Strong day for Palantir stock price on Friday rising 8.31% to $86.24

The Palantir stock price gained 8.31% on the last trading day (Friday, 14th Mar 2025), rising from $79.62 to $86.24. During the last trading day the stock fluctuated 6.22% from a day low at $82.16 to a day high of $87.27. The price has risen in 6 of the last 10 days and is up by 1.55% 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, 14 million more shares were traded than the day before. In total, 113 million shares were bought and sold for approximately $9.78 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 lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $77.94 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift.Given the current short-term trend, the stock is expected to rise 21.11% during the next 3 months and, with a 90% probability hold a price between $94.39 and $159.41 at the end of this 3-month period.

There are mixed signals in the stock today. The Palantir stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $93.77. On a fall, the stock will find some support from the short-term average at $81.33. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, February 18, 2025, and so far it has fallen -30.80%. 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). Volume is rising along with the price. This is considered to be a good technical signal.

On the downside, the stock finds support just below today's level from accumulated volume at $80.55 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 $80.55. If this is broken, then the next support from accumulated volume will be at $78.98 and $76.38.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $5.11 between high and low, or 6.22%. For the last week, the stock has had daily average volatility of 7.36%.

Palantir holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.