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Palo Alto Networ Bullish Moving Average Crossover Alert (PANW)

By Nick Russo

Today, shares of Palo Alto Networ (NYSE:PANW) have advanced above their 10-day MA of $209.21 on a volume of 339K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Palo Alto Networ share prices have moved between a 52-week high of $260.63 and a 52-week low of $160.08 and are now trading 34% above that low price at $214.49 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.2%.

SmarTrend is tracking the current trend status for Palo Alto Networ and will alert subscribers who have PANW in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses palo alto networ

Ticker(s): PANW