PALO ALTO NETWORKS INC (PANW) Technical Analysis
NASDAQ:PANW • US6974351057
Current stock price
PANW Technical Rating and Analysis
Overall PANW gets a technical rating of 0 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PANW is a bad performer in the overall market: 82% of all stocks are doing better.
- PANW is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PANW is lagging the market.
- In the last month PANW has a been trading in the 143.50 - 172.03 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- PANW has an average volume of 11389600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PANW is part of the Software industry. There are 279 other stocks in this industry, PANW did better than 65% of them.
PANW Weekly and Daily overview Charts
PANW Setup Rating and Analysis
The technical rating of PANW is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PANW Support and Resistance Analysis
145.54
When analyzing the support we notice one important area.
- Support @147.01 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 164.83 to 167.02. 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.
PANW Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for PANW is down. |
| ChartMill Relative Strength | 18.63 | NEGATIVE | PANW has a low relative strength, it was outperformed by 81.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PANW is below 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) | DOWN | NEGATIVE | The current price of PANW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.29 | NEUTRAL | The RSI value for PANW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.41 | NEGATIVE | The MACD value suggests PANW has a negative trend. |
| Stochastics (14,3) | 11.85 | OVERSOLD | The low Stochastics value suggests PANW may be oversold. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for PANW suggests some volalility. |
| Average Directional Index/ADX (14) | 20.5 | NEUTRAL | The ADX value for PANW suggests a possible start of a new trend. |
PANW Chart- and CandleStick Pattern Analysis
PANW Technicals: Chart, Performance Metrics, Trend & Indicators
147.02
-9.34 (-5.97%)
PALO ALTO NETWORKS INC / PANW TA 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 33.2855. 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 -1.40589, indicating a bearish 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 147.01 and a resistance level at 164.83. Check the full technical report for our detailed analysis of PANW support and resistance levels.