US stock / ETF

Pinnacle West Capital Corporation

PNW · NYSE · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

PNW 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $100.03 and stabilize above resistance $111.16.

Invalidation Trigger

Break above $111.16 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 35.7, MACD -0.059

Daily
Volatility EnvironmentBullish
Low volatility

ATR is $1.4 (1.43%)

Daily

EMA Structure

Bearish
EMA 8$98.46Bearish
EMA 21$100.03Bearish
EMA 50$101.78Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.7 · MACD -0.059

Momentum is weak

Strength
Bearish
Volatility
ATR $1.4 · BB 5.43%

Low volatility

Strength
Bullish
Volume
MFI 43.5 · OBV 0.72%

Relative to 20-period average volume

Strength
Range
Price Levels
$96.6 - $111.16

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.98% · 10.5 ATR above latest close

$112.56
Nearest resistance

+13.56% · 9.5 ATR above · 34-bar high

$111.16
Current price

Price shown is delayed

$97.89
Nearest support

-1.32% · 0.9 ATR below · 34-bar low

$96.6
Deeper support zone

-2.74% · 1.9 ATR below latest close

$95.2
ATR zone

Latest close ± ATR14

$96.49 - $99.29

Indicators

Trend

Dow Theory Structure

Confirmation $97.11, invalidation $98.96

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

Trend strength is active

24.7 / 12.6 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$93.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$100.78 / $103.88Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Volatility

ATR (14)

Low volatility

$1.4 (1.43%)Bullish
Bollinger Bands (20,2)

Width 5.43%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.77 / $97.07Bullish
ATR channel lower / upper

Current Volatility Envelope

$96.49 / $99.29Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.16Range
Support

Nearest Downside Decision Level

$96.6Range

Momentum

RSI (14)

Momentum is weak

35.7Bearish
MACD (12,26,9)

Histogram is negative

-0.059Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.9 / 26.6Bearish
Williams %R (14)

Neutral zone

-75.1Range
CCI (20)

Weak expansion

-128.6Bearish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.5Bearish
OBV slope

20-period OBV slope

0.72%Bullish
Volume ratio

Relative to 20-period average volume

1.07xRange

Trend

Dow Theory Structure

Confirmation $97.11, invalidation $98.96

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

Trend strength is active

24.7 / 12.6 / 33.1Bearish
Supertrend (10,3)

Price is above Supertrend

$93.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$100.78 / $103.88Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Momentum

RSI (14)

Momentum is weak

35.7Bearish
MACD (12,26,9)

Histogram is negative

-0.059Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.9 / 26.6Bearish
Williams %R (14)

Neutral zone

-75.1Range
CCI (20)

Weak expansion

-128.6Bearish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$1.4 (1.43%)Bullish
Bollinger Bands (20,2)

Width 5.43%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.77 / $97.07Bullish
ATR channel lower / upper

Current Volatility Envelope

$96.49 / $99.29Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.5Bearish
OBV slope

20-period OBV slope

0.72%Bullish
Volume ratio

Relative to 20-period average volume

1.07xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.16Range
Support

Nearest Downside Decision Level

$96.6Range

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