US stock / ETF

Pinnacle West Capital Corporation

PNW · NYSE · USD

1 hourBearish60%
1h Downside probability 60%Bearish

PNW 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $101.33 and stabilize above resistance $102.69.

Invalidation Trigger

Break above $102.69 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 47.3, MACD 0.045

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5015 (0.5%)

1h

EMA Structure

Range
EMA 8$101.49Bearish
EMA 21$101.33Bearish
EMA 50$101.52Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.3 · MACD 0.045

Neutral zone

Strength
Bearish
Volatility
ATR $0.5015 · BB 2.27%

Low volatility

Strength
Bullish
Volume
MFI 28.8 · OBV -30.23%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$98.8 - $102.69

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.14% · 4.3 ATR above latest close

$103.19
Nearest resistance

+1.64% · 3.3 ATR above · 34-bar high

$102.69
Current price

Price shown is delayed

$101.03
Nearest support

-2.21% · 4.4 ATR below · 34-bar low

$98.8
Deeper support zone

-2.7% · 5.4 ATR below latest close

$98.3
ATR zone

Latest close ± ATR14

$100.53 - $101.53

Indicators

Trend

Dow Theory Structure

Confirmation $102.28, invalidation $100.26

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

8.7 / 31.5 / 36.9Bearish
Supertrend (10,3)

Price is above Supertrend

$99.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$101.31 / $100.35Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Volatility

ATR (14)

Low volatility

$0.5015 (0.5%)Bullish
Bollinger Bands (20,2)

Width 2.27%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.25 / $100.43Bullish
ATR channel lower / upper

Current Volatility Envelope

$100.53 / $101.53Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.69Range
Support

Nearest Downside Decision Level

$98.8Range

Momentum

RSI (14)

Neutral zone

47.3Range
MACD (12,26,9)

Histogram is positive

0.045Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.2 / 68.6Bearish
Williams %R (14)

Neutral zone

-54.8Range
CCI (20)

Balanced zone

-35.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.8Bearish
OBV slope

20-period OBV slope

-30.23%Bearish
Volume ratio

Relative to 20-period average volume

3.21xBullish

Trend

Dow Theory Structure

Confirmation $102.28, invalidation $100.26

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

8.7 / 31.5 / 36.9Bearish
Supertrend (10,3)

Price is above Supertrend

$99.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$101.31 / $100.35Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Momentum

RSI (14)

Neutral zone

47.3Range
MACD (12,26,9)

Histogram is positive

0.045Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.2 / 68.6Bearish
Williams %R (14)

Neutral zone

-54.8Range
CCI (20)

Balanced zone

-35.1Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.5015 (0.5%)Bullish
Bollinger Bands (20,2)

Width 2.27%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$102.25 / $100.43Bullish
ATR channel lower / upper

Current Volatility Envelope

$100.53 / $101.53Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.8Bearish
OBV slope

20-period OBV slope

-30.23%Bearish
Volume ratio

Relative to 20-period average volume

3.21xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$102.69Range
Support

Nearest Downside Decision Level

$98.8Range

Related Forecasts