Palo Alto Networks (PANW) is set to report its latest earnings Monday afternoon after the close of trading.
Let's check out the charts and see how PANW looks heading into the print.
In the updated daily bar chart of PANW, below, we can see that the shares have been unable to break above the $405 area. Prices are trading below the rising 50-day moving average line but above the 200-day line.
The On-Balance-Volume (OBV) line has moved sideways since early June suggesting there is a balance between buyers and sellers. The Moving Average Convergence Divergence (MACD) oscillator is below the zero line in sell territory.