PALO ALTO NETWORKS INC (PANW)

US6974351057 - Common Stock

401.33  +8.44 (+2.15%)

Technical Rating and Analysis

10

Taking everything into account, PANW scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PANW has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PANW is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by PANW over the past year are nicely spread over this period.
PANW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PANW is lagging the market slightly.
PANW has an average volume of 2239270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PANW is an average performer in the Software industry, it outperforms 69% of 279 stocks in the same industry.
In the last month PANW has a been trading in the 356.00 - 408.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PANW Weekly chart
PANW Daily chart
Setup Rating and Analysis

3

Although PANW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

284.47

405.34

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 358.18 to 365.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 335.74 to 337.12. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @320.40 from a trend line in the daily time frame.
  • Support @287.34 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.85
Mansfield0.84
10 Day High408.53
10 Day Low376.22
20 Day High408.53
20 Day Low356
52 Week High408.53
52 Week Low260.09
Performance
1 Week-2.35%
2 Weeks2%
1 Month9.69%
3 Month12.01%
6 Month22.17%
12 Month47.66%
2 Year131.25%
3 Year115.5%
5 Year418.74%
10 Year858.27%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)62.47
LBB360.36
UBB411.25
PANW Daily chart

PALO ALTO NETWORKS INC

NASDAQ:PANW (11/21/2024, 9:43:10 AM)

401.33

+8.44 (+2.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.15%
1 Week-2.35%
2 Weeks2%
1 Month9.69%
3 Month12.01%
6 Month22.17%
12 Month47.66%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)9.44
ATR(20)%2.37%
ATR Inc
Range Today23.38
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High408.53
10 Day Low376.22
20 Day High408.53
20 Day Low356
52 Week High408.53
52 Week Low260.09
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume996.82K
Volume Incr56.52%
Vol(5)2.95M
Vol(50)2.24M