PALO ALTO NETWORKS INC (PANW)
US6974351057 - Common Stock
We assign a technical rating of 7 out of 10 to PANW. In the past year, PANW was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, PANW did better than 84% of all other stocks.
PANW is part of the Software industry. There are 276 other stocks in this industry. PANW outperforms 74% of them.
In the last month PANW has a been trading in the 265.66 - 303.89 range, which is quite wide. It is currently trading near the high of this range.
PANW has an average volume of 5448740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PANW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PANW is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
PANW has an excellent technical rating, but the quality of the setup is only medium 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
259.34
299.18
We found 3 important support areas.
- Support @277.27 from a trend line in the weekly time frame.
- A support zone ranging from 269.00 to 272.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 261.96 to 261.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 296.22 to 296.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.95
Mansfield0.1
10 Day High303.89
10 Day Low275.2
20 Day High303.89
20 Day Low265.66
52 Week High380.84
52 Week Low186.75
Performance
1 Week1.64%
2 Weeks6.66%
1 Month10.11%
3 Month-14.16%
6 Month21.63%
12 Month61.05%
2 Year76.74%
3 Year144.63%
5 Year344.01%
10 Year1086.26%
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)2.03
RSI(14)58.3
LBB273.2
UBB301.6
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 296.23 | 275.19 | 21.04 (7.10%) | 14.08% |
| An entry @296.23. This is a Buy Stop order right above the resistance zone. | An exit @275.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 21.04 points, which is 7.10%. | When investing 14.08% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PALO ALTO NETWORKS INC
NASDAQ:PANW (5/3/2024, 5:30:51 PM)
After market: 296.1 -0.11 (-0.04%)296.21
+0.89 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.3%
1 Week1.64%
2 Weeks6.66%
1 Month10.11%
3 Month-14.16%
6 Month21.63%
12 Month61.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)8.34
ATR(20)%2.71%
ATR Inc
Range Today7.12
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 High303.89
10 Day Low275.2
20 Day High303.89
20 Day Low265.66
52 Week High380.84
52 Week Low186.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.44M
Volume Incr-11.66%
Vol(5)3.18M
Vol(50)5.45M