Palo Alto Networks (PANW) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for PANW · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$366.34last close · Aug 4, 202652-week range $139.57 – $368.80 · 0.67% below the high

PANW Rising Wedge Pattern

PANW is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 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 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; PANW's own rising wedges have hit 62.5%.

DirectionBullishTarget$216.51Projected move+20.8%Breakout level$186.45

New to this pattern? What a rising wedge is and how to trade it →

PANW's Most Recent Rising Wedge Trade

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 +2.06R move (42.6%) over 20 sessions. Across 57 backtested rising wedges, this setup wins 63.2% of the time.

OutcomeWinResult+2.06REntry$190.77Exit$272.05

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
PANW win rate
62.5%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

PANW Pattern Trade History

Every completed pattern trade our nightly backtest found on PANW's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeMay 7, 2026 @ $190.77Jun 5, 2026 @ $272.05Win+2.06R
TriangleJan 29, 2026 @ $180.60Feb 3, 2026 @ $165.57Win+1.71R
Rising WedgeFeb 21, 2025 @ $194.96Mar 7, 2025 @ $176.81Win+1.35R
Rising WedgeDec 18, 2024 @ $196.19Dec 27, 2024 @ $183.23Win+1.17R
Bullish PennantOct 3, 2024 @ $167.97Nov 15, 2024 @ $193.50Win+6.64R
TriangleNov 22, 2023 @ $132.50Dec 20, 2023 @ $150.49Win+1.17R
Rising WedgeOct 26, 2023 @ $121.45Nov 24, 2023 @ $133.04Loss-1.01R
Falling WedgeJan 20, 2023 @ $71.44Feb 21, 2023 @ $83.44Win+2.26R
Rising WedgeDec 6, 2022 @ $84.73Dec 19, 2022 @ $74.98Win+2.05R
TriangleSep 16, 2022 @ $88.38Oct 11, 2022 @ $78.57Win+1.48R
TriangleAug 17, 2022 @ $86.00Aug 23, 2022 @ $94.92Loss-2.54R
TriangleAug 3, 2022 @ $86.81Nov 3, 2022 @ $74.85Loss-1.24R

PANW Support and Resistance Levels

Price is being turned away at a ceiling near $368.14 and starting to slide. On the weekly chart, the next floor below sits near $281.23 — about 23% away.

  • Traders commonly watch $281.23 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $368.14 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

Nearest auto-detected support sits near $359.14, resistance near $370.58. These are chart/swing-derived levels, not formula pivots.

Resistance
$370.58$539.55
Support
$359.14$357.95$348.47$281.33$141.56

PANW Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$351.60$367.50$349.07$366.34
Aug 3, 2026$336.49$347.70$330.00$347.13
Jul 31, 2026$332.34$333.98$319.48$331.83
Jul 30, 2026$316.03$326.30$313.05$325.68
Jul 29, 2026$319.38$322.11$310.46$314.15
Jul 28, 2026$317.51$323.40$308.54$319.00
Jul 27, 2026$331.51$331.81$316.70$317.32
Jul 24, 2026$328.09$330.00$321.69$323.79
Jul 23, 2026$335.58$336.57$321.87$325.63
Jul 22, 2026$342.98$344.19$328.64$335.28

PANW Frequently Asked Questions

What chart pattern is PANW forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Palo Alto Networks (PANW) on the daily chart, with a measured-move target of $216.51.
Is a rising wedge bullish or bearish?
The rising wedge detected on PANW is a bullish pattern, projecting a measured-move target of $216.51. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for PANW?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), PANW's nearest support is around $359.14 and nearest resistance around $370.58.
What is the price target if PANW's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $216.51 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PANW's closing price on Aug 4, 2026?
Palo Alto Networks (PANW) last closed at $366.34 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.