Bulls Push PANW Above Key EMAs to $371.59
Bullish
Aug 29, 2026 at 12:17 AM
•
$371.59
(-2.95%)
Palo Alto Networks Inc (PANW) fell 2.95% to finish at $371.59 on August 29.
From a technical standpoint, the outlook appears bullish:
Momentum
RSI at 56.1 is in neutral territory but trending higher. MACD is bearish (5.89 vs signal 8.11).
Moving Averages
The stock holds above both the 9-day ($362.36) and 21-day ($359.07) EMAs, confirming the uptrend.
Volatility
Bollinger Band width at 17.6% indicates normal volatility.
While the trend remains bullish, weakening MACD warrants caution for new entries at current levels.
The $334.53-$399.20 range defines near-term boundaries.