Planet Labs PBC Stock Faces Bearish Charts Despite Record $116M Revenue Beat

Planet Labs PBC stock enters this week at a genuine crossroads. The technical structure remains firmly bearish, but a blowout earnings report just shifted the fundamental backdrop. That tension defines this analysis.

Key takeaways

• Planet Labs PBC stock closed at $18.35 on September 3, well below its 20-day, 50-day, and 200-day EMAs.
• The daily RSI14 sits at 29.35, nearing oversold territory, while MACD remains firmly negative at -1.32.
• Q2 FY2027 revenue reached a record $116 million, with FY2027 guidance raised to $430 million–$441 million.
• The daily pivot at $18.76 and S1 support at $17.42 define the immediate battle zone for bulls and bears.
• Elevated ATR14 at $1.11 signals continued wide-range volatility in the sessions ahead.

Daily Trend: Structure Still Favors Sellers

The daily trend structure unequivocally favors sellers, with price buried beneath every major moving average.

PL closed at $18.35 after opening at $19.86 and touching a low of $17.84. Volume exceeded 31 million shares. That heavy, wide-range session confirms the daily regime reading of “bearish.”

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