US stock / ETF

Pinnacle West Capital Corporation

PNW · NYSE · USD

1 dayBearish83%
Daily Downside probability 83%Bearish

PNW 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $97.36 and stabilize above resistance $102.69.

Invalidation Trigger

Break above $102.69 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 29.7, MACD -0.062

Daily
Volatility EnvironmentBullish
Low volatility

ATR is $1.42 (1.5%)

Daily

EMA Structure

Bearish
EMA 8$95.89Bearish
EMA 21$97.36Bearish
EMA 50$99.63Bearish

Signals

CategoryReadStrength
Momentum
RSI 29.7 · MACD -0.062

Momentum is weak

Strength
Bearish
Volatility
ATR $1.42 · BB 4.75%

Low volatility

Strength
Bullish
Volume
MFI 37.0 · OBV -9.30%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$94.57 - $102.69

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.6% · 6.4 ATR above latest close

$104.11
Nearest resistance

+8.11% · 5.4 ATR above · 34-bar high

$102.69
Current price

Price shown is delayed

$94.99
Nearest support

-0.45% · 0.3 ATR below · 34-bar low

$94.57
Deeper support zone

-1.94% · 1.3 ATR below latest close

$93.14
ATR zone

Latest close ± ATR14

$93.57 - $96.41

Indicators

Trend

Dow Theory Structure

Confirmation $94.57, invalidation $98.38

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

21.0 / 25.6 / 12.5Bullish
Supertrend (10,3)

Price is above Supertrend

$91.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.32 / $102.86Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Low volatility

$1.42 (1.5%)Bullish
Bollinger Bands (20,2)

Width 4.75%

4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$100.22 / $94.29Bullish
ATR channel lower / upper

Current Volatility Envelope

$93.57 / $96.41Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.69Range
Support

Nearest Downside Decision Level

$94.57Range

Momentum

RSI (14)

Momentum is weak

29.7Bearish
MACD (12,26,9)

Histogram is negative

-0.062Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.8 / 9.1Bullish
Williams %R (14)

Oversold zone

-90.2Bullish
CCI (20)

Weak expansion

-146.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.0Bearish
OBV slope

20-period OBV slope

-9.30%Bearish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Trend

Dow Theory Structure

Confirmation $94.57, invalidation $98.38

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

21.0 / 25.6 / 12.5Bullish
Supertrend (10,3)

Price is above Supertrend

$91.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.32 / $102.86Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

29.7Bearish
MACD (12,26,9)

Histogram is negative

-0.062Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.8 / 9.1Bullish
Williams %R (14)

Oversold zone

-90.2Bullish
CCI (20)

Weak expansion

-146.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Low volatility

$1.42 (1.5%)Bullish
Bollinger Bands (20,2)

Width 4.75%

4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$100.22 / $94.29Bullish
ATR channel lower / upper

Current Volatility Envelope

$93.57 / $96.41Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.0Bearish
OBV slope

20-period OBV slope

-9.30%Bearish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.69Range
Support

Nearest Downside Decision Level

$94.57Range

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