Stock Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
Palo Alto Networks, Inc (NYSE:PANW)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PANW
The long term trend has been DOWN since May 28th, 2019 at 214.400
The intermediate term trend has been DOWN since May 10th, 2019 at 231.335
The short term trend has been UP since Jun 11th, 2019 at 200.650
Smart Scan Analysis for PANW
Based on a pre-defined weighted trend formula for chart analysis, PANW scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||239.5||Year High Date||2018-09-13|
|Year Low||145.1||Year Low Date||2018-01-02|
|52wk High||260.63||52wk High Date||2019-02-27|
|52wk Low||160.08||52wk Low Date||2018-11-20|
|Year End Close||53.52||Average Volume||1,147,717|
|Shares Outstanding||93,733||Short Interest||3,870,823|
|% Institutional||83||Market Cap||20,526M|