Palo Alto Networks Stock Technical Analysis

PANW Stock  USD 277.33  2.31  0.84%   
As of the 17th of April 2024, Palo Alto holds the Variance of 16.96, coefficient of variation of (2,871), and Risk Adjusted Performance of (0.01). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Palo Alto, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Palo Alto Networks, which can be compared to its competitors. Please check Palo Alto Networks information ratio and kurtosis to decide if Palo Alto Networks is priced some-what accurately, providing market reflects its current price of 277.33 per share. Given that Palo Alto has information ratio of (0.05), we recommend you to check out Palo Alto Networks's recent market performance to make sure the company can sustain itself at a future point.

Palo Alto Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Palo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Palo
  
Palo Alto's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Palo Alto Analyst Consensus

Target PriceAdvice# of Analysts
279.77Strong Buy51Odds
Palo Alto Networks current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Palo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Palo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Palo Alto Networks, talking to its executives and customers, or listening to Palo conference calls.
Palo Analyst Advice Details
Palo Alto technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Palo Alto technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Palo Alto trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Palo Alto Networks Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Palo Alto Networks volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Palo Alto Networks Trend Analysis

Use this graph to draw trend lines for Palo Alto Networks. You can use it to identify possible trend reversals for Palo Alto as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Palo Alto price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Palo Alto Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Palo Alto Networks applied against its price change over selected period. The best fit line has a slop of   1.63  , which may suggest that Palo Alto Networks market price will keep on failing further. It has 122 observation points and a regression sum of squares at 100421.64, which is the sum of squared deviations for the predicted Palo Alto price change compared to its average price change.

About Palo Alto Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Palo Alto Networks on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Palo Alto Networks based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Palo Alto Networks price pattern first instead of the macroeconomic environment surrounding Palo Alto Networks. By analyzing Palo Alto's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Palo Alto's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Palo Alto specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0027320.0034150.0039270.003731
Price To Sales Ratio9.0911.012.6412.01

Palo Alto April 17, 2024 Technical Indicators

Most technical analysis of Palo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Palo from various momentum indicators to cycle indicators. When you analyze Palo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Palo Alto April 17, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Palo stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Palo Alto Networks is a strong investment it is important to analyze Palo Alto's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Palo Alto's future performance. For an informed investment choice regarding Palo Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palo Alto Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Palo Stock analysis

When running Palo Alto's price analysis, check to measure Palo Alto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Palo Alto is operating at the current time. Most of Palo Alto's value examination focuses on studying past and present price action to predict the probability of Palo Alto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palo Alto's price. Additionally, you may evaluate how the addition of Palo Alto to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
CEOs Directory
Screen CEOs from public companies around the world
Global Correlations
Find global opportunities by holding instruments from different markets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Transaction History
View history of all your transactions and understand their impact on performance
Is Palo Alto's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Palo Alto. If investors know Palo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Palo Alto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
18.56
Earnings Share
6.52
Revenue Per Share
24.27
Quarterly Revenue Growth
0.193
Return On Assets
0.0309
The market value of Palo Alto Networks is measured differently than its book value, which is the value of Palo that is recorded on the company's balance sheet. Investors also form their own opinion of Palo Alto's value that differs from its market value or its book value, called intrinsic value, which is Palo Alto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Palo Alto's market value can be influenced by many factors that don't directly affect Palo Alto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Palo Alto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palo Alto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palo Alto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.