A Deep Analysis of Pinnacle West Capital Corporation (NYSE:PNW) (2020-01-03)

      Comments Off on A Deep Analysis of Pinnacle West Capital Corporation (NYSE:PNW) (2020-01-03)

REPORTING FOR 2020-01-03 | WCX19.ORG: We have done an in-depth analysis of how PNW has been trading over the last 2 weeks and the past day especially. On its latest session, Pinnacle West Capital Corporation (NYSE:PNW) opened at 90.13, reaching a high of 90.25 and a low of 88.4 before closing at a price of 88.71. There was a total volume of 707637.

VOLUME INDICATORS FOR PINNACLE WEST CAPITAL CORPORATION (NYSE:PNW): We saw an accumulation-distribution index of 2750.28038, an on-balance volume of 89.93, chaikin money flow of 29.83333 and a force index of 0.1134. There was an ease of movement rating of 0.00387, a volume-price trend of -2.71516 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR PINNACLE WEST CAPITAL CORPORATION (NYSE:PNW): We noted an average true range of 0.8185, bolinger bands of 90.08451, an upper bollinger band of 87.59549, lower bollinger band of 88.4, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 89.59333, high band keltner channel of 89.47333, low band keltner channel of 89.71333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 88.4, a donchian channel low band of 88.4, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR PINNACLE WEST CAPITAL CORPORATION (NYSE:PNW): We calculated a Moving Average Convergence Divergence (MACD) of 0.01974, a MACD signal of 0.01097, a MACD difference of 0.00877, a fast Exponential Moving Average (EMA) indicator of 88.4, a slow Exponential Moving Average (EMA) indicator of 88.4, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 1.61284, a trix of -1.88847, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 2.79737, a KST Oscillator (KST) of -30.67377 and a KST Oscillator (KST Signal) of -30.67377 (leaving a KST difference of 2.41235). We also found an Ichimoku rating of 90.19, an Ichimoku B rating of 90.19, a Ichimoku visual trend A of 91.73255, an Ichimoku visual trend B of 90.59222, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR PINNACLE WEST CAPITAL CORPORATION (NYSE:PNW): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 50.32379, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -195.27807, a stochastic oscillator of 1541.66667, a stochastic oscillator signal of 1541.66667, a Williams %R rating of 1441.66667 and an awesome oscillator of -0.16267.

RETURNS FOR PINNACLE WEST CAPITAL CORPORATION (NYSE:PNW): There was a daily return of -3.06738, a daily log return of 0.99055 and a cumulative return of 0.99548.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-03 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Pinnacle West Capital Corporation (NYSE:PNW)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Pinnacle West Capital Corporation (NYSE:PNW) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.