PANW Stage 2 Uptrend Intact; Bull Flag Setup Near 396 Pivot

Posted on by Eben@CANSLIM Research
PANW daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY, Stage 2 (Advancing), as of August 31, 2026 at 01:14 — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

Palo Alto Networks (PANW) is trading in a Stage 2 advancing trend, holding above a rising 30-week moving average with a 13.9% six-week slope. The stock is forming a two-week consolidation, or bull flag, after a 26.1% run, with a shallow 3.3% pullback and a potential pivot at 396.0. The technical setup is bullish, supported by seven of eight trend-template checks, though the relative strength line has yet to reach a three-month high.

Technical Analysis

As of 2026-08-27 · Close $382.85

Stage Analysis

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 13.92%)

Detected Patterns — What the Market Is Watching

  • Consolidation (not yet a fully-formed base) — depth 14.3%, length 2 weeks, pivot $396.0
  • Bull Flag after a 26.1% run, currently 3.3% off the flag high

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