PANW Enters Squeeze Mode at $188.45
NeutralPalo Alto Networks Inc (PANW) closed up 0.66% at $188.45 on December 29.
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 $191.47.
Momentum
RSI at 43.4 is in neutral territory but trending higher. MACD is bullish (-3.28 vs signal -3.78).
Volatility
Stock has been in a TTM Squeeze for 7 days, indicating compressed volatility and potential for a significant move.