US stock / ETF

Pinnacle West Capital Corporation

PNW · NYSE · USD

1 dayBearish89%
Daily Downside probability 89%Bearish

PNW 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $103.37 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 38.7, MACD -0.475

Daily
Volatility EnvironmentRange
Low volatility

ATR is $2.2 (2.18%)

Daily

EMA Structure

Bearish
EMA 8$101.6Bearish
EMA 21$103.37Bearish
EMA 50$103.83Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.7 · MACD -0.475

Momentum is weak

Strength
Bearish
Volatility
ATR $2.2 · BB 11.87%

Low volatility

Strength
Range
Volume
MFI 50.9 · OBV -12.49%

Relative to 20-period average volume

Strength
Range
Price Levels
$98.52 - $111.16

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.2% · 5.6 ATR above latest close

$113.36
Nearest resistance

+10.03% · 4.6 ATR above · 34-bar high

$111.16
Current price

Price shown is delayed

$101.03
Nearest support

-2.48% · 1.1 ATR below · 34-bar low

$98.52
Deeper support zone

-4.66% · 2.1 ATR below latest close

$96.32
ATR zone

Latest close ± ATR14

$98.83 - $103.23

Indicators

Trend

Dow Theory Structure

Confirmation $98.52, invalidation $102.69

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

Trend strength is moderate

15.7 / 19.2 / 21.3Bearish
Supertrend (10,3)

Price is above Supertrend

$94.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$103.42 / $104.26Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

Low volatility

$2.2 (2.18%)Range
Bollinger Bands (20,2)

Width 11.87%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$107.97 / $98.61Range
ATR channel lower / upper

Current Volatility Envelope

$98.83 / $103.23Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.16Range
Support

Nearest Downside Decision Level

$98.52Range

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-0.475Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.1 / 24.9Bullish
Williams %R (14)

Neutral zone

-73.9Range
CCI (20)

Balanced zone

-74.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.9Range
OBV slope

20-period OBV slope

-12.49%Bearish
Volume ratio

Relative to 20-period average volume

0.92xRange

Trend

Dow Theory Structure

Confirmation $98.52, invalidation $102.69

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

Trend strength is moderate

15.7 / 19.2 / 21.3Bearish
Supertrend (10,3)

Price is above Supertrend

$94.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$103.42 / $104.26Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

38.7Bearish
MACD (12,26,9)

Histogram is negative

-0.475Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.1 / 24.9Bullish
Williams %R (14)

Neutral zone

-73.9Range
CCI (20)

Balanced zone

-74.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$2.2 (2.18%)Range
Bollinger Bands (20,2)

Width 11.87%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$107.97 / $98.61Range
ATR channel lower / upper

Current Volatility Envelope

$98.83 / $103.23Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.9Range
OBV slope

20-period OBV slope

-12.49%Bearish
Volume ratio

Relative to 20-period average volume

0.92xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.16Range
Support

Nearest Downside Decision Level

$98.52Range

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