PINNACLE FINANCIAL PARTNERS (PNFP) Technical Analysis
NYSE:PNFP • US72348N1090
Current stock price
PNFP Technical Rating and Analysis
Taking everything into account, PNFP scores 5 out of 10 in our technical rating. In the last year, PNFP was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, PNFP is a bad performer in the overall market: 74% of all stocks are doing better.
- PNFP is one of the lesser performing stocks in the Banks industry. 87% of 376 stocks in the same industry do better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month PNFP has a been trading in the 82.44 - 99.54 range, which is quite wide. It is currently trading near the high of this range.
- PNFP has an average volume of 1503630 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.
PNFP Weekly and Daily overview Charts
PNFP Setup Rating and Analysis
PNFP has an average technical rating and the quality of the presented setup is also not ideal 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
When analyzing the support we can see 2 important areas.
- A support zone ranging from 90.58 to 92.12. 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.
We can see 4 important resistance areas.
- Resistance @96.42 from a trend line in the weekly time frame.
- 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 @108.13 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 | 26.87 | NEGATIVE | PNFP has a low relative strength, it was outperformed by 73.13% 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 | MIXED | The current price of PNFP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.48 | NEUTRAL | The RSI value for PNFP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests PNFP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.98 | NEUTRAL | The Stochastics value for PNFP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for PNFP suggests some volalility. |
| Average Directional Index/ADX (14) | 26.78 | 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
95.84
-3.24 (-3.27%)
PINNACLE FINANCIAL PARTNERS / PNFP TA FAQ
Can you provide the ChartMill technical rating for PINNACLE FINANCIAL PARTNERS?
ChartMill assigns a technical rating of 5 / 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 58.4838. 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 0.661365, indicating a bearish trend.
Can you provide the short term momentum for PINNACLE FINANCIAL PARTNERS?
The short term momentum for PINNACLE FINANCIAL PARTNERS (PNFP) is positive.