Palantir (PLTR) rockets 54% above 200-day SMA; Is the bull run sustainable?
PLTRPalantir Technologies(PLTR) Finbold·2024-09-18 22:18

After Palantir Technologies (NYSE: PLTR) stock joined the exclusive society of the S&P 500 index, things seem to be going great for the shares of the big data analytics software company, which have just hit their new all-time high (ATH) price of $36.45, breaking its 2021 record.Specifically, Palantir stock is currently trading more than 54% above its 100-day simple moving average (SMA), “the farthest it’s been since February,” according to the observations shared by the stock market analytics platform Trend ...