We assign a technical rating of 0 out of 10 to PANW. PANW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PANW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 182.90, a Stop Loss order could be placed below this zone.
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151.27
3 important support areas can be observed.
- A support zone ranging from 179.36 to 182.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @168.60 from a trend line in the weekly time frame.
- Support @152.80 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 190.86 to 194.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @204.64 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for PANW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PANW is neutral. |
| ChartMill Relative Strength | 35.8 | NEUTRAL | PANW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PANW is above a declining 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) | 51.75 | NEUTRAL | The RSI value for PANW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.08 | POSITIVE | The MACD value suggests PANW has a positive trend. |
| Stochastics (14,3) | 65.15 | NEUTRAL | The Stochastics value for PANW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for PANW suggests some volalility. |
| Average Directional Index/ADX (14) | 23.21 | NEUTRAL | The ADX value for PANW suggests a possible start of a new trend. |
190.85
+1.97 (+1.04%)
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 0 / 10 to PANW.
What is the trend direction for PANW stock?
The current trend direction for PALO ALTO NETWORKS INC (PANW) is Bearish.
What is the RSI signal for PANW stock?
PALO ALTO NETWORKS INC (PANW) has an RSI value of 51.7545. This indicates that the stock is currently neutral.
What is the MACD signal for PALO ALTO NETWORKS INC (PANW) stock?
The MACD indicator for PALO ALTO NETWORKS INC (PANW) has a value of 1.08081, indicating a bullish trend.
What are the support and resistance levels for PALO ALTO NETWORKS INC (PANW) stock?
PALO ALTO NETWORKS INC (PANW) has a support level at 182.9 and a resistance level at 190.86. Check the full technical report for our detailed analysis of PANW support and resistance levels.