Decline depth
—
Not currently in the rolling-252-day ≥20% decline universe.
Amber List
PANWPalo Alto Networks, Inc.
3.9σ
decline sigma — volatility-normalized move (typical daily 4.31%)
Current
$335.10
Decline depth
—
Decline σ
3.9σ
TFC
4/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since tracking began
$PANW has been tracked since 2026-03-01. It was down 32.9% from its 52-week high then — now $335.10.
It has clawed back 84.2 percentage points off that level. It bottomed 34.3% below that high along the way.
From the 52-week high as of 2026-03-02 to today. Split-adjusted. Observed, not a forecast.
Structural break signals
PANW qualifies for the Amber List on decline sigma.
Time-frame continuity
4/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Past the 4/5 Amber threshold.
Decline sigma
3.9σ
Drop over the last 20 bars in units of daily volatility (4.31%/day).
The structural read
What price action says about PANW.
PANW qualifies for the Amber List on decline sigma — the recent drop measures 3.9σ over a 20-bar window. Sigma scales the move by the stock's own typical daily volatility, so a small percentage drop in a normally-quiet name can land here when the bigger players miss it on a pure-percent threshold.
Cross-confirmation: also showing 4/5 bearish time frames.
Upstream TFC read: weak alignment, current phase daily. Last bar types — daily 2U (red), weekly 1 (green), monthly 2D (red).
Questions about PANW
What people ask.
Why is PANW on Broken Stocks?
PANW qualifies for the Amber List on decline sigma. The recent drop measures 3.9σ over a 20-bar window — large enough that even a small percentage drop is structurally significant given the stock's typical day-to-day volatility (4.31%).
Is PANW a falling knife?
PANW is on Broken Stocks for time-frame continuity or decline-sigma reasons rather than headline depth, so the falling-knife label doesn't cleanly apply. The phrase usually requires a meaningful percentage drop from a fresh high. See the structural break signals above for the axis that actually triggered the listing.
Is PANW a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is PANW trading inside its 52-week range?
At $335.10, PANW sits 49.9% of the way from its 52-week low ($271.49) to its 52-week high ($398.88). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.