PANW Sinks Below Technical Support to $148.92
Bearish
Mar 2, 2026 at 2:49 AM
•
$148.92
(-0.33%)
Palo Alto Networks Inc (PANW) retreated 0.33%, ending the session at $148.92 on March 2.
Key indicators suggest a bearish bias:
Moving Averages
Moving averages are stacked bearishly—price below the 9-day at $150.42, resistance at 21-day ($158.64).
Momentum
RSI at 34.8 is in neutral territory but trending higher. MACD is bearish (-8.90 vs signal -8.37).
Volatility
Bollinger Band width at 25.7% indicates normal volatility.
Despite the bearish EMA structure, oversold RSI suggests patient buyers may find opportunity near $138.14.
Support sits at $138.14 with resistance at $178.91.