US stock / ETF

Pinnacle West Capital Corporation

PNW · NYSE · USD

1 monthBullish80%
Monthly Upside probability 80%Bullish

PNW 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $65.2 and reclaim $111.16.

Invalidation Trigger

Lose $65.2 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 52.5, MACD -0.235

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $6.84 (7.2%)

Monthly

EMA Structure

Bullish
EMA 8$98.22Bearish
EMA 21$94.43Bullish
EMA 50$88.5Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.5 · MACD -0.235

Neutral zone

Strength
Range
Volatility
ATR $6.84 · BB 22.58%

High volatility

Strength
Bearish
Volume
MFI 49.0 · OBV 9.75%

Relative to 20-period average volume

Strength
Range
Price Levels
$65.2 - $111.16

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+24.22% · 3.4 ATR above latest close

$118
Nearest resistance

+17.02% · 2.4 ATR above · 34-bar high

$111.16
Current price

Price shown is delayed

$94.99
Nearest support

-31.36% · 4.4 ATR below · 34-bar low

$65.2
Deeper support zone

-38.56% · 5.4 ATR below latest close

$58.36
ATR zone

Latest close ± ATR14

$88.15 - $101.83

Indicators

Trend

Dow Theory Structure

Confirmation $111.16, invalidation $86.18

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

Trend strength is active

43.2 / 26.5 / 13.0Bullish
Supertrend (10,3)

Price is above Supertrend

$74.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.53 / $85.1Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Volatility

ATR (14)

High volatility

$6.84 (7.2%)Bearish
Bollinger Bands (20,2)

Width 22.58%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$109.59 / $79.88Bearish
ATR channel lower / upper

Current Volatility Envelope

$88.15 / $101.83Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.16Range
Support

Nearest Downside Decision Level

$65.2Range

Momentum

RSI (14)

Neutral zone

52.5Range
MACD (12,26,9)

Histogram is negative

-0.235Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.4 / 47.7Bearish
Williams %R (14)

Neutral zone

-62.6Range
CCI (20)

Balanced zone

19.0Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.0Range
OBV slope

20-period OBV slope

9.75%Bullish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Trend

Dow Theory Structure

Confirmation $111.16, invalidation $86.18

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

Trend strength is active

43.2 / 26.5 / 13.0Bullish
Supertrend (10,3)

Price is above Supertrend

$74.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$97.53 / $85.1Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Momentum

RSI (14)

Neutral zone

52.5Range
MACD (12,26,9)

Histogram is negative

-0.235Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.4 / 47.7Bearish
Williams %R (14)

Neutral zone

-62.6Range
CCI (20)

Balanced zone

19.0Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$6.84 (7.2%)Bearish
Bollinger Bands (20,2)

Width 22.58%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$109.59 / $79.88Bearish
ATR channel lower / upper

Current Volatility Envelope

$88.15 / $101.83Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.0Range
OBV slope

20-period OBV slope

9.75%Bullish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.16Range
Support

Nearest Downside Decision Level

$65.2Range

Related Forecasts