$PLTR NYSE:PLTR
The Palantir stock experienced a decline of -2.03% on the last trading day, Friday, July 14, 2023, with the price dropping from $16.74 to $16.40. Throughout the day, the stock exhibited a fluctuation of 4.49%, reaching a low of $16.27 and a high of $17.00. Over the past 10 days, the stock has seen a rise in 8 of them, and it has recorded a gain of 7.89% over the past 2 weeks. Notably, the volume decreased alongside the stock, which is generally considered a positive sign as volume should follow the stock's movement. Specifically, on the last day, the trading volume witnessed a decrease of -14 million shares. In total, approximately 44 million shares were bought and sold, with a total value of approximately $718.44 million.
Currently, the stock is positioned within the middle of a wide and robust upward trend in the short term, indicating the potential for further growth within this trend. Based on the current short-term trajectory, the stock is projected to experience a remarkable rise of 128.73% over the next three months. Additionally, there is a 90% probability that the stock will hold a price range between $35.18 and $42.04 at the end of this three-month period.
