US stock / ETF

Pinnacle West Capital Corporation

PNW · NYSE · USD

4 hoursBullish79%
4h Upside probability 79%Bullish

PNW 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $98.73 and reclaim $108.21.

Invalidation Trigger

Lose $98.73 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 67.0, MACD 0.414

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.17 (1.08%)

4h

EMA Structure

Bullish
EMA 8$106.2Bullish
EMA 21$104.61Bullish
EMA 50$103.19Bullish

Signals

CategoryReadStrength
Momentum
RSI 67.0 · MACD 0.414

Momentum is strong

Strength
Bullish
Volatility
ATR $1.17 · BB 6.48%

Low volatility

Strength
Bullish
Volume
MFI 60.5 · OBV -9.08%

Relative to 20-period average volume

Strength
Range
Price Levels
$98.73 - $108.21

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.45% · 1.3 ATR above latest close

$109.38
Nearest resistance

+0.37% · 0.3 ATR above · 34-bar high

$108.21
Current price

Price shown is delayed

$107.81
Nearest support

-8.42% · 7.8 ATR below · 34-bar low

$98.73
Deeper support zone

-9.5% · 8.8 ATR below latest close

$97.56
ATR zone

Latest close ± ATR14

$106.64 - $108.98

Indicators

Trend

Dow Theory Structure

Confirmation $105.03, invalidation $101.96

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

Trend strength is moderate

19.1 / 33.8 / 17.7Bullish
Supertrend (10,3)

Price is above Supertrend

$104.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$104.97 / $102.79Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Volatility

ATR (14)

Low volatility

$1.17 (1.08%)Bullish
Bollinger Bands (20,2)

Width 6.48%

102%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$107 / $102.38Bullish
ATR channel lower / upper

Current Volatility Envelope

$106.64 / $108.98Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$108.21Range
Support

Nearest Downside Decision Level

$98.73Range

Momentum

RSI (14)

Momentum is strong

67.0Bullish
MACD (12,26,9)

Histogram is positive

0.414Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.6 / 96.8Bearish
Williams %R (14)

Overbought zone

-6.4Bearish
CCI (20)

Strong expansion

188.5Bullish
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.5Bullish
OBV slope

20-period OBV slope

-9.08%Bearish
Volume ratio

Relative to 20-period average volume

1.20xBullish

Trend

Dow Theory Structure

Confirmation $105.03, invalidation $101.96

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

Trend strength is moderate

19.1 / 33.8 / 17.7Bullish
Supertrend (10,3)

Price is above Supertrend

$104.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$104.97 / $102.79Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Momentum

RSI (14)

Momentum is strong

67.0Bullish
MACD (12,26,9)

Histogram is positive

0.414Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.6 / 96.8Bearish
Williams %R (14)

Overbought zone

-6.4Bearish
CCI (20)

Strong expansion

188.5Bullish
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volatility

ATR (14)

Low volatility

$1.17 (1.08%)Bullish
Bollinger Bands (20,2)

Width 6.48%

102%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$107 / $102.38Bullish
ATR channel lower / upper

Current Volatility Envelope

$106.64 / $108.98Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.5Bullish
OBV slope

20-period OBV slope

-9.08%Bearish
Volume ratio

Relative to 20-period average volume

1.20xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$108.21Range
Support

Nearest Downside Decision Level

$98.73Range

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