Weaker technical forecast for Palantir as stock downgraded to Hold/Accumulate

The Palantir stock price gained 1.17% on the last trading day (Monday, 16th Mar 2026), rising from $150.95 to $152.72. During the last trading day the stock fluctuated 1.78% from a day low at $151.18 to a day high of $153.86. The price has risen in 6 of the last 10 days and is up by 5.23% over the past 2 weeks. Volume fell on the last day by -9 million shares and in total, 33 million shares were bought and sold for approximately $5.01 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 Feb 10, 2026, it was reported that Daiwa gave PLTR a "Buy" grade with a "upgrade" action.

Given the current short-term trend, the stock is expected to fall -26.02% during the next 3 months and, with a 90% probability hold a price between $85.89 and $112.98 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

The Palantir stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $153.36. On a fall, the stock will find some support from the long-term average at approximately $144.45. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Tuesday, February 24, 2026, and so far it has risen 18.53%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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.

On the downside, the stock finds support just below today's level from accumulated volume at $139.54 and $130.01.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 $139.54. If this is broken, then the next support from accumulated volume will be at $130.01 and $129.13.

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 $2.69 between high and low, or 1.78%. For the last week, the stock has had daily average volatility of 3.19%.

The Palantir stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stock may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs.

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.Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold candidate.