Palo Alto Networks, Inc. Common Stock | PANW

Daily Technical Analysis of Palo Alto Networks, Inc. Common Stock

Palo Alto Networks had a nice pop today and is currently up 3.04% we'll see if the cash keeps flowing in. It looks like PANW could be hitting an upward sloping resistance line. Most traders won't try to short a stock when the line is upsloping. But it may be a good time to take profit or wait for a better entry point for a long position. Palo Alto Networks has been drifting up over the last few months, we'll see if it has the energy to break through or if buyers decide to take profit.

If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price reverses and heads back down lower, it looks like the nearest support level is $188.66 it may head back up from there or break lower.

Analyst Ratings for Palo Alto Networks By Price Target And Rating

The analysts feel pretty optimistic about Palo Alto Networks and have been assigning positive ratings. The current Analysts Sentiment Score is 254.69. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2023-02-23 Credit Suisse Group increased their price target by 4.44% to $235.00. JPMorgan Chase & Co. provided a price target boost of 15.38% to $225.00 from $195.00 on 2023-02-22. Deutsche Bank Aktiengesel gave a boost to their price target and moved to $210.00 from $165.00 on 2023-02-22. Wolfe Research gave a boost to their price target and moved to $210.00 from $170.00 on 2023-02-22. On 2023-02-22 Jefferies Financial Group increased their price target by 10.26% to $215.00. On 2023-02-22 Barclays increased their price target by 5.58% to $227.00. JMP Securities gave a boost to their price target and moved to $230.00 from $208.00 on 2023-02-22. Mizuho gave a boost to their price target and moved to $235.00 from $220.00 on 2023-02-22. Morgan Stanley gave a boost to their price target and moved to $255.00 from $240.00 on 2023-02-22. Robert W. Baird provided a price target boost of 4.55% to $230.00 from $220.00 on 2023-02-22.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
PANW	254.69	157.43	-47.85	407.4	-7.59

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2023-01-02)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
PANW	16.19	1.06

Short interest for Palo Alto Networks

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
PANW	12.06	%20.2696	4.9	-4.95	20000000

How Palo Alto Networks compares to the broader Technology sector and the more specific Application Software industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Application Software Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	195	-0.23	0.93	8.02	7.64	12.29	-6.30	59.10	6.46	5.89	-6.77	-15232.03	-8778.72	16.03	2.18	4.39	40.56
Technology Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	472	0.01	1.94	11.74	10.03	13.23	3.47	61.58	4.91	5.32	-6.49	-13551.82	-8679.72	17.58	1.59	4.37	38.74

Social Sentiment for Palo Alto Networks

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
PANW	3.00

Companies with the highest correlation to Palo Alto Networks

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Short Interest Score
FTNT \| Fortinet, Inc.	0.85	2.67	1.06	2.00	14.01	33.43	14.55	53	97.82	47.41	34.40	-1847.22	160.09	0	6.28916
NOW \| SERVICENOW, INC.	0.85	1.33	-2.34	18.29	26.78	37.79	5.92	57	74.95	49.89	21.39	-2682.28	-14192.06	0	2.09419
MDB \| MongoDB, Inc. Class A	0.82	1.56	-0.53	41.73	76.45	109.93	25.18	83	33.36	27.63	14.05	-1660.24	-14026.90	100	5.37929
ZS \| Zscaler, Inc. Common Stoc	0.81	2.62	9.57	27.66	37.84	30.17	-10.18	76	10.21	13.79	5.34	-6248.63	-8046.21	150	7.61717
TYL \| Tyler Technologies, Inc.	0.79	0.06	-2.62	-1.40	19.35	25.82	6.91	35	34.50	17.42	16.25	-1756.59	-15286.93	0	1.33267
DDOG \| Datadog, Inc. Class A Com	0.79	2.34	-3.03	10.54	41.81	40.28	-10.78	60	15.15	17.91	19.87	-8378.46	-7020.62	0	5.03816
CDNS \| Cadence Design Systems	0.78	2.41	-0.81	13.09	12.26	41.87	42.46	51	92.56	81.23	35.19	-1400.00	-19157.29	0	1.43829
TENB \| Tenable Holdings, Inc.	0.75	1.30	-1.56	7.24	-9.89	9.01	-21.66	55	1.10	2.29	-15.42	-3690.62	-4576.54	0	2.97614

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