Pdyn stock price forecast recent sector rotation towards green

Recent sector rotation towards green energy assets supports the pdyn stock price forecast, with momentum traders eyeing $15 levels as inflows into ETFs increase exposure to such holdings. As you can see, institutional investors have a fair amount of stake in Palladyne AI. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Palladyne AI's historic earnings and revenue below, but keep in mind there's always more to the story. READ NEXT: 20 Best AI Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap . Technical analysis of the pdyn stock price forecast shows resistance at $15.00 and support near $13.