US stock / ETF

Pinnacle West Capital Corporation

PNW · NYSE · USD

12 hoursBearish90%
12h Downside probability 90%Bearish

PNW 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $102.49 and stabilize above resistance $117.25.

Invalidation Trigger

Break above $117.25 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 42.4, MACD -0.041

12h
Volatility EnvironmentRange
Low volatility

ATR is $2.02 (2%)

12h

EMA Structure

Bearish
EMA 8$101.02Bullish
EMA 21$102.49Bearish
EMA 50$103.74Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.4 · MACD -0.041

Momentum is weak

Strength
Bearish
Volatility
ATR $2.02 · BB 10.20%

Low volatility

Strength
Range
Volume
MFI 66.4 · OBV -1.45%

Relative to 20-period average volume

Strength
Range
Price Levels
$98 - $117.25

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+18.05% · 9.0 ATR above latest close

$119.27
Nearest resistance

+16.05% · 8.0 ATR above · 34-bar high

$117.25
Current price

Price shown is delayed

$101.03
Nearest support

-3% · 1.5 ATR below · 34-bar low

$98
Deeper support zone

-5% · 2.5 ATR below latest close

$95.98
ATR zone

Latest close ± ATR14

$99.01 - $103.05

Indicators

Trend

Dow Theory Structure

Confirmation $98, invalidation $102.69

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

Trend strength is active

42.0 / 26.0 / 32.1Bearish
Supertrend (10,3)

Price is above Supertrend

$95.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$103.99 / $107.63Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Volatility

ATR (14)

Low volatility

$2.02 (2%)Range
Bollinger Bands (20,2)

Width 10.20%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$106.39 / $98.39Range
ATR channel lower / upper

Current Volatility Envelope

$99.01 / $103.05Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$117.25Range
Support

Nearest Downside Decision Level

$98Range

Momentum

RSI (14)

Momentum is weak

42.4Bearish
MACD (12,26,9)

Histogram is negative

-0.041Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.9 / 19.7Bullish
Williams %R (14)

Neutral zone

-70.1Range
CCI (20)

Balanced zone

-48.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

66.4Bullish
OBV slope

20-period OBV slope

-1.45%Bearish
Volume ratio

Relative to 20-period average volume

1.20xBullish

Trend

Dow Theory Structure

Confirmation $98, invalidation $102.69

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

Trend strength is active

42.0 / 26.0 / 32.1Bearish
Supertrend (10,3)

Price is above Supertrend

$95.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$103.99 / $107.63Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Momentum

RSI (14)

Momentum is weak

42.4Bearish
MACD (12,26,9)

Histogram is negative

-0.041Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.9 / 19.7Bullish
Williams %R (14)

Neutral zone

-70.1Range
CCI (20)

Balanced zone

-48.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$2.02 (2%)Range
Bollinger Bands (20,2)

Width 10.20%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$106.39 / $98.39Range
ATR channel lower / upper

Current Volatility Envelope

$99.01 / $103.05Range

Volume / Money Flow

MFI (14)

Money flow is strong

66.4Bullish
OBV slope

20-period OBV slope

-1.45%Bearish
Volume ratio

Relative to 20-period average volume

1.20xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$117.25Range
Support

Nearest Downside Decision Level

$98Range

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