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Archive - 6/12/2026 - Sign In to see current Signals. |
Pinnacle West Capital (PNW) Technical Analysis
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| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Pinnacle West Capital (PNW). During the week, the PNW climbed 0.38 points, or 0.37%, and closed at 103.44 on Friday, June 12, 2026. Weekly volume was 12% above average. PNW is a member of Utilities Sector. Utilities is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See PNW long-term trend chart] A long-term uptrend had started on September 18, 2025 at 85.32 and reached 104.92 on April 9, 2026. PNW gained -19.60 points, or -22.97%, in 29 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 88.04 and resistance is at 108.88. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See PNW medium-term trend chart] A medium-term downtrend had started on April 9, 2026 at 104.92 and reached 97.35 on June 2, 2026. PNW lost 7.57 points, or 7.22%, in 7 weeks. The price is now at the 80.45% retracement level.
Weekly Technical Indicators: [See PNW weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since May 8, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See PNW short-term trend chart] A short-term downtrend had started on June 10, 2026 at 104.42 and reached 102.39 on June 11, 2026. PNW lost 2.03 points, or 1.94%, in 1 days. The price is now at the 51.72% retracement level.
Daily Technical Indicators: [See PNW daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since June 4, 2026. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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