Palo Alto Networks (PANW) Shares are Up 3.2%

Palo Alto Networks (PANW) : Traders are bullish on Palo Alto Networks (PANW) as it has outperformed the S&P 500 by a wide margin of 10.32% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.68%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.2% in the last 1 week, and is up 10.17% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 7.34% and the 50-Day Moving Average is 11.94%.The 200 Day SMA reached 0.86%. Palo Alto Networks, Inc. is up 4% in the last 3-month period. Year-to-Date the stock performance stands at -17.58%.


Palo Alto Networks (NYSE:PANW): After opening at $140.89, the stock dipped to an intraday low of $139.62 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $146.06 and the buying power remained strong till the end. The stock closed at $145.18 for the day, a gain of 3.21% for the day session. The total traded volume was 2,824,881. The stocks close on the previous trading day was $140.66.

Palo Alto Networks, Inc. is a security company. The Companys security platform consists of three elements: its Next-Generation Firewall, its Advanced Endpoint Protection, and its Threat Intelligence Cloud. The Companys Next-Generation Firewall delivers application, user, and content visibility and control, as well as protection against network-based cyber threats integrated within the firewall through its hardware and software architecture. Its Advanced Endpoint Protection prevents cyber-attacks that aim to exploit software vulnerabilities on a range of fixed and virtual endpoints and servers. The Companys Threat Intelligence Cloud provides central intelligence capabilities, security for software as a service (SaaS) applications, and automated delivery of preventative measures against cyber-attacks. The Companys PAN-OS operating system contains App-ID, User-ID, site-to-site virtual private network (VPN), remote access secure sockets layer (SSL) VPN, and Quality-of-Service (QoS).

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