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The Palantir stock price gained 4.60% on the last trading day (Monday, 14th Apr 2025), rising from $88.55 to $92.62. During the last trading day the stock fluctuated 6.41% from a day low at $91.47 to a day high of $97.33. The price has been going up and down for this period, and there has been a 9.74% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 28 million more shares were traded than the day before. In total, 122 million shares were bought and sold for approximately $11.34 billion.
On Apr 04, 2025, it was reported that Loop Capital Markets gave PLTR a "Buy" grade with a "hold" action.
The stock is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Palantir stock with a 90% probability to be traded between $65.21 and $121.51 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stock seldom manage to go directly from the bottom of a trend up to the top. Stock turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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 $84.42 and $85.78. A breakdown below any of these levels will issue sell signals. 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. A sell signal was issued from a pivot top point on Tuesday, February 18, 2025, and so far it has fallen -25.68%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Palantir finds support from accumulated volume at $92.01 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 $5.86 between high and low, or 6.41%. For the last week, the stock has had daily average volatility of 10.86%.
Palantir holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Check full Palantir forecast and analysis here.