Palantir stock price ended at $134.37 on Tuesday, after gaining 1.38%
The Palantir stock price gained 1.38% on the last trading day (Tuesday, 7th Jul 2026), rising from $132.54 to $134.37. It has now gained 7 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 5.66% from a day low at $131.46 to a day high of $138.90. The price has risen in 7 of the last 10 days and is up by 12.44% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 16 million more shares were traded than the day before. In total, 52 million shares were bought and sold for approximately $7.03 billion.
On Jun 16, 2026, it was reported that BNP Paribas gave PLTR a "Underperform" grade with a "initialise" action.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled.Given the current short-term trend, the stock is expected to fall -10.68% during the next 3 months and, with a 90% probability hold a price between $93.93 and $137.03 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 $123.89 and $132.18. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, June 25, 2026, and so far it has risen 25.26%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Palantir finds support from accumulated volume at $132.37 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $7.44 between high and low, or 5.66%. For the last week, the stock has had daily average volatility of 5.21%.
Since the Palantir has been rising for 7 days in a row, the risk over the next couple of days has increased. We don't expect a major reaction as the stock is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Check full Palantir forecast and analysis here.
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