US stock / ETF

Pinnacle West Capital Corporation

PNW · NYSE · USD

1 hourBearish71%
1h Downside probability 71%Bearish

PNW 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $108.37 and stabilize above resistance $110.85.

Invalidation Trigger

Break above $110.85 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 44.2, MACD -0.146

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6400 (0.59%)

1h

EMA Structure

Range
EMA 8$108.17Bearish
EMA 21$108.37Bearish
EMA 50$108.31Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.2 · MACD -0.146

Momentum is weak

Strength
Bearish
Volatility
ATR $0.6400 · BB 3.28%

Low volatility

Strength
Bullish
Volume
MFI 34.4 · OBV -11.76%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$107.06 - $110.85

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.49% · 5.9 ATR above latest close

$111.49
Nearest resistance

+2.89% · 4.9 ATR above · 34-bar high

$110.85
Current price

Price shown is delayed

$107.73
Nearest support

-0.62% · 1.0 ATR below · 34-bar low

$107.06
Deeper support zone

-1.22% · 2.0 ATR below latest close

$106.42
ATR zone

Latest close ± ATR14

$107.09 - $108.37

Indicators

Trend

Dow Theory Structure

Confirmation $110.85, invalidation $107.34

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

Trend strength is active

25.0 / 35.0 / 32.5Bullish
Supertrend (10,3)

Price is above Supertrend

$105.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$109.02 / $108.95Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

Low volatility

$0.6400 (0.59%)Bullish
Bollinger Bands (20,2)

Width 3.28%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$109.92 / $106.82Bullish
ATR channel lower / upper

Current Volatility Envelope

$107.09 / $108.37Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$110.85Range
Support

Nearest Downside Decision Level

$107.06Range

Momentum

RSI (14)

Momentum is weak

44.2Bearish
MACD (12,26,9)

Histogram is negative

-0.146Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.1 / 9.2Bullish
Williams %R (14)

Oversold zone

-88.9Bullish
CCI (20)

Balanced zone

-56.9Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.4Bearish
OBV slope

20-period OBV slope

-11.76%Bearish
Volume ratio

Relative to 20-period average volume

5.56xBullish

Trend

Dow Theory Structure

Confirmation $110.85, invalidation $107.34

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

Trend strength is active

25.0 / 35.0 / 32.5Bullish
Supertrend (10,3)

Price is above Supertrend

$105.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$109.02 / $108.95Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

44.2Bearish
MACD (12,26,9)

Histogram is negative

-0.146Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.1 / 9.2Bullish
Williams %R (14)

Oversold zone

-88.9Bullish
CCI (20)

Balanced zone

-56.9Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$0.6400 (0.59%)Bullish
Bollinger Bands (20,2)

Width 3.28%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$109.92 / $106.82Bullish
ATR channel lower / upper

Current Volatility Envelope

$107.09 / $108.37Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.4Bearish
OBV slope

20-period OBV slope

-11.76%Bearish
Volume ratio

Relative to 20-period average volume

5.56xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$110.85Range
Support

Nearest Downside Decision Level

$107.06Range

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