Technical Analysis:
Based on recent price action, PANW shows a bullish trend with strong momentum:
- RSI(14) at 64.87 indicates moderate bullish momentum without being overbought
- MACD is positive with bullish crossover (MACD: 3.74, Signal: 1.97)
- Stochastic RSI showing strong upward momentum (K:91.36, D:88.30)
- Price trading above all major moving averages (SMA 5,10,20,60,200)
Price Target Analysis:
Fibonacci resistance levels suggest:
- R1: $200.19 (immediate resistance)
- R2: $205.45 (secondary resistance)
- R3: $213.96 (strong resistance)
Support levels:
- S1: $183.16
- S2: $177.90
- S3: $169.38
News Sentiment & Catalysts:
Multiple analysts have recently raised price targets:
- RBC Capital: $232 (Outperform)
- TD Cowen: $230
- DA Davidson: $225
- Deutsche Bank: $195
- UBS: $200
Strong Q2 results and positive customer sentiment reported
Management extended 37% free cash flow margin target to FY27
Growing demand for AI-based cybersecurity solutions
Price Prediction for Next Week:
Based on technical indicators and analyst sentiment:
- Base case: $205-210 (70% probability)
- Bullish case: $215-220 (20% probability)
- Bearish case: $190-195 (10% probability)
Trading Recommendation: BUY
Entry points:
- Immediate entry: $183-185
- On pullback: $177-180
Stop loss: $169 (below S3)
Take profit: $205 (R2)
Rationale:
- Strong technical setup with bullish momentum
- Multiple positive analyst upgrades
- Growing AI cybersecurity demand
- Clear support levels for risk management
Technical Analysis:
Based on recent price action, PANW shows a bullish trend with strong momentum:
- RSI(14) at 64.87 indicates moderate bullish momentum without being overbought
- MACD is positive with bullish crossover (MACD: 3.74, Signal: 1.97)
- Stochastic RSI showing strong upward momentum (K:91.36, D:88.30)
- Price trading above all major moving averages (SMA 5,10,20,60,200)
Price Target Analysis:
Fibonacci resistance levels suggest:
- R1: $200.19 (immediate resistance)
- R2: $205.45 (secondary resistance)
- R3: $213.96 (strong resistance)
Support levels:
- S1: $183.16
- S2: $177.90
- S3: $169.38
News Sentiment & Catalysts:
Multiple analysts have recently raised price targets:
- RBC Capital: $232 (Outperform)
- TD Cowen: $230
- DA Davidson: $225
- Deutsche Bank: $195
- UBS: $200
Strong Q2 results and positive customer sentiment reported
Management extended 37% free cash flow margin target to FY27
Growing demand for AI-based cybersecurity solutions
Price Prediction for Next Week:
Based on technical indicators and analyst sentiment:
- Base case: $205-210 (70% probability)
- Bullish case: $215-220 (20% probability)
- Bearish case: $190-195 (10% probability)
Trading Recommendation: BUY
Entry points:
- Immediate entry: $183-185
- On pullback: $177-180
Stop loss: $169 (below S3)
Take profit: $205 (R2)
Rationale:
- Strong technical setup with bullish momentum
- Multiple positive analyst upgrades
- Growing AI cybersecurity demand
- Clear support levels for risk management