US stock / ETF

Pinnacle West Capital Corporation

PNW · NYSE · USD

1 hourRange47%
1h Range probability 94%Range

PNW 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Break either side of $94.68 - $98 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 41.7, MACD 0.058

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.4188 (0.44%)

1h

EMA Structure

Bearish
EMA 8$95.19Bearish
EMA 21$95.38Bearish
EMA 50$95.98Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.7 · MACD 0.058

Momentum is weak

Strength
Bearish
Volatility
ATR $0.4188 · BB 1.31%

Low volatility

Strength
Bullish
Volume
MFI 64.8 · OBV 6.65%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$94.68 - $98

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.61% · 8.2 ATR above latest close

$98.42
Nearest resistance

+3.17% · 7.2 ATR above · 34-bar high

$98
Current price

Price shown is delayed

$94.99
Nearest support

-0.33% · 0.8 ATR below · 34-bar low

$94.68
Deeper support zone

-0.77% · 1.8 ATR below latest close

$94.26
ATR zone

Latest close ± ATR14

$94.57 - $95.41

Indicators

Trend

Dow Theory Structure

Confirmation $94.68, invalidation $95.77

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

Trend strength is active

39.8 / 44.7 / 23.4Bullish
Supertrend (10,3)

Price is above Supertrend

$93.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$95.89 / $96.59Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Volatility

ATR (14)

Low volatility

$0.4188 (0.44%)Bullish
Bollinger Bands (20,2)

Width 1.31%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$96.28 / $94.44Bullish
ATR channel lower / upper

Current Volatility Envelope

$94.57 / $95.41Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98Range
Support

Nearest Downside Decision Level

$94.68Range

Momentum

RSI (14)

Momentum is weak

41.7Bearish
MACD (12,26,9)

Histogram is positive

0.058Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.0 / 16.3Bearish
Williams %R (14)

Oversold zone

-87.0Bullish
CCI (20)

Balanced zone

-56.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

64.8Bullish
OBV slope

20-period OBV slope

6.65%Bullish
Volume ratio

Relative to 20-period average volume

3.96xBullish

Trend

Dow Theory Structure

Confirmation $94.68, invalidation $95.77

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

Trend strength is active

39.8 / 44.7 / 23.4Bullish
Supertrend (10,3)

Price is above Supertrend

$93.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$95.89 / $96.59Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Momentum

RSI (14)

Momentum is weak

41.7Bearish
MACD (12,26,9)

Histogram is positive

0.058Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

13.0 / 16.3Bearish
Williams %R (14)

Oversold zone

-87.0Bullish
CCI (20)

Balanced zone

-56.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.4188 (0.44%)Bullish
Bollinger Bands (20,2)

Width 1.31%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$96.28 / $94.44Bullish
ATR channel lower / upper

Current Volatility Envelope

$94.57 / $95.41Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

64.8Bullish
OBV slope

20-period OBV slope

6.65%Bullish
Volume ratio

Relative to 20-period average volume

3.96xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98Range
Support

Nearest Downside Decision Level

$94.68Range

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