US stock / ETF

Pinnacle West Capital Corporation

PNW · NYSE · USD

1 weekBearish61%
Weekly Downside probability 61%Bearish

PNW 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $101.6 and stabilize above resistance $111.16.

Invalidation Trigger

Break above $111.16 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 44.0, MACD -1.247

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $4.31 (4.41%)

Weekly

EMA Structure

Range
EMA 8$101.16Bearish
EMA 21$101.6Bearish
EMA 50$98.37Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.0 · MACD -1.247

Momentum is weak

Strength
Bearish
Volatility
ATR $4.31 · BB 13.48%

Medium volatility

Strength
Range
Volume
MFI 55.4 · OBV -1.17%

Relative to 20-period average volume

Strength
Range
Price Levels
$86.33 - $111.16

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+17.96% · 4.1 ATR above latest close

$115.47
Nearest resistance

+13.56% · 3.1 ATR above · 34-bar high

$111.16
Current price

Price shown is delayed

$97.89
Nearest support

-11.81% · 2.7 ATR below · 34-bar low

$86.33
Deeper support zone

-16.22% · 3.7 ATR below latest close

$82.02
ATR zone

Latest close ± ATR14

$93.58 - $102.2

Indicators

Trend

Dow Theory Structure

Confirmation $111.16, invalidation $97.35

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

Trend strength is moderate

14.2 / 13.0 / 21.5Bearish
Supertrend (10,3)

Price is above Supertrend

$84.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$103.88 / $98.24Bearish
Donchian Channel (20)

20-period breakout channel position

9%Range

Volatility

ATR (14)

Medium volatility

$4.31 (4.41%)Range
Bollinger Bands (20,2)

Width 13.48%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$110.36 / $93Range
ATR channel lower / upper

Current Volatility Envelope

$93.58 / $102.2Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.16Range
Support

Nearest Downside Decision Level

$86.33Range

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-1.247Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.9 / 13.5Bearish
Williams %R (14)

Oversold zone

-91.1Bullish
CCI (20)

Weak expansion

-135.9Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.4Bullish
OBV slope

20-period OBV slope

-1.17%Bearish
Volume ratio

Relative to 20-period average volume

0.65xBearish

Trend

Dow Theory Structure

Confirmation $111.16, invalidation $97.35

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

Trend strength is moderate

14.2 / 13.0 / 21.5Bearish
Supertrend (10,3)

Price is above Supertrend

$84.76Bullish
Ichimoku Cloud

Cloud Span A / Span B

$103.88 / $98.24Bearish
Donchian Channel (20)

20-period breakout channel position

9%Range

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-1.247Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.9 / 13.5Bearish
Williams %R (14)

Oversold zone

-91.1Bullish
CCI (20)

Weak expansion

-135.9Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Medium volatility

$4.31 (4.41%)Range
Bollinger Bands (20,2)

Width 13.48%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$110.36 / $93Range
ATR channel lower / upper

Current Volatility Envelope

$93.58 / $102.2Range

Volume / Money Flow

MFI (14)

Money flow is strong

55.4Bullish
OBV slope

20-period OBV slope

-1.17%Bearish
Volume ratio

Relative to 20-period average volume

0.65xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$111.16Range
Support

Nearest Downside Decision Level

$86.33Range

Related Forecasts