Jun 3, 2026 at 12:14 AM
•
$297.18
(-1.10%)
Palo Alto Networks Inc (PANW) slipped 1.10% to $297.18 on June 3.
From a technical standpoint, the outlook appears bullish:
Moving Averages
The stock holds above both the 9-day ($270.12) and 21-day ($243.80) EMAs, confirming the uptrend.
Momentum
RSI at 80.9 is in overbought territory, suggesting potential near-term exhaustion. MACD reads 26.51 against its 21.99 signal line (bullish).
Volatility
Bollinger Band width at 53.6% indicates normal volatility.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Technical levels: $175.66 support, $304.37 resistance.