Stock Analysis: Pinnacle West Capital (PNW)

Stock Analysis for Pinnacle West Capital (PNW)

The Interpreter
Hey Friend, I'm analysing PINNACLE WEST CAPITAL (PNW), and it is between the Support of $ 71.69 (PivotS1) and the Resistance of $ 72.87 (61.8% of Fibonacci). The stock is also approaching the line of PivotS1 at $ 71.69, and if it goes below this line it could reach the next Support of Triangle projection at $70.84.

Pinnacle West Capital (PNW)

$ 73.69 -0.7%

Last Close 26-Apr-24

Trade PNW Now

Supports

Next Support: $ 71.69

Pivot S1: $ 71.69
Fibonacci 100%: $ 70.40
Triangle Level (0): $ 70.84

Resistances

Next Resistance: $ 72.87

Pivot: $ 73.22
Fibonacci 61.8%: $ 72.87
Triangle Level (0): $ 76.34

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 08 Apr 2024	Buy Price: 74.08	Profit: Open Day1 ($ 74.35)	Abandoned Baby	Buy
002 06 Feb 2024	Buy Price: 68.08	Profit: Open Day1 ($ 68.44)	Engulfing	Buy
003 11 Dec 2023	Buy Price: 75.65	Profit: Open Day1 ($ 75.70)	Piercing Line	Buy
004 19 Sep 2023	Sell Price: 78.93	Profit: Close Day2 ($ 78.40)	Dark Cloud Cover	Sell
005 13 Sep 2023	Buy Price: 77.42	Profit: Open Day1 ($ 77.92)	Engulfing	Buy
006 24 Aug 2023	Sell Price: 78.79	Loss: Close Day2 ($ 78.82)	Abandoned Baby	Sell
007 02 Jun 2023	Buy Price: 77.36	Profit: Close Day1 ($ 77.76)	Engulfing	Buy
008 02 Jun 2023	Buy Price: 77.43	Profit: Close Day1 ($ 77.76)	Piercing Line	Buy
009 11 May 2023	Sell Price: 80.56	Profit: Close Day2 ($ 80.15)	Dark Cloud Cover	Sell
010 02 May 2023	Sell Price: 78.44	Profit: Close Day1 ($ 78.42)	Engulfing	Sell
011One Year Average	Both Sides Result for 10 Signals	Profit: $ 2.85 ($ 0.28 / Signal) +3.7% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for PNW Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	73.95	SELL	2	73.90	SELL
3	74.14	SELL	3	74.00	SELL
5	74.33	SELL	5	73.99	SELL
8	73.87	SELL	8	73.83	SELL
13	73.15	BUY	13	73.59	BUY
21	73.40	BUY	21	73.25	BUY
34	72.93	BUY	34	72.75	BUY
55	71.32	BUY	55	72.28	BUY
90	71.17	BUY	90	72.24	BUY
200	74.08	SELL	200	73.34	BUY

Company Info +

Name & IPO

Pinnacle West Capital
IPO: 1961-08-28

Stock Ticker & Exchange

Ticker: PNWIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: http://www.pinnaclewest.com/
Phone:

Stock Type

Common Stock

SIC Office

Energy & Transportation ()

Industry

Electric Services

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.