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 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PNFP is a bad performer in the overall market: 77% of all stocks are doing better.
- PNFP is part of the Banks industry. There are 380 other stocks in this industry, of which 91% 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.
- PNFP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- PNFP has an average volume of 1634580 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
PNFP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 83.55, a Stop Loss order could be placed below this zone.
More info and screens
PNFP Support and Resistance Analysis
81.28
We found 1 important support area.
- A support zone ranging from 82.10 to 83.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 83.66 to 85.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 98.01 to 99.35. 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 @108.91 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 | 23.53 | NEGATIVE | PNFP has a low relative strength, it was outperformed by 76.47% 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) | 36.79 | NEUTRAL | The RSI value for PNFP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests PNFP has a positive trend. |
| Stochastics (14,3) | 38.9 | NEUTRAL | The Stochastics value for PNFP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for PNFP suggests some volalility. |
| Average Directional Index/ADX (14) | 31.04 | 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
83.65
+0.7 (+0.84%)
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 36.7878. This indicates that the stock is currently neutral.
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.