PALO ALTO NETWORKS INC. - Daily - Technical analysis published on 09/25/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 218.32 USD
My targets
195.64 USD (-5.70%)
179.70 USD (-13.39%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on PALO ALTO NETWORKS INC. as long as the price remains well below 218.32 USD. The next bearish objective for sellers is set at 195.64 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 179.70 USD. If there is any crossing, the next objective would be the support located at 170.03 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PALO ALTO NETWORKS INC. rating is 207.47 USD. On the day, this instrument lost -1.07% and was between 205.60 USD and 212.78 USD. This implies that the price is at +0.91% from its lowest and at -2.50% from its highest.205.60
212.78
207.47
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of PALO ALTO NETWORKS INC. indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 170.03 | 179.70 | 195.64 | 207.47 | 218.32 | 227.82 | 236.23 |
| Change (%) | -18.05% | -13.39% | -5.70% | - | +5.23% | +9.81% | +13.86% |
| Change | -37.44 | -27.77 | -11.83 | - | +10.85 | +20.35 | +28.76 |
| Level | Minor | Minor | Major | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 205.71 | 207.11 | 208.41 | 209.82 | 211.12 | 212.52 | 213.82 |
| Camarilla | 208.97 | 209.21 | 209.46 | 209.71 | 209.96 | 210.21 | 210.45 |
| Woodie | 205.65 | 207.09 | 208.36 | 209.79 | 211.06 | 212.50 | 213.77 |
| Fibonacci | 207.11 | 208.15 | 208.79 | 209.82 | 210.85 | 211.49 | 212.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 194.38 | 200.78 | 204.52 | 210.92 | 214.65 | 221.05 | 224.78 |
| Camarilla | 205.46 | 206.39 | 207.32 | 208.25 | 209.18 | 210.11 | 211.04 |
| Woodie | 193.05 | 200.12 | 203.18 | 210.25 | 213.32 | 220.38 | 223.45 |
| Fibonacci | 200.78 | 204.65 | 207.04 | 210.92 | 214.79 | 217.18 | 221.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 149.44 | 170.81 | 187.21 | 208.58 | 224.98 | 246.35 | 262.75 |
| Camarilla | 193.23 | 196.70 | 200.16 | 203.62 | 207.08 | 210.55 | 214.01 |
| Woodie | 146.97 | 169.57 | 184.74 | 207.34 | 222.51 | 245.11 | 260.28 |
| Fibonacci | 170.81 | 185.24 | 194.15 | 208.58 | 223.01 | 231.92 | 246.35 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 47.80 | |
| MACD (12,26,9): | -0.0600 | |
| Directional Movement: | 3.54 | |
| AROON (14): | 14.29 | |
| DEMA (21): | 208.77 | |
| Parabolic SAR (0,02-0,02-0,2): | 202.74 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 216.33 | |
| Zig ZAG (10): | 207.47 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 43.89 | |
| TEMA (21): | 209.91 | |
| Williams %R (14): | -81.89 | |
| Chande Momentum Oscillator (20): | -8.45 | |
| Repulse (5,40,3): | -2.8500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 5.89 |
| MA7: | 210.43 | |
| MA20: | 207.73 | |
| MA50: | 212.84 | |
| MA100: | 213.18 | |
| MAexp7: | 209.26 | |
| MAexp20: | 209.14 | |
| MAexp50: | 210.76 | |
| MAexp100: | 213.62 | |
| Price / MA7: | -1.41% | |
| Price / MA20: | -0.13% | |
| Price / MA50: | -2.52% | |
| Price / MA100: | -2.68% | |
| Price / MAexp7: | -0.86% | |
| Price / MAexp20: | -0.80% | |
| Price / MAexp50: | -1.56% | |
| Price / MAexp100: | -2.88% |
News
Don"t forget to follow the news on PALO ALTO NETWORKS INC.. At the time of publication of this analysis, the latest news was as follows:
- Palo Alto Networks Completes Acquisition of Zingbox
- Palo Alto Networks Positioned as a Leader in Gartner Magic Quadrant for Network Firewalls for Eighth Consecutive Time
- Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2019 Financial Results
- Palo Alto Networks Announces Intent to Acquire Zingbox
- Palo Alto Networks to Present at Upcoming Investor Conferences
This member declared not having a position on this financial instrument or a related financial instrument.
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