US stock / ETF

Pinnacle West Capital Corporation

PNW · NYSE · USD

12 hoursBearish79%
12h Downside probability 79%Bearish

PNW 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $97.28 and stabilize above resistance $102.28.

Invalidation Trigger

Break above $102.28 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 33.5, MACD -0.115

12h
Volatility EnvironmentBullish
Low volatility

ATR is $1.27 (1.34%)

12h

EMA Structure

Bearish
EMA 8$96.02Bearish
EMA 21$97.28Bearish
EMA 50$99.37Bearish

Signals

CategoryReadStrength
Momentum
RSI 33.5 · MACD -0.115

Momentum is weak

Strength
Bearish
Volatility
ATR $1.27 · BB 4.33%

Low volatility

Strength
Bullish
Volume
MFI 46.5 · OBV -5.25%

Relative to 20-period average volume

Strength
Range
Price Levels
$94.68 - $102.28

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.01% · 6.7 ATR above latest close

$103.55
Nearest resistance

+7.67% · 5.7 ATR above · 34-bar high

$102.28
Current price

Price shown is delayed

$94.99
Nearest support

-0.33% · 0.2 ATR below · 34-bar low

$94.68
Deeper support zone

-1.67% · 1.2 ATR below latest close

$93.4
ATR zone

Latest close ± ATR14

$93.72 - $96.26

Indicators

Trend

Dow Theory Structure

Confirmation $98.51, invalidation $96.6

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

21.9 / 19.1 / 22.7Bearish
Supertrend (10,3)

Price is above Supertrend

$91.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.4 / $105.96Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Volatility

ATR (14)

Low volatility

$1.27 (1.34%)Bullish
Bollinger Bands (20,2)

Width 4.33%

-2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$99.9 / $94.48Bullish
ATR channel lower / upper

Current Volatility Envelope

$93.72 / $96.26Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.28Range
Support

Nearest Downside Decision Level

$94.68Range

Momentum

RSI (14)

Momentum is weak

33.5Bearish
MACD (12,26,9)

Histogram is negative

-0.115Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.2 / 6.0Bullish
Williams %R (14)

Oversold zone

-91.8Bullish
CCI (20)

Weak expansion

-164.5Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.5Range
OBV slope

20-period OBV slope

-5.25%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Trend

Dow Theory Structure

Confirmation $98.51, invalidation $96.6

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

21.9 / 19.1 / 22.7Bearish
Supertrend (10,3)

Price is above Supertrend

$91.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.4 / $105.96Bearish
Donchian Channel (20)

20-period breakout channel position

7%Bearish

Momentum

RSI (14)

Momentum is weak

33.5Bearish
MACD (12,26,9)

Histogram is negative

-0.115Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.2 / 6.0Bullish
Williams %R (14)

Oversold zone

-91.8Bullish
CCI (20)

Weak expansion

-164.5Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$1.27 (1.34%)Bullish
Bollinger Bands (20,2)

Width 4.33%

-2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$99.9 / $94.48Bullish
ATR channel lower / upper

Current Volatility Envelope

$93.72 / $96.26Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.5Range
OBV slope

20-period OBV slope

-5.25%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.28Range
Support

Nearest Downside Decision Level

$94.68Range

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