Predict the stock price of PLTR tomorrow?
2/20/2025 05:15am
The stock price of Palantir (PLTR) is predicted to face a challenging day tomorrow, February 20, 2025, with an anticipated decline. Here's a detailed analysis:
1. **Forecast for Tomorrow**: The forecast for PLTR's stock price tomorrow is $71.30, which represents a significant drop from the current price of $112.12. This suggests that the stock may experience a substantial decline in value.
2. **Short-Term Analysis**: The stock's recent performance has been volatile, with a 10.27% decrease on February 19, 2025. The negative momentum is expected to continue, with a predicted low of $66.11 and a potential range of $64.88 to $71.30.
|Ticker|Name|Date|Trading Volume|code|market_code|
|---|---|---|---|---|---|
|PLTR.O|Palantir|20250219|132404131|PLTR|185|
|Ticker|Name|Date|Support Level|Resistance Level|code|market_code|
|---|---|---|---|---|---|---|
|PLTR.O|Palantir|20250219|108.5600|125.4100|PLTR|185|
|Ticker|Name|Date|Closing Price|Trading Volume|code|market_code|
|---|---|---|---|---|---|---|
|PLTR.O|Palantir|20250219|112.06|132404131|PLTR|185|
|Ticker|Name|Date|Moving Average|code|market_code|
|---|---|---|---|---|---|
|PLTR.O|Palantir|20250219|118.2280|PLTR|185|
|Ticker|Name|Date|Boll|RSI|KDJ|MACD|code|market_code|
|---|---|---|---|---|---|---|---|---|
|PLTR.O|Palantir|20250219|98.2720|52.4051|60.3859|3.1688|PLTR|185|
3. **Market Sentiment**: The fear and greed index is at 39 (fear), indicating that the sentiment is currently leaning towards fear. This could suggest that investors are cautious or pessimistic about the stock's short-term prospects.
4. **Technical Indicators**: The stock is currently trading below its 5-day, 10-day, and 20-day moving averages, which are $118.23, $114.39, and $98.27, respectively. This typically indicates a bearish trend in the short term.
5. **Support and Resistance Levels**: The stock is currently trading near its support level of $118.43 and its resistance level is $125. The proximity to the support level could suggest a bounce, but the resistance level may pose a challenge for the stock to overcome.
In conclusion, the forecast for PLTR's stock price tomorrow is not favorable, with a predicted decline to $71.30. The stock's recent performance and current technical indicators suggest that investors should exercise caution, and the fear and greed index indicates a fearful sentiment among investors.