Technical Analysis for PANW - PALO ALTO NETWORKS CDR

Grade Last Price % Change Price Change
D 20.690 2.17% 0.440
PANW closed down 2.36 percent on Wednesday, September 18, 2024, on 84 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Flat Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 2.17%
Stochastic Reached Oversold Weakness 2.17%
Below Lower BB Weakness 2.17%
Down 3 Days in a Row Weakness 2.17%
Lower Bollinger Band Touch Weakness 2.17%
Oversold Stochastic Weakness 2.17%
Inside Day Range Contraction -2.41%
20 DMA Resistance Bearish -2.95%
NR7 Range Contraction -2.27%
Narrow Range Bar Range Contraction -2.27%

   Recent Intraday Alerts

Alert Time
Rose Above 50 DMA 18 minutes ago
50 DMA Support 18 minutes ago
Gapped Up (Full) about 1 hour ago
Rose Above Previous Day's High about 1 hour ago
Up 1 ATR about 1 hour ago

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Profile

PALO ALTO NETWORKS CDR Description

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention. In addition, the company offers cloud security, secure access, security operations, and threat intelligence and security consulting; professional services, including architecture design and planning, implementation, configuration, and firewall migration; education services, such as certifications, as well as online and in-classroom training; and support services. It sells its products and services through its channel partners, as well as directly to medium to large enterprises, service providers, and government entities operating in various industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications. Palo Alto Networks, Inc. was incorporated in 2005 and is headquartered in Santa Clara, California.


Classification

Sector: Technology
Industry: Software - Infrastructure
Keywords: Energy Manufacturing Financial Services Healthcare Telecommunications Computer Security Cyberwarfare Data Security Firewall Mobile Device Subscription Services

Is PANW a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 23.04
52 Week Low 16.15
Average Volume 20,448
200-Day Moving Average 0.000
50-Day Moving Average 20.689
20-Day Moving Average 21.339
10-Day Moving Average 20.990
Average True Range 0.582
RSI (14) 24.24
ADX 14.49
+DI 22.623
-DI 30.526
Chandelier Exit (Long, 3 ATRs) 21.294
Chandelier Exit (Short, 3 ATRs) 21.946
Upper Bollinger Bands 22.301
Lower Bollinger Band 20.376
Percent B (%b) -0.07
BandWidth 9.024
MACD Line 0.020
MACD Signal Line 0.171
MACD Histogram -0.151
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.865
Resistance 3 (R3) 20.917 20.763 20.763
Resistance 2 (R2) 20.763 20.607 20.738 20.728
Resistance 1 (R1) 20.507 20.510 20.430 20.455 20.694
Pivot Point 20.353 20.353 20.315 20.328 20.353
Support 1 (S1) 20.097 20.197 20.020 20.045 19.806
Support 2 (S2) 19.943 20.100 19.918 19.772
Support 3 (S3) 19.687 19.943 19.738
Support 4 (S4) 19.635