NYSE:PNFP • US72348N1090
Taking everything into account, PNFP scores 0 out of 10 in our technical rating. PNFP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
82.06
When analyzing the resistance we notice 5 important areas.
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 | 18.09 | NEGATIVE | PNFP has a low relative strength, it was outperformed by 81.91% 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) | 28.28 | 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) | 9.98 | OVERSOLD | The low Stochastics value suggests PNFP may be oversold. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for PNFP suggests some volalility. |
| Average Directional Index/ADX (14) | 25.63 | POSITIVE | The high ADX value value for PNFP suggests a strong trend. |
82.89
-0.66 (-0.79%)
ChartMill assigns a technical rating of 0 / 10 to PNFP.
The current trend direction for PINNACLE FINANCIAL PARTNERS (PNFP) is Bearish.
PINNACLE FINANCIAL PARTNERS (PNFP) has an RSI value of 28.28. This indicates that the stock is currently oversold.
The short term momentum for PINNACLE FINANCIAL PARTNERS (PNFP) is negative.
The buy/sell signal for PINNACLE FINANCIAL PARTNERS (PNFP) is sell as both the short term and long term trends are negative.