Stronger technical forecast for Palantir stock price after Monday trading

The Palantir stock price gained 4.96% on the last trading day (Monday, 14th Jul 2025), rising from $142.10 to $149.15. During the last trading day the stock fluctuated 5.17% from a day low at $142.22 to a day high of $149.57. The price has risen in 7 of the last 10 days and is up by 14.08% 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, 30 million more shares were traded than the day before. In total, 81 million shares were bought and sold for approximately $12.14 billion.

On Jul 10, 2025, it was reported that Wedbush gave PLTR a "Outperform" grade with a "hold" action.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 36.43% during the next 3 months and, with a 90% probability hold a price between $185.97 and $215.62 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. 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 $141.38 and $134.58. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, July 01, 2025, and so far it has risen 14.13%. 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).

On the downside, the stock finds support just below today's level from accumulated volume at $131.78 and $130.74.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 $131.78. If this is broken, then the next support from accumulated volume will be at $130.74 and $128.10.

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 $7.35 between high and low, or 5.17%. For the last week, the stock has had daily average volatility of 3.72%.

Palantir holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.