Volatile ride for Palantir stock price on Monday moving between $66.12 and $81.80

The Palantir stock price gained 5.17% on the last trading day (Monday, 7th Apr 2025), rising from $74.01 to $77.84. During the last trading day the stock fluctuated 23.71% from a day low at $66.12 to a day high of $81.80. The price has fallen in 7 of the last 10 days and is down by -19.55% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 21 million more shares were traded than the day before. In total, 167 million shares were bought and sold for approximately $12.98 billion.

On Apr 04, 2025, it was reported that Loop Capital Markets gave PLTR a "Buy" grade with a "hold" action.

The stock lies in the lower part of a very wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $71.82 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 5.82% during the next 3 months and, with a 90% probability hold a price between $76.00 and $136.12 at the end of this 3-month period.

Furthermore, there is a buy 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Palantir stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $82.55 and $88.52. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, February 18, 2025, and so far it has fallen -37.54%. Further fall is indicated until a new bottom pivot has been found.

Palantir finds support from accumulated volume at $76.38 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 $15.68 between high and low, or 23.71%. For the last week, the stock has had daily average volatility of 10.74%.

The Palantir stock holds several negative signals and despite the positive trend, we believe Palantir will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.