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'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 74% of all other stocks performed better in the past year than PNFP.
- PNFP is part of the Banks industry. There are 380 other stocks in this industry, of which 89% are performing better than PNFP.
- PNFP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PNFP is lagging the market.
- PNFP has an average volume of 1620410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month PNFP has a been trading in the 81.08 - 89.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PNFP Weekly and Daily overview Charts
PNFP Setup Rating and Analysis
Although the technical rating is bad, PNFP does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 84.87, 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 84.87. 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 87.48 to 87.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 97.74 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 | NEUTRAL | NEUTRAL | The short term trend for PNFP is neutral. |
| ChartMill Relative Strength | 26.42 | NEGATIVE | PNFP has a low relative strength, it was outperformed by 73.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PNFP is above 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) | 50.76 | NEUTRAL | The RSI value for PNFP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.88 | POSITIVE | The MACD value suggests PNFP has a positive trend. |
| Stochastics (14,3) | 88.84 | OVERBOUGHT | The high Stochastics value suggests PNFP may be overbought. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for PNFP suggests some volalility. |
| Average Directional Index/ADX (14) | 26.63 | 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
87.47
-0.38 (-0.43%)
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.
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 50.7619. 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 0.882884, 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 neutral.