The Palantir stock price fell by -0.258% on the last day (Tuesday, 25th Mar 2025) from $96.75 to $96.50. During the last trading day the stock fluctuated 3.25% from a day low at $95.08 to a day high of $98.17. The price has risen in 7 of the last 10 days and is up by 23.64% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -34 million shares and in total, 78 million shares were bought and sold for approximately $7.48 billion.
On Mar 05, 2025, it was reported that William Blair gave PLTR a "Market Perform" grade with a "upgrade" action.
The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 16.63% during the next 3 months and, with a 90% probability hold a price between $93.19 and $154.68 at the end of this 3-month period.
The Palantir stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $89.85 and $95.69. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, February 18, 2025, and so far it has fallen -22.56%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
On the downside, the stock finds support just below today's level from accumulated volume at $90.68 and $78.98.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Palantir finds support just below today's level at $90.68. If this is broken, then the next support from accumulated volume will be at $78.98 and $76.38.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.09 between high and low, or 3.25%. For the last week, the stock has had daily average volatility of 5.66%.
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Palantir stock to perform well in the short-term.
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