Palo Alto Networks(PANW)
Auto-detected technical analysis for PANW · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
PANW is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.
A rising wedge usually breaks lower, but PANW is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $216.51 (+20.8%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; PANW's own rising wedges have hit 75.0%.
New to this pattern? What a rising wedge is and how to trade it →
PANW's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on May 7, 2026 near $190.77, then reached its target at $272.05 on Jun 5, 2026 — a 42.6% move (+2.06R) over 20 sessions. Across 45 backtested rising wedges, this setup wins 62.2% of the time.
Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.
Every completed pattern trade our nightly backtest found on PANW's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising Wedge | May 7, 2026 @ $190.77 | Jun 5, 2026 @ $272.05 | Win | +20.8% · +2.06R |
| Triangle | Jan 29, 2026 @ $180.60 | Feb 3, 2026 @ $163.70 | Win | +10.1% · +1.92R |
| Rising Wedge | Dec 18, 2024 @ $196.19 | Dec 27, 2024 @ $183.23 | Win | +7.5% · +1.17R |
| Bullish Pennant | Oct 3, 2024 @ $167.97 | Nov 15, 2024 @ $193.50 | Win | +14.3% · +6.64R |
| Triangle | Nov 24, 2023 @ $132.90 | Dec 20, 2023 @ $150.49 | Win | +13.9% · +1.11R |
| Rising Wedge | Oct 26, 2023 @ $121.45 | Nov 24, 2023 @ $133.04 | Loss | +18.1% · -1.01R |
| Falling Wedge | Jan 20, 2023 @ $71.44 | Feb 21, 2023 @ $83.44 | Win | +20.9% · +2.26R |
| Triangle | Sep 16, 2022 @ $88.38 | Oct 11, 2022 @ $78.57 | Win | +13.2% · +1.48R |
| Triangle | Aug 17, 2022 @ $86.00 | Aug 23, 2022 @ $94.92 | Loss | +12.9% · -2.54R |
| Triangle | Aug 3, 2022 @ $86.81 | Oct 11, 2022 @ $78.69 | Loss | +14.2% · -1.32R |
| Triangle | Jul 26, 2022 @ $83.27 | Aug 3, 2022 @ $88.18 | Loss | +17.8% · -1.21R |
| Triangle | Jul 1, 2022 @ $84.73 | Jul 26, 2022 @ $77.54 | Loss | +17.4% · -1.64R |
A chance to go short showed up on the weekly chart about a week ago: price ran up to $359.59 — a level traders often watch as a target (261.8% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $342.98 | $344.19 | $328.64 | $335.28 |
| Jul 21, 2026 | $349.44 | $352.00 | $334.03 | $342.15 |
| Jul 20, 2026 | $354.72 | $366.31 | $348.36 | $348.66 |
| Jul 17, 2026 | $347.00 | $368.80 | $345.04 | $358.68 |
| Jul 16, 2026 | $357.06 | $360.44 | $347.04 | $353.99 |
| Jul 15, 2026 | $356.81 | $362.71 | $353.11 | $354.02 |
| Jul 14, 2026 | $330.80 | $353.68 | $330.29 | $352.89 |
| Jul 13, 2026 | $325.11 | $331.08 | $316.25 | $330.30 |
| Jul 10, 2026 | $338.48 | $340.13 | $323.85 | $325.91 |
| Jul 9, 2026 | $318.34 | $338.37 | $318.34 | $338.31 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.