PINNACLE FINANCIAL PARTNERS (PNFP) Stock Technical Analysis
USA - NASDAQ:PNFP - US72346Q1040 - Common Stock
96.02 USD
-1.66 (-1.7%)
96.02 USD
0 (0%)
Overall PNFP gets a technical rating of 1 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PNFP is a bad performer in the overall market: 81% of all stocks are doing better.
PNFP is part of the Banks industry. There are 392 other stocks in this industry, of which 90% are performing better than PNFP.
In the last month PNFP has a been trading in the 92.47 - 100.54 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PNFP has an average volume of 1565140 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 has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 96.95. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PNFP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
85.27
117.70
We found 2 important support areas.
- Support @95.47 from a trend line in the daily time frame.
- A support zone ranging from 86.13 to 88.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 96.95 to 99.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 116.19 to 116.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for PNFP is neutral. |
| ChartMill Relative Strength | 19.52 | NEGATIVE | PNFP has a low relative strength, it was outperformed by 80.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PNFP is below the rising 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) | 47.41 | NEUTRAL | The RSI value for PNFP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PNFP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.33 | NEUTRAL | The Stochastics value for PNFP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for PNFP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.82 | NEGATIVE | The low ADX value for PNFP suggests a weak or negative trend. |
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)
96.02
-1.66 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.7%
1 Week-1.38%
2 Weeks-1.39%
1 Month3.93%
3 Month-8.5%
6 Month-9.41%
12 Month-3.97%
2 Year43.23%
3 Year18.4%
5 Year169.8%
10 Year94.33%
15 Year944.83%
Volatility
ATR(14)2.25
ATR(20)%2.28%
ATR Inc-5.95%
Range Today2.36
ADR(20)2.18
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.52
Mansfield-2
10 Day High99.07
10 Day Low93.16
20 Day High100.54
20 Day Low92.47
52 Week High131.91
52 Week Low81.57
CS1 End95.47
CR1 Start96.95
Volume & EV
DER(3)3.89%
DER(5)2.24%
Volume2.08M
Volume Incr37.82%
Vol(5)1.52M
Vol(50)1.57M