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.
The technical rating of PANW is bad and it also does not present a quality setup 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.
More info and screens
151.27
We found 4 important support areas.
- A support zone ranging from 179.05 to 180.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @174.16 from a trend line in the daily time frame.
- A support zone ranging from 166.04 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 204.56 to 207.77. 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 | 35.37 | NEUTRAL | PANW is not amongst the best or worst performers 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) | 28.91 | OVERSOLD | The low RSI value suggests PANW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.01 | NEGATIVE | The MACD value suggests PANW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.81 | OVERSOLD | The low Stochastics value suggests PANW may be oversold. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for PANW suggests some volalility. |
| Average Directional Index/ADX (14) | 34.87 | POSITIVE | The high ADX value value for PANW suggests a strong trend. |
185.35
-0.92 (-0.49%)
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 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 28.9141. This indicates that the stock is currently oversold.
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 180.3 and a resistance level at 204.56. Check the full technical report for our detailed analysis of PANW support and resistance levels.