PINNACLE FINANCIAL PARTNERS (PNFP) Technical Analysis
NYSE:PNFP • US72348N1090
Current stock price
93.71 USD
+0.86 (+0.93%)
At close:
90.19 USD
-3.52 (-3.76%)
Pre-Market:
PNFP Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to PNFP. Recently some decent action could be observed, but in the medium term time frame this is still negative. PNFP was also a bad performer in the overall market in the last year.
- 75% of all other stocks performed better in the past year than PNFP.
- PNFP is one of the lesser performing stocks in the Banks industry. 89% of 377 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month PNFP has a been trading in the 81.08 - 94.37 range, which is quite wide. It is currently trading near the high of this range.
- PNFP has an average volume of 1520260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PNFP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PNFP is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
81.28
109.47
2 important support areas can be observed.
- A support zone ranging from 90.18 to 91.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 82.10 to 84.38. 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 96.91 to 96.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @99.35 from a horizontal line in the daily time frame.
- A resistance zone ranging from 101.53 to 102.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @108.39 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 | NEUTRAL | NEUTRAL | The long term trend for PNFP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PNFP is up. |
| ChartMill Relative Strength | 25.13 | NEGATIVE | PNFP has a low relative strength, it was outperformed by 74.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNFP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PNFP is above 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) | 65.47 | NEUTRAL | The RSI value for PNFP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.31 | POSITIVE | The MACD value suggests PNFP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.68 | OVERBOUGHT | The high Stochastics value suggests PNFP may be overbought. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for PNFP suggests some volalility. |
| Average Directional Index/ADX (14) | 22.19 | NEUTRAL | The ADX value for PNFP suggests a possible start of a new trend. |
PNFP Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
PNFP Technicals: Chart, Performance Metrics, Trend & Indicators
93.71
+0.86 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.93%
1 Week6.11%
2 Weeks12.03%
1 Month12.46%
3 Month-4.8%
6 Month7.69%
12 Month-1.47%
2 Year22.18%
3 Year72.8%
5 Year6.93%
10 Year90.58%
15 Year483.14%
Volatility
ATR(14)2.46
ATR(20)%2.54%
ATR Inc-3.56%
Range Today2.71
ADR(20)2.14
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.13
3 months CRS31.85
6 months CRS68.61
Mansfield-0.99
10 Day High94.37
10 Day Low84.16
20 Day High94.37
20 Day Low81.08
52 Week High120.46
52 Week Low81.08
CS1 End91.18
CR1 Start96.91
Volume & EV
DER(3)-1.35%
DER(5)-0.21%
Volume1.35M
Volume Incr1.59%
Vol(5)1.50M
Vol(50)1.52M
PINNACLE FINANCIAL PARTNERS / PNFP TA FAQ
Can you provide the ChartMill technical rating for PINNACLE FINANCIAL PARTNERS?
ChartMill assigns a technical rating of 3 / 10 to PNFP.
What is the current trend direction of PINNACLE FINANCIAL PARTNERS (PNFP) stock?
The current trend direction for PINNACLE FINANCIAL PARTNERS (PNFP) is Bearish.
Can you provide the RSI signal for PINNACLE FINANCIAL PARTNERS?
PINNACLE FINANCIAL PARTNERS (PNFP) has an RSI value of 65.4657. This indicates that the stock is currently neutral.
What is the MACD signal for PINNACLE FINANCIAL PARTNERS (PNFP) stock?
The MACD indicator for PINNACLE FINANCIAL PARTNERS (PNFP) has a value of 1.31413, indicating a bullish trend.
Can you provide the short term momentum for PINNACLE FINANCIAL PARTNERS?
The short term momentum for PINNACLE FINANCIAL PARTNERS (PNFP) is positive.