Planet Labs PBC (PL)

Planet Labs PBC is trading at $19.99, up 3.79% on the session. The 50 day average sits at $24.06 and the 200 day at $26.87, which puts the stock in a downtrend. RSI is at 29.4, which reads as oversold, and MACD is bearish crossover. Volume is above average.

The nearest support is around $19.16 with resistance near $25.53, so that band frames the current range. Average daily movement is roughly $1.28, or about 6.4% of the share price, which is what any stop placement has to allow for. The overall health score of 25 out of 100 combines a trend score of 0, momentum of 32 and a risk score of 56.

Planet Labs PBC engages in the design, construction, and launch of constellations of satellites with the intent of providing high-cadence geospatial data delivered to customers through an online platform in the United States and internationally. The company offers SuperDove satellites to create an always-online scanner for the planet, with the goal of imaging the Earth every day at a ground sampling distance (GSD) resolution of up to 3.5 meters. This combines planet monitoring with other scientific-grade radiometric data from public satellite data programs; and SkySat and Pelican satellites to capture a specified location several times per day, achieving a GSD resolution of up to 50 centimeters after processing, powered by an application programming interface. It also provides Tanager, a hyperspectral imaging satellite that delivers full-spectrum imagery across the visible and shortwave infrared regions, and the Earth Observation platform, which enables customers and partners to access, analyze, and act on its proprietary data catalog by discovering image tasking capacity, relevant data layers, extracting useful information, and delivering insights through custom-built solutions or GIS workflows via APIs and browser-based applications. In addition, the company's satellite services arrangements include designing and manufacturing customer-owned satellites, mission systems engineering, launch procurement, ground station infrastructure, satellite operations, and maintenance, as well as dedicated image tasking capacity on company-owned or customer-owned satellites. It serves agriculture, mapping, energy, forestry, finance, and insurance companies, as well as government agencies. Planet Labs PBC was founded in 2010 and is headquartered in San Francisco, California.