PINNACLE WEST CAPITAL (PNW) Technical Analysis
NYSE:PNW • US7234841010
Current stock price
PNW Technical Rating and Analysis
Overall PNW gets a technical rating of 8 out of 10. Although PNW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- PNW is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PNW is leading the market.
- In the last month PNW has a been trading in the 96.75 - 103.97 range, which is quite wide. It is currently trading near the high of this range.
- PNW has an average volume of 1338860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, PNW outperforms 66% of them, which is more or less in line with the market.
- PNW is an average performer in the Electric Utilities industry, it outperforms 56% of 47 stocks in the same industry.
PNW Weekly and Daily overview Charts
PNW Setup Rating and Analysis
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
PNW Support and Resistance Analysis
85.01
2 important support areas can be observed.
- A support zone ranging from 97.27 to 100.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 85.87 to 89.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 102.91 to 103.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
PNW 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 | UP | POSITIVE | The long term trend for PNW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PNW is up. |
| ChartMill Relative Strength | 66.92 | 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) | UP | POSITIVE | The current price of PNW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PNW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.35 | NEUTRAL | The RSI value for PNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PNW has a positive trend. |
| Stochastics (14,3) | 68.01 | NEUTRAL | The Stochastics value for PNW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for PNW suggests low volalility. |
| Average Directional Index/ADX (14) | 19.48 | NEGATIVE | The low ADX value for PNW suggests a weak or negative trend. |
PNW Chart- and CandleStick Pattern Analysis
PNW Technicals: Chart, Performance Metrics, Trend & Indicators
102.7
+1.17 (+1.15%)
PINNACLE WEST CAPITAL / PNW TA FAQ
What is the technical rating for PNW stock?
ChartMill assigns a technical rating of 8 / 10 to PNW.
Can you provide the trend direction for PINNACLE WEST CAPITAL?
The current trend direction for PINNACLE WEST CAPITAL (PNW) is Bullish.
Can you provide the RSI signal for PINNACLE WEST CAPITAL?
PINNACLE WEST CAPITAL (PNW) has an RSI value of 63.3457. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PINNACLE WEST CAPITAL?
The MACD indicator for PINNACLE WEST CAPITAL (PNW) has a value of 0.0590706, indicating a bearish trend.
Can you provide the support and resistance levels for PINNACLE WEST CAPITAL?
PINNACLE WEST CAPITAL (PNW) has a support level at 100.53 and a resistance level at 102.91. Check the full technical report for our detailed analysis of PNW support and resistance levels.