PINNACLE WEST CAPITAL (PNW) Stock Technical Analysis
NYSE:PNW - New York Stock Exchange, Inc. - US7234841010 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to PNW. In the past year, PNW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, PNW is a bad performer in the overall market: 75% of all stocks are doing better.
PNW is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 65% are performing better than PNW.
In the last month PNW has a been trading in the 88.29 - 94.70 range, which is quite wide. It is currently trading near the lows of this range.
PNW has an average volume of 1154930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
The technical rating of PNW is bad and it also does not present a quality setup 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
87.93
96.38
We found 1 important support area.
- A support zone ranging from 88.82 to 88.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 90.47 to 95.43. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for PNW is neutral. |
| ChartMill Relative Strength | 25.54 | NEGATIVE | PNW has a low relative strength, it was outperformed by 74.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PNW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PNW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PNW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.57 | NEUTRAL | The RSI value for PNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests PNW has a negative trend. |
| Stochastics (14,3) | 28.56 | NEUTRAL | The Stochastics value for PNW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for PNW suggests low volalility. |
| Average Directional Index/ADX (14) | 19.03 | NEGATIVE | The low ADX value for PNW 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)
89.87
+1.18 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.33%
1 Week-4.79%
2 Weeks-2.84%
1 Month0.16%
3 Month-5.97%
6 Month1.99%
12 Month0.52%
2 Year7.09%
3 Year20.72%
5 Year6.75%
10 Year43.72%
15 Year132.84%
Volatility
ATR(14)1.55
ATR(20)%1.67%
ATR Inc57.57%
Range Today1.7
ADR(20)1.45
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.54
Mansfield-0.96
10 Day High94.7
10 Day Low88.69
20 Day High94.7
20 Day Low88.29
52 Week High96.5
52 Week Low81.47
CS1 EndN/A
CR1 Start88.82
Volume & EV
DER(3)-2.98%
DER(5)-1.25%
Volume1.35M
Volume Incr38.67%
Vol(5)1.51M
Vol(50)1.15M