Palo Alto Networks (#PALOALTO) weekly special report based on 1 Lot Calculation:
PALO ALTO: THE COMPANY
- COMPANY: Palo Alto is an American multinational cybersecurity company, helping companies against hacker attacks, among other things.
- MAIN PRODUCTS: The core product is a platform that includes advanced firewalls and cloud-based offerings that extend those firewalls to cover other aspects of security. Some of the products include: Network Security Platform; Advanced WildFire; DNS Security; Data Loss Prevention; Next-Generation Firewalls.
- PALO ALTO IN THE WORLD OF ARTIFICIAL INTELLIGENCE (PRECISION AI): Palo Alto Networks has been a pioneer in integrating Machine L and AI capabilities into its products and workflows. On a typical day, the company uses more than 1,300 AI models to analyze millions of new telemetry objects globally. Each day, the company detects approximately 1.6 million new and unique attacks that were not there the day before and blocks about 8.6 billion attacks.
PALO ALTO: EVENTS
- STOCK SPLIT (EFFECTIVE: MONDAY, DECEMBER 16): 2- for- 1. According to Investopedia, Palo Alto Networks will double its existing number of shares with a 2-for-1 split, meaning shareholders of record as of December 12 will receive an additional share for each one they own after the market closes on December 13. The new number of shares and halved price will take effect Dec. 16.
- HISTORICAL PERFORMANCE (BEFORE STOCK SPLIT): STOCK PRICES TEND TO RISE ON AVERAGE BY AROUND 26% BETWEEN THE STOCK SPLIT ANNOUNCEMENT DATE AND THE STOCK SPLIT DATE
Data Source: MetaTrader 4 Platform
Please note that past performance does not guarantee future results
- SIX-MONTH AVERAGE PERFORMANCE (2024 STOCK SPLITS): STOCKS TEND TO RISE BY AROUND 24% OVER A PERIOD OF 6 MONTHS ON AVERAGE AFTER THE STOCK SPLIT DATE
Data Source: MetaTrader 4 Platform
Please note that past performance does not guarantee future results
PALO ALTO: MARKET SHARE
- PALO ALTO: Palo Alto Palo Networks remain a leader in the security appliance, with a market share of 22%.
Source: STATISTA.COM
PALO ALTO: ANALYSIS
- FINANCIALS: REVENUE AND EARNINGS KEEP RISING. Palo Alto Revenue grew nearly 14% year on year, raking in 2.14 billion dollars in Q3 of 2024. The company saw an increase in net earnings of around 34% year on year, recording nearly 264 million dollars in net earnings. The company is expected to increase revenue next quarter to 2.24 billion dollars, while net income is expected to rise to 546.4 million dollars, which would be an increase of around 120% year on year.
#PALOALTO, December 13, 2024
Current Price: 399
|
Palo Alto |
Weekly |
|
Trend direction |
|
|
550 |
|
|
500 |
|
|
445 |
|
|
355 |
|
|
330 |
|
|
300 |
Example of calculation based on weekly trend direction for 1 Lot1
|
Palo Alto |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
15,100 |
10,100 |
4,600 |
-4,400 |
-6,900 |
-9,900 |
|
Profit or loss in €2 |
14,367 |
9,610 |
4,377 |
-4,186 |
-6,565 |
-9,420 |
|
Profit or loss in £2 |
11,828 |
7,911 |
3,603 |
-3,446 |
-5,405 |
-7,755 |
|
Profit or loss in C$2 |
21,353 |
14,283 |
6,505 |
-6,222 |
-9,757 |
-14,000 |
1. 1.00 lot is equivalent of 100 units
2. Calculations for exchange rate used as of 07:00 (GMT) 13/12/2024
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.