186.88 USD
+1 (+0.54%)
187.51 USD
+0.63 (+0.34%)
We assign a technical rating of 1 out of 10 to PANW. PANW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, PANW is a bad performer in the overall market: 72% of all stocks are doing better.
In the last month PANW has a been trading in the 180.05 - 199.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PANW has an average volume of 5791440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
PANW is an average performer in the Software industry, it outperforms 63% of 278 stocks in the same industry.
PANW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PANW is lagging the market.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, PANW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 183.06, a Stop Loss order could be placed below this zone.
More info and screens
151.27
219.97
When analyzing the support we can see 4 important areas.
- A support zone ranging from 181.30 to 183.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @175.64 from a trend line in the daily time frame.
- A support zone ranging from 167.05 to 167.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @152.80 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 187.12 to 189.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 197.18 to 198.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 202.41 to 204.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @217.79 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PANW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PANW is down. |
| ChartMill Relative Strength | 28.69 | NEGATIVE | PANW has a low relative strength, it was outperformed by 71.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PANW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PANW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PANW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.52 | NEUTRAL | The RSI value for PANW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PANW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.05 | OVERSOLD | The low Stochastics value suggests PANW may be oversold. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for PANW suggests some volalility. |
| Average Directional Index/ADX (14) | 32.17 | POSITIVE | The high ADX value value for PANW suggests a strong trend. |
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)
186.88
+1 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.54%
1 Week-2.51%
2 Weeks-6.01%
1 Month0.98%
3 Month-10.24%
6 Month-6.2%
12 Month0.05%
2 Year26.75%
3 Year167.85%
5 Year215.51%
10 Year536.59%
15 YearN/A
Volatility
ATR(14)4.42
ATR(20)%2.47%
ATR Inc-34.92%
Range Today2.13
ADR(20)4.46
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.69
3 months CRS22.88
6 months CRS22.75
Mansfield-1.13
10 Day High199.9
10 Day Low183.19
20 Day High199.9
20 Day Low180.05
52 Week High223.61
52 Week Low144.15
CS1 End183.06
CR1 Start187.12
Volume & EV
DER(3)-1.06%
DER(5)-1.47%
Volume19.05M
Volume Incr36.06%
Vol(5)8.89M
Vol(50)5.79M
PALO ALTO NETWORKS INC / PANW FAQ
What is the ChartMill technical rating of PALO ALTO NETWORKS INC (PANW) stock?
ChartMill assigns a technical rating of 1 / 10 to PANW.
What is the current trend direction of PALO ALTO NETWORKS INC (PANW) stock?
The current trend direction for PALO ALTO NETWORKS INC (PANW) is Bearish.
What is the RSI signal for PALO ALTO NETWORKS INC (PANW) stock?
PALO ALTO NETWORKS INC (PANW) has an RSI value of 40.5171. This indicates that the stock is currently neutral.
What is the short term momentum for PANW stock?
The short term momentum for PALO ALTO NETWORKS INC (PANW) is negative.
What are the support and resistance levels for PALO ALTO NETWORKS INC (PANW) stock?
PALO ALTO NETWORKS INC (PANW) has a support level at 183.06 and a resistance level at 187.12. Check the full technical report for our detailed analysis of PANW support and resistance levels.