Technical Analysis for PANW - Palo Alto Networks, Inc.

Grade Last Price % Change Price Change
B 294.91 0.59% 1.73
PANW closed up 0.59 percent on Friday, May 31, 2024, on 1.92 times normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Gapped Up Strength 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Fell Below 20 DMA Bearish 0.59%
50 DMA Support Bullish 0.59%
Multiple of Ten Bearish Other 0.59%
Down 3 Days in a Row Weakness 0.59%
Gapped Down Weakness 0.59%
MACD Bearish Signal Line Cross Bearish -3.91%

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Profile

Palo Alto Networks, Inc. Description

Palo Alto Networks, Inc. operates a platform that allows enterprises, service providers, and government entities to secure their networks and safely enable various applications running on their networks. The company's platform comprises Next-Generation Firewall, which delivers natively integrated application, user, and content visibility, as well as control within the firewall through its proprietary hardware and software architecture. It offers various appliances with features, such as application visibility and control, user identification, site-to-site virtual private network (VPN), remote access SSL VPN, and quality-of-service. The company also provides Panorama, a centralized security management solution for control of its appliances deployed on an end-customer's network; and is used for centralized policy management, device management, software licensing and updates, centralized logging and reporting, and log storage. In addition, it offers virtual system upgrades; and subscription services for intrusion detection and prevention, and URL filtering, as well as for protection of mobile users, and protection against modern targeted malware. Further, the company provides support and maintenance services; and professional services, such as application traffic management, solution design and planning, configuration, and firewall migration, as well as education services. It serves the enterprise network security market, which consists of firewall, unified threat management, Web gateway, intrusion detection and prevention, and VPN technologies. Palo Alto Networks, Inc. sells its products through distributors, resellers, and strategic partners, as well as directly to end-customers in education, energy, financial services, healthcare, Internet and media, manufacturing, public sector, and telecommunications industries in approximately 100 countries worldwide. The company was founded in 2005 and is headquartered in Santa Clara, California.


Classification

Sector: Technology
Industry: Software - Application
Keywords: S&P 500 Computing Nasdaq 100 Computer Security Work From Home Cybersecurity Computer Networking Education Services Subscription Services Computer Network Security Firewall VPN Traffic Management Communications Industries Malware Virtual Private Network Deep Packet Inspection Telecommunications Industries Firewall Software Software Licensing Content Control Software Security Management Security Management Solution Threat Management Unified Threat Management

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 380.84
52 Week Low 201.17
Average Volume 3,860,535
200-Day Moving Average 282.48
50-Day Moving Average 291.79
20-Day Moving Average 306.46
10-Day Moving Average 309.79
Average True Range 10.04
RSI (14) 45.05
ADX 20.97
+DI 21.34
-DI 27.57
Chandelier Exit (Long, 3 ATRs) 294.57
Chandelier Exit (Short, 3 ATRs) 314.11
Upper Bollinger Bands 324.12
Lower Bollinger Band 288.80
Percent B (%b) 0.17
BandWidth 11.53
MACD Line 2.88
MACD Signal Line 5.37
MACD Histogram -2.4967
Fundamentals Value
Market Cap 92.99 Billion
Num Shares 315 Million
EPS 1.79
Price-to-Earnings (P/E) Ratio 164.75
Price-to-Sales 16.27
Price-to-Book 53.32
PEG Ratio 2.48
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 313.93
Resistance 3 (R3) 313.27 306.26 310.76
Resistance 2 (R2) 306.26 301.42 306.60 309.70
Resistance 1 (R1) 300.59 298.43 297.09 301.25 308.65
Pivot Point 293.58 293.58 291.83 293.92 293.58
Support 1 (S1) 287.91 288.74 284.41 288.57 281.17
Support 2 (S2) 280.90 285.75 281.24 280.12
Support 3 (S3) 275.23 280.90 279.06
Support 4 (S4) 275.89