Strong day for Palantir stock price on Wednesday rising 7.77% to $125.73

The Palantir stock price gained 7.77% on the last trading day (Wednesday, 1st Jul 2026), rising from $116.67 to $125.73. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 7.46% from a day low at $119.35 to a day high of $128.25. The price has fallen in 6 of the last 10 days and is down by -5.64% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 22 million more shares were traded than the day before. In total, 57 million shares were bought and sold for approximately $7.20 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 -12.09% during the next 3 months and, with a 90% probability hold a price between $93.09 and $134.85 at the end of this 3-month period.

A buy signal was issued from a pivot bottom point on Thursday, June 25, 2026, and so far it has risen 17.21%. 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. 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 $132.28. On a fall, the stock will find some support from the short-term average at $115.50. 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. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Palantir finds support from accumulated volume at $119.50 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 $8.90 between high and low, or 7.46%. For the last week, the stock has had daily average volatility of 5.10%.

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.We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold candidate.