The best indicator for Palo Alto Networks (PANW)
We backtested 382 indicators across daily, weekly and hourly charts on real Palo Alto Networks (PANW) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Palo Alto Networks (PANW) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
On-Balance Volume
On the daily chart, this is the strongest risk-adjusted edge we found for Palo Alto Networks (PANW) over ~14.2 years — beating buy-and-hold by 0.8% CAGR.
Palo Alto Networks (PANW) on the daily chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Palo Alto Networks (PANW) — trailing buy-and-hold by 10.5% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | On-Balance Volume ✓ | Daily | 31.4% | 1.11 | -34.9% | 43.7% | 222 | 0.8% |
| 2 | Zero-Lag MACD ✓ | Weekly | 27.5% | 1.06 | -32.5% | 49.2% | 59 | -3.1% |
| 3 | Volume Zone Oscillator ✓ | Daily | 26.1% | 0.99 | -37.0% | 45.8% | 325 | -4.5% |
| 4 | Markov Regime ✓ | Weekly | 28.2% | 0.94 | -45.0% | 58.1% | 31 | -2.4% |
| 5 | QQE ✓ | Weekly | 30.2% | 0.91 | -49.8% | 56.8% | 37 | -0.4% |
| 6 | Stochastic Momentum Index ✓ | Weekly | 12.7% | 0.95 | -12.2% | 85.7% | 14 | -17.9% |
| 7 | Trade Volume Index ✓ | Daily | 22.2% | 0.86 | -35.9% | 45.1% | 144 | -8.4% |
| 8 | Zero-Lag LSMA ✓ | Weekly | 18.2% | 0.83 | -50.4% | 50.0% | 58 | -12.4% |
| 9 | QQE ✓ | Daily | 26.4% | 0.82 | -43.9% | 45.9% | 207 | -4.2% |
| 10 | McGinley 200 Trend ✓ | Daily | 27.2% | 0.82 | -51.0% | 37.5% | 16 | -3.4% |
| 11 | Elder Ray (Bull/Bear Power) ✓ | Weekly | 19.9% | 0.82 | -37.1% | 55.6% | 36 | -10.6% |
| 12 | Net Volume ✓ | Weekly | 22.7% | 0.82 | -34.1% | 47.2% | 36 | -7.8% |
| 13 | Liquidity Flow Oscillator ✓ | Weekly | 22.7% | 0.82 | -34.1% | 47.2% | 36 | -7.8% |
| 14 | Center of Gravity ✓ | Weekly | 18.1% | 0.81 | -37.0% | 53.7% | 82 | -12.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Palo Alto Networks (PANW)
10 of 590 tested setups beat buy-and-hold on Palo Alto Networks (PANW) outright. Another 156 could get there with leverage they would survive — but 308 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Demand Index | 1 | 1.2× | 3.0× |
| Stochastic Fast (5,3) | 1 | 1.36× | 2.86× |
| QQE | 1 | 1.39× | 2.59× |
| Chande Kroll Stop | 1 | 1.69× | 2.56× |
| Woodie Pivots | 1 | 2.44× | 3.0× |
| Heikin-Ashi Trend | 1 | none needed | 3.02× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Palo Alto Networks (PANW), On-Balance Volume on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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