Palo Alto Networks' rally takes a breather
Palo Alto Networks drops 9.7% as sellers take control, but the structure holds
Palo Alto Networks' rally takes a breather
Our view last week
Palo Alto Networks is back on the move: after last week's pullback the stock gained 10.1%, with buyers back in control of the tape (81% of volume) and the ADX climbing to confirm the trend's renewed conviction. Money flow stays positive but keeps fading week after week, while the weekly RSI is back above 77 — real strength, but with tighter room. The trade, under management for 18 weeks, is now running a profit of more than 114%.
This week's summary
Palo Alto Networks' buy signal took a sharp hit this week: the stock gave back 9.7%, with sellers controlling 95% of the volume, after last week's 10.1% surge. Palo Alto Networks shares still sit above every structural moving average, with price boxed into a tight band between the 322 and 325 areas. The trade, under management for 19 weeks, remains up more than 93%.
IQS Phase
59
ordinary
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#38 / 124
US stocks in progress
Trade P&L %
+93.87%
from signal to today
Rank position
ranks 38th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 66 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
PANW belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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