PINNACLE WEST CAPITAL (PNW) Stock Technical Analysis
NYSE:PNW - New York Stock Exchange, Inc. - US7234841010 - Common Stock - Currency: USD
Overall PNW gets a technical rating of 4 out of 10. In the last year, PNW was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
When comparing the yearly performance of all stocks, we notice that PNW is one of the better performing stocks in the market, outperforming 80% of all stocks.
PNW is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PNW is performing more or less in line with the market.
PNW has an average volume of 1285900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
PNW is an average performer in the Electric Utilities industry, it outperforms 55% of 46 stocks in the same industry.
In the last month PNW has a been trading in the 87.22 - 95.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PNW has an average technical rating and also the quality of the setup is only medium 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
80.94
96.38
We found 2 important support areas.
- A support zone ranging from 87.60 to 88.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 81.76 to 81.76. 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 90.76 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 | DOWN | NEGATIVE | The short term trend for PNW is down. |
| ChartMill Relative Strength | 80.21 | POSITIVE | PNW has a high relative strength, it outperformed 80.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PNW is below a declining 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) | UP | POSITIVE | The current price of PNW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.22 | NEUTRAL | The RSI value for PNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests PNW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.99 | NEUTRAL | The Stochastics value for PNW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for PNW suggests low volalility. |
| Average Directional Index/ADX (14) | 21.2 | NEUTRAL | The ADX value for PNW suggests a possible start of a new 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)
90.75
+0.86 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.96%
1 Week-1.08%
2 Weeks-0.94%
1 Month-3.2%
3 Month-0.91%
6 Month-2.35%
12 Month18.13%
2 Year17.43%
3 Year16.87%
5 Year16.5%
10 Year48.97%
15 Year158.47%
Volatility
ATR(14)1.55
ATR(20)%1.85%
ATR Inc8.65%
Range Today1.44
ADR(20)1.59
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.21
Mansfield0.18
10 Day High92.95
10 Day Low87.22
20 Day High95.83
20 Day Low87.22
52 Week High96.5
52 Week Low74.45
CS1 End88.84
CR1 Start90.76
Volume & EV
DER(3)-3.21%
DER(5)-3.89%
Volume545.90K
Volume Incr-28.91%
Vol(5)930.76K
Vol(50)1.29M