PANW Bullish Trend: Swing Trader's Downtrend Protection v.2 (TA) Generates 15.29%
Swing Trader: Downtrend Protection v.2 (TA) Generates 15.29% for PANW Amid Uptrend Continuation Expectation
Palo Alto Networks (PANW, $243.92), a key player in cybersecurity solutions, has recently shown a remarkable market performance. This comes as a direct result of the implementation of the Swing Trader: Downtrend Protection v.2 (TA), which has generated an impressive 15.29% return for the stock.
This Technical Analysis (TA) model is specifically designed to enhance portfolio performance by capitalizing on short-term price fluctuations. The model, in its refined version 2, implements advanced indicators and trading algorithms, ensuring protection against severe downtrends. These algorithms factor in a multitude of variables like the stock’s price momentum, historical volatility, volume analysis, and trend patterns to predict future price movements.
In the case of PANW, the bullish trend entered on a monthly basis has been a primary driver for the robust returns observed. PANW shares have steadily climbed, contributing to investor confidence and overall market positivity around the stock.
An uptrend continuation is expected for PANW, given its robust business fundamentals, its innovative product portfolio, and a strong demand outlook in the cybersecurity market. The industry, experiencing a surge due to the ever-increasing cybersecurity threats in the digital world, could play a vital role in PANW's sustained bullish trend.
The Downtrend Protection v.2 (TA) continues to monitor PANW’s performance closely, ensuring the preservation of the gains already achieved. This TA model has successfully proven its efficacy in navigating volatile market conditions, providing investors with an added layer of security and confidence.
However, investors should note that while TA models such as the Downtrend Protection v.2 provide insightful analyses and predictions, they should not be the sole determinant for investment decisions. Thorough due diligence, including a comprehensive assessment of the company’s financial health, business model, competitive landscape, and market conditions, remains a crucial part of investment decision-making.
The Downtrend Protection v.2 has been instrumental in driving a 15.29% return for PANW, cementing its value for swing traders and short-term investors. Amid these positive developments and the expected uptrend continuation, PANW’s future looks promising, and it continues to be an attractive prospect in the cybersecurity space.
PANW in downward trend: price may drop because broke its higher Bollinger Band on August 21, 2023
PANW broke above its upper Bollinger Band on August 21, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 44 similar instances where the stock broke above the upper band. In of the 44 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for PANW moved out of overbought territory on September 12, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 45 similar instances where the indicator moved out of overbought territory. In of the 45 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on September 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on PANW as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for PANW turned negative on September 18, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
PANW moved below its 50-day moving average on September 20, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PANW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The 10-day moving average for PANW crossed bullishly above the 50-day moving average on September 07, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PANW advanced for three days, in of 344 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 327 cases where PANW Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PANW’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (41.494) is normal, around the industry mean (21.161). P/E Ratio (185.185) is within average values for comparable stocks, (153.203). Projected Growth (PEG Ratio) (1.572) is also within normal values, averaging (2.676). Dividend Yield (0.000) settles around the average of (0.088) among similar stocks. P/S Ratio (11.682) is also within normal values, averaging (74.261).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of network security solutions
Industry PackagedSoftware
PANW and
Correlation & Price change
A.I.dvisor indicates that over the last year, PANW has been loosely correlated with CRWD. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if PANW jumps, then CRWD could also see price increases.
| Ticker / NAME | Correlation To PANW | 1D Price Change % | ||
|---|---|---|---|---|
| PANW | 100% | -3.34% | ||
| CRWD - PANW | 64% Loosely correlated | -0.83% | ||
| ZS - PANW | 62% Loosely correlated | -3.53% | ||
| FTNT - PANW | 59% Loosely correlated | -2.29% | ||
| NOW - PANW | 54% Loosely correlated | -3.68% | ||
| QLYS - PANW | 51% Loosely correlated | -0.85% | ||
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