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Archive - 10/10/2025 - 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 third positive week after 4 consecutive negative weeks for the Pinnacle West Capital (PNW). During the week, the PNW gained 2.23 points, or 2.47%, and closed at 92.41 on Friday, October 10, 2025. Weekly volume was -8% below average. PNW is a member of Utilities Sector. Utilities is the most overbought 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 February 8, 2024 at 65.20 and reached 96.50 on April 3, 2025. PNW gained -31.30 points, or -48.01%, in 60 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 95.84 and resistance is at 91.65. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
Medium-term trend: [See PNW medium-term trend chart] A medium-term downtrend had started on April 17, 2025 at 96.13 and reached 85.32 on September 18, 2025. PNW lost 10.81 points, or 11.25%, in 22 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 84.96 and resistance is at 93.47. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel 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 Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 weekly MACD line is below its signal line since May 9, 2025. 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 uptrend had started on September 18, 2025 at 85.32 and reached 92.56 on October 10, 2025. PNW gained -7.24 points, or -8.49%, in 22 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 88.13 and resistance is at 93.38. 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 short-term trend.
Daily Technical Indicators: [See PNW daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help. The daily MACD line is above its signal line since September 23, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong.
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