PINNACLE WEST CAPITAL (PNW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PNW - US7234841010 - Common Stock
Overall PNW gets a technical rating of 4 out of 10. PNW has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
PNW has only a medium 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 88.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 88.41, a Stop Loss order could be placed below this zone.
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85.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 88.03 to 88.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 85.87 to 86.52. 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 88.82 to 88.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 92.56 to 95.43. 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 | NEUTRAL | NEUTRAL | The long term trend for PNW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PNW is up. |
| ChartMill Relative Strength | 52.74 | NEUTRAL | PNW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PNW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PNW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.52 | NEUTRAL | The RSI value for PNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests PNW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.72 | OVERBOUGHT | The high Stochastics value suggests PNW may be overbought. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for PNW suggests low volalility. |
| Average Directional Index/ADX (14) | 16.52 | NEGATIVE | The low ADX value for PNW suggests a weak or negative trend. |
88.7
-0.56 (-0.63%)
PINNACLE WEST CAPITAL / PNW FAQ
What is the technical rating for PNW stock?
ChartMill assigns a technical rating of 4 / 10 to PNW.
Can you provide the trend direction for PINNACLE WEST CAPITAL?
The current trend direction for PINNACLE WEST CAPITAL (PNW) is Bearish.
What is the RSI signal for PINNACLE WEST CAPITAL (PNW) stock?
PINNACLE WEST CAPITAL (PNW) has an RSI value of 51.5209. This indicates that the stock is currently neutral.
What is the MACD signal for PNW stock?
The MACD indicator for PINNACLE WEST CAPITAL (PNW) has a value of 0.186271, indicating a bearish trend.
What is the short term momentum for PINNACLE WEST CAPITAL (PNW) stock?
The short term momentum for PINNACLE WEST CAPITAL (PNW) is positive.