PALO ALTO NETWKS DL-.0001
PALO ALTO NETWKS DL-.0001
- EUR (-)
- 15 min delayed data - Germany Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: 5AP
ISIN:

PALO ALTO NETWKS DL-.0001 - Daily - Technical analysis published on 08/21/2023 (GMT)

  • 137
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
61%
17%
22%
My opinion
Bullish above 201.85 EUR
My targets
237.10 EUR (+9.67%)
266.97 EUR (+23.48%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on PALO ALTO NETWKS DL-.0001 as long as the price remains well above 201.85 EUR. The buyers' bullish objective is set at 237.10 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 266.97 EUR. If there is any crossing, the next objective would be the resistance located at 309.70 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

The PALO ALTO NETWKS DL-.0001 price is 216.20 EUR. On the day, this instrument gained +13.05% and was traded between 213.50 EUR and 217.05 EUR over the period. The price is currently at +1.26% from its lowest and -0.39% from its highest.

213.50
217.05
216.20

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


Technical analysis of this Daily chart of PALO ALTO NETWKS DL-.0001 indicates that the overall trend is bullish. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Central Candlesticks

White morning star

Type : Bullish

Timeframe : Daily


Upside gap

Type : Bullish

Timeframe : Daily


Abandoned baby morning star

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 182.96 201.85 213.13 216.20 237.10 309.70 412.92
Change (%) -15.37% -6.64% -1.42% - +9.67% +43.25% +90.99%
Change -33.24 -14.35 -3.07 - +20.90 +93.50 +196.72
Level Major Minor Minor - Major Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard179.82182.16186.70189.04193.58195.92200.46
Camarilla189.35189.98190.61191.24191.87192.50193.13
Woodie180.92182.71187.80189.59194.68196.47201.56
Fibonacci182.16184.79186.41189.04191.67193.29195.92


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard165.86175.18183.21192.53200.56209.88217.91
Camarilla186.47188.06189.65191.24192.83194.42196.01
Woodie165.22174.86182.57192.21199.92209.56217.27
Fibonacci175.18181.81185.90192.53199.16203.25209.88


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard182.22195.73210.47223.98238.72252.23266.97
Camarilla217.43220.02222.61225.20227.79230.38232.97
Woodie182.83196.04211.08224.29239.33252.54267.58
Fibonacci195.73206.53213.19223.98234.78241.44252.23

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 56.96
MACD (12,26,9): -4.9900
Directional Movement: 3.30
AROON (14): -92.86
DEMA (21): 198.85
Parabolic SAR (0,02-0,02-0,2): 184.50
Elder Ray (13): 12.61
Super Trend (3,10): 192.12
Zig ZAG (10): 216.80
VORTEX (21): 0.7700
Stochastique (14,3,5): 30.39
TEMA (21): 194.98
Williams %R (14): -28.62
Chande Momentum Oscillator (20): 1.30
Repulse (5,40,3): 1.9000
ROCnROLL: 1
TRIX (15,9): -0.3900
Courbe Coppock: 18.42
MA7: 199.75
MA20: 207.35
MA50: 217.42
MA100: 200.17
MAexp7: 201.22
MAexp20: 205.46
MAexp50: 208.49
MAexp100: 203.78
Price / MA7: +8.24%
Price / MA20: +4.27%
Price / MA50: -0.56%
Price / MA100: +8.01%
Price / MAexp7: +7.44%
Price / MAexp20: +5.23%
Price / MAexp50: +3.70%
Price / MAexp100: +6.09%

Quotes : - 15 min delayed data - Germany Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15830
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

Comments

0 comments on the analysis PALO ALTO NETWKS DL-.0001 - Daily