PANW Enters Squeeze Mode at $188.45

Palo Alto Networks Inc (PANW) closed up 0.66% at $188.45 on December 27.

Technical indicators paint a bullish picture:

• Moving Averages: Mixed signals with price near the 9-day EMA ($188.21). The 21-day EMA sits at $191.43.
• Momentum: RSI at 41.9 is in neutral territory but trending higher. MACD is bullish (-3.26 vs signal -3.76).
• Volatility: Stock has been in a TTM Squeeze for 6 days, indicating compressed volatility and potential for a significant move.

Key levels to watch: Support at $182.41, Resistance at $197.96.