PINNACLE FINANCIAL PARTNERS (PNFP) Technical Analysis
NYSE:PNFP • US72348N1090
Current stock price
PNFP Technical Rating and Analysis
Overall PNFP gets a technical rating of 0 out of 10. PNFP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 82% of all other stocks performed better in the past year than PNFP.
- PNFP is part of the Banks industry. There are 381 other stocks in this industry, of which 92% are performing better than PNFP.
- PNFP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PNFP is lagging the market.
- In the last month PNFP has a been trading in the 82.53 - 101.50 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- PNFP has an average volume of 1861550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PNFP Weekly and Daily overview Charts
PNFP Setup Rating and Analysis
The technical rating of PNFP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
PNFP Support and Resistance Analysis
82.05
When analyzing the support we notice one important area.
- A support zone ranging from 82.88 to 82.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 91.51 to 93.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 99.35 to 99.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @101.53 from a horizontal line in the daily time frame.
- Resistance @109.69 from a trend line in the weekly time frame.
PNFP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PNFP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PNFP is down. |
| ChartMill Relative Strength | 18.05 | NEGATIVE | PNFP has a low relative strength, it was outperformed by 81.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PNFP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PNFP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PNFP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.41 | OVERSOLD | The low RSI value suggests PNFP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.06 | NEGATIVE | The MACD value suggests PNFP has a negative trend. |
| Stochastics (14,3) | 6.26 | OVERSOLD | The low Stochastics value suggests PNFP may be oversold. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for PNFP suggests some volalility. |
| Average Directional Index/ADX (14) | 26.76 | POSITIVE | The high ADX value value for PNFP suggests a strong trend. |
PNFP Chart- and CandleStick Pattern Analysis
PNFP Technicals: Chart, Performance Metrics, Trend & Indicators
82.89
-0.66 (-0.79%)
PINNACLE FINANCIAL PARTNERS / PNFP TA FAQ
Can you provide the ChartMill technical rating for PINNACLE FINANCIAL PARTNERS?
ChartMill assigns a technical rating of 0 / 10 to PNFP.
Can you provide the trend direction for PINNACLE FINANCIAL PARTNERS?
The current trend direction for PINNACLE FINANCIAL PARTNERS (PNFP) is Bearish.
What is the RSI signal for PINNACLE FINANCIAL PARTNERS (PNFP) stock?
PINNACLE FINANCIAL PARTNERS (PNFP) has an RSI value of 27.4065. This indicates that the stock is currently oversold.
Can you provide the short term momentum for PINNACLE FINANCIAL PARTNERS?
The short term momentum for PINNACLE FINANCIAL PARTNERS (PNFP) is negative.
What is the buy/sell signal for PINNACLE FINANCIAL PARTNERS (PNFP) stock?
The buy/sell signal for PINNACLE FINANCIAL PARTNERS (PNFP) is sell as both the short term and long term trends are negative.