PINNACLE WEST CAPITAL (PNW)
US7234841010 - Common Stock
Overall PNW gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PNW is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month PNW has a been trading in the 70.72 - 77.74 range, which is quite wide. It is currently trading near the high of this range.
PNW has an average volume of 1057360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, PNW turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
PNW is an average performer in the Electric Utilities industry, it outperforms 56% of 45 stocks in the same industry.
PNW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PNW is lagging the market.
Although PNW has an excellent technical rating, the quality of the presented setup is 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
65.73
79.95
When analyzing the support we can see 4 important areas.
- A support zone ranging from 73.30 to 76.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @71.99 from a horizontal line in the daily time frame.
- Support @68.20 from a trend line in the weekly time frame.
- A support zone ranging from 66.39 to 67.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @79.16 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.65
Mansfield-0.89
10 Day High77.74
10 Day Low72.78
20 Day High77.74
20 Day Low70.72
52 Week High86.03
52 Week Low65.2
Performance
1 Week1.25%
2 Weeks2.74%
1 Month6.73%
3 Month13.31%
6 Month6.93%
12 Month-0.72%
2 Year-0.89%
3 Year-9.01%
5 Year-18.05%
10 Year38.87%
15 Year178.34%
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)
Technical Indicators
MACD(12,26,9)0.2
RSI(14)64.95
LBB73.06
UBB78
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 79.17 | 72.77 | 6.40 (8.08%) | 12.37% |
| An entry @79.17. This is a Buy Stop order right above the resistance zone. | An exit @72.77. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.40 points, which is 8.08%. | When investing 12.37% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PINNACLE WEST CAPITAL
NYSE:PNW (5/13/2024, 7:04:00 PM)
After market: 76.96 0 (0%)76.96
-0.28 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.36%
1 Week1.25%
2 Weeks2.74%
1 Month6.73%
3 Month13.31%
6 Month6.93%
12 Month-0.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.31
ATR(20)%1.67%
ATR Inc
Range Today1.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High77.74
10 Day Low72.78
20 Day High77.74
20 Day Low70.72
52 Week High86.03
52 Week Low65.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume717.40K
Volume Incr-13.71%
Vol(5)854.46K
Vol(50)1.06M