward trend. Investors who bought $1,000 worth of Planet Labs' shares at the IPO in April 2021 would now be looking at an investment worth $1,052 Planet Labs (PL) Stock Trades Up, Here Is Why[1].

The market's perception of Planet Labs' business remains largely unchanged despite today's move. The stock has been highly volatile, with 59 moves greater than 5% over the last year Planet Labs (PL) Stock Trades Up, Here Is Why[1]. This volatility indicates that the market considers the company's performance meaningful but not fundamentally transformative.

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