US stock / ETF

Pinnacle West Capital Corporation

PNW · NYSE · USD

1 monthBullish86%
Monthly Upside probability 86%Bullish

PNW 1M chart

EMA21EMA50Bollinger
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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 StateBullish
Momentum improving

RSI 55.5, MACD -0.444

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $7.23 (7.36%)

Monthly

EMA Structure

Bullish
EMA 8$97.89Bullish
EMA 21$94.61Bullish
EMA 50$88.81Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.5 · MACD -0.444

Momentum is strong

Strength
Bullish
Volatility
ATR $7.23 · BB 22.68%

High volatility

Strength
Bearish
Volume
MFI 51.5 · OBV -36.86%

Relative to 20-period average volume

Strength
Range
Price Levels
$65.2 - $111.16

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+20.51% · 2.8 ATR above latest close

$118.39
Nearest resistance

+13.15% · 1.8 ATR above · 34-bar high

$111.16
Current price

Price shown is delayed

$98.24
Nearest support

-33.63% · 4.6 ATR below · 34-bar low

$65.2
Deeper support zone

-40.99% · 5.6 ATR below latest close

$57.97
ATR zone

Latest close ± ATR14

$91.01 - $105.47

Indicators

Trend

Dow Theory Structure

Confirmation $111.16, invalidation $86.18

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

Trend strength is active

39.7 / 25.1 / 16.5Bullish
Supertrend (10,3)

Price is above Supertrend

$70.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$98.52 / $85.1Bearish
Donchian Channel (20)

20-period breakout channel position

50%Bullish

Volatility

ATR (14)

High volatility

$7.23 (7.36%)Bearish
Bollinger Bands (20,2)

Width 22.68%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$111.02 / $78.78Bearish
ATR channel lower / upper

Current Volatility Envelope

$91.01 / $105.47Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.16Range
Support

Nearest Downside Decision Level

$65.2Range

Momentum

RSI (14)

Momentum is strong

55.5Bullish
MACD (12,26,9)

Histogram is negative

-0.444Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.0 / 41.6Bullish
Williams %R (14)

Neutral zone

-50.0Range
CCI (20)

Balanced zone

18.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.5Range
OBV slope

20-period OBV slope

-36.86%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Trend

Dow Theory Structure

Confirmation $111.16, invalidation $86.18

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

Trend strength is active

39.7 / 25.1 / 16.5Bullish
Supertrend (10,3)

Price is above Supertrend

$70.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$98.52 / $85.1Bearish
Donchian Channel (20)

20-period breakout channel position

50%Bullish

Momentum

RSI (14)

Momentum is strong

55.5Bullish
MACD (12,26,9)

Histogram is negative

-0.444Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.0 / 41.6Bullish
Williams %R (14)

Neutral zone

-50.0Range
CCI (20)

Balanced zone

18.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$7.23 (7.36%)Bearish
Bollinger Bands (20,2)

Width 22.68%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$111.02 / $78.78Bearish
ATR channel lower / upper

Current Volatility Envelope

$91.01 / $105.47Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.5Range
OBV slope

20-period OBV slope

-36.86%Bearish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.16Range
Support

Nearest Downside Decision Level

$65.2Range

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