Palantir stock upgraded to Buy Candidate

StockInvest.us, 5 months ago

Palantir

The Palantir stock price gained 3.26% on the last trading day (Tuesday, 6th Jan 2026), rising from $174.04 to $179.71. During the last trading day the stock fluctuated 3.10% from a day low at $174.77 to a day high of $180.19. The price has been going up and down for this period, and there has been a -7.07% loss for the last 2 weeks. Volume fell on the last day by -3 million shares and in total, 35 million shares were bought and sold for approximately $6.24 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

On Dec 15, 2025, it was reported that Bank of America Securities 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 $152.44 and $203.82 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.

Palantir

The Palantir stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $179.01 and $177.37. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, January 02, 2026, and so far it has risen 7.06%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 $177.93 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $5.42 between high and low, or 3.10%. For the last week, the stock has had daily average volatility of 3.82%.

Several short-term signals 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 period.We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Buy candidate.

Check full Palantir forecast and analysis here.
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