PINNACLE WEST CAPITAL (PNW) Stock Technical Analysis
USA - NYSE:PNW - US7234841010 - Common Stock
89.66 USD
+2.01 (+2.29%)
89.66 USD
0 (0%)
Taking everything into account, PNW scores 3 out of 10 in our technical rating. PNW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
PNW is one of the lesser performing stocks in the Electric Utilities industry. 69% of 47 stocks in the same industry do better.
PNW has an average volume of 1095790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, PNW outperforms 40% of them, which is more or less in line with the market.
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.
In the last month PNW has a been trading in a tight range between 85.32 and 89.82.
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
83.19
96.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 89.09 to 89.36. 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 87.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @84.03 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 93.70 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 | NEUTRAL | NEUTRAL | The short term trend for PNW is neutral. |
| ChartMill Relative Strength | 40.21 | 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) | 58.1 | NEUTRAL | The RSI value for PNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests PNW has a positive trend. |
| Stochastics (14,3) | 72.05 | NEUTRAL | The Stochastics value for PNW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for PNW suggests low volalility. |
| Average Directional Index/ADX (14) | 26.57 | POSITIVE | The high ADX value value for PNW suggests a strong 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)
89.66
+2.01 (+2.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg2.29%
1 Week2.95%
2 Weeks4.38%
1 Month0.97%
3 Month-0.84%
6 Month-1.57%
12 Month1.91%
2 Year21.69%
3 Year38.99%
5 Year20.27%
10 Year39.79%
15 Year117.25%
Volatility
ATR(14)1.2
ATR(20)%1.28%
ATR Inc76.29%
Range Today2.19
ADR(20)1.13
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.21
Mansfield-1.06
10 Day High89.73
10 Day Low85.32
20 Day High89.82
20 Day Low85.32
52 Week High96.5
52 Week Low81.47
CS1 End89.36
CR1 Start93.7
Volume & EV
DER(3)0.83%
DER(5)0.91%
Volume1.59M
Volume Incr38.72%
Vol(5)1.29M
Vol(50)1.10M