The Greedy Trader Weekly Analysis
Sign In May 22, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 5/15/2026 -
Sign In to see current Signals.

Pinnacle West Capital (PNW) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Weekly  MACD line has moved below its signal line
Daily :20 Day Moving Average has crossed below the 50 Day Moving AverageLane's Stochastic is oversold
Move cursor over the icon to see details.

It was the negative week for the Pinnacle West Capital (PNW). During the week, the PNW gave back -0.85 points, or -0.86%, and closed at 98.40 on Friday, May 15, 2026. Weekly volume was 8% above average.

Long-term trend: [See PNW long-term trend chart]
A long-term uptrend had started on February 8, 2024 at 65.20 and reached 104.92 on April 9, 2026. PNW gained -39.72 points, or -60.92%, in 113 weeks. The price is now at the 16.41% retracement level.

Medium-term trend: [See PNW medium-term trend chart]
A medium-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 87.76 and resistance is at 107.21. 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 medium-term trend.

Weekly Technical Indicators: [See PNW weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 April 9, 2026 at 104.92 and reached 97.90 on May 13, 2026. PNW lost 7.02 points, or 6.69%, in 34 days. The price is now at the 7.12% retracement level.

Daily Technical Indicators: [See PNW daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. 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 Lane's Stochastic help.

The daily MACD line is below its signal line since April 20, 2026. This is an indication that the short-term trend is down.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.44
Williams' Percentage Range (W%R) 69.00
Lane's Stochastic (%D-Slow) 16.59
Oversold
Greed/Fear Indicator (GFI) 27.01
Moving Average Converg./Diverg. (MACD) -0.32
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.62
Williams' Percentage Range (W%R) 26.20
Lane's Stochastic (%D-Slow) 60.77
Greed/Fear Indicator (GFI) 61.52
Moving Average Converg./Diverg. (MACD) 2.85
Trading Signals
Description Value Chart
Monthly Trendline Resistance 107.21
Upper Bollinger Band 104.00
Parabolic System 101.68
50 Day Moving Average 101.33
Weekly Stochastic Crossing 101.21
20 Day Moving Average 101.19
Daily Stochastic Crossing 98.56
Price 98.40
Lower Bollinger Band 97.47
Monthly Trendline Support 87.76
Sector and Industry
Description Name Rank
Sector Utilities 5
Industry Electric Utilities 55
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 104.84
High Date 05/01/2026
Low 97.90
Low Date 05/13/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 104.92
High Date 04/09/2026
Low 97.90
Low Date 05/13/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 107.21
Support 87.76
Low 85.32
Low Date 09/18/2025
High 104.92
High Date 04/09/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 65.20
Low Date 02/08/2024
High 104.92
High Date 04/09/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 59.03
Low Date 10/13/2022
High 104.92
High Date 04/09/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.