Palo Alto Networks Inc (PANW) Stock: What Does the Chart Say Wednesday?

The market has been high on Palo Alto Networks Inc ( PANW ) stock recently. PANW gets a Bullish score from InvestorsObserver Stock Sentiment Indicator. Palo Alto Networks Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PANW! See Full PANW Report What is Stock Sentiment? Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver ’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall. What's Happening With PANW Stock Today? Palo Alto Networks Inc (PANW) stock is trading at $308.36 as of 9:33 AM on Wednesday, Jan 10, a gain of $7.94, or 2.64% from the previous closing price of $300.42. The stock has traded between $305.10 and $310.44 so far today. Volume today is low. So far 26,578 shares have traded compared to average volume of 3,920,254 shares. To screen for more stocks like Palo Alto Networks Inc click here. More About Palo Alto Networks Inc Palo Alto Networks is a pure-play cybersecurity vendor that sells security appliances, subscriptions, and support to enterprises, government entities, and service providers. The company's product portfolio includes firewall appliances, virtual firewalls, endpoint protection, cloud security, and cybersecurity analytics. The Santa Clara, California, firm was established in 2005 and sells its products worldwide. Click Here to get the full Stock Report for Palo Alto Networks Inc stock.