The market has been high on Palo Alto Networks Inc (PANW) stock recently. PANW gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 down -1.28% while the S&P 500 has risen 0.17% as of 11:42 AM on Wednesday, Jul 7. PANW has fallen -$5.02 from the previous closing price of $391.90 on volume of 587,911 shares. Over the past year the S&P 500 has risen 36.83% while PANW has risen 63.99%. PANW lost -$4.56 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for 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 into 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 Score Report on Palo Alto Networks Inc (PANW) Stock.
