PNW technical analysis
PNW Technical Analysis
Analysis date
August 6, 2026
Market
NYSE (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
PNW Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- PNW
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 101.50 | August 5, 2026 | - | Verified |
| Verification series | 101.50 | August 5, 2026 | 0.00% | Verified |
Bottom line
PNW Technical Analysis Summary
PNW has pulled back sharply from its July peak near 110 and now trades below its 20- and 50-day moving averages while holding above the 200-day average. The daily RSI has cooled to 41.58 and the daily MACD is negative, while the weekly RSI sits near neutral at 49.91 with a just-turned bearish MACD crossover. The stock still holds a 52-week position of about 69%, and the longer-term structure above the SMA200 (95.74 daily, 78.33 weekly) remains intact. The key support zone sits at the 20-day low of 98.52 followed by the 60-day low at 96.47, with a closer weekly support cluster near 95. A daily close back above the SMA20 near 104.46 would signal that the correction is running its course, while a break below 96.47 would open the door to a deeper retracement toward the 200-day average.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Mixed and corrective. Price at 101.50 is below the SMA20 (104.46) and SMA50 (103.45) but remains above the SMA200 (95.74). The shorter moving averages have flattened or turned down as PNW retreated from the July high near 110, while the SMA200 still points up. This reads as a corrective phase inside a larger uptrend rather than a confirmed downtrend.
- Momentum
- Neutral with a bearish tilt. RSI14 at 41.58 sits below the midpoint after cooling from the overbought territory seen in July. The MACD line at -0.97 is below the signal line at -0.37 with a negative histogram of -0.60, confirming short-term downside momentum. The index is not oversold, so the pullback may still have room to run.
- Volatility
- Moderate for a utility stock. ATR14 at 2.19 (2.15% of price) is elevated relative to the recent calm spell. Bollinger Bands run from 99.30 to 109.62 around a middle band of 104.46, and price is trading in the lower half of the range. The wider bands reflect the pickup in realized volatility during the decline.
- Volume
- Slightly below average. Latest volume of 1,184,500 is about 94% of the 20-period average of 1,262,305. The pullback has unfolded without heavy distribution, which keeps the bearish signal from being decisive but does not yet confirm a full flush of selling.
Assessment
The daily chart shows a clear pullback from the July peak near 110.16. Price is below the SMA20 and SMA50, the MACD has turned negative, and RSI has cooled from overbought to 41.58. The SMA200 at 95.74 remains well below price and is the primary long-term support. The 20-day low at 98.52 and the 60-day low at 96.47 are the first support zones to watch. A close back above the SMA20 near 104.46 would suggest the correction is ending, while a sustained break below 96.47 would open the door to a deeper retracement.
Weekly (July 27, 2026 week)
- Trend
- Mixed but structurally constructive. Price at 100.08 is just below the SMA20 (101.89) and comfortably above the SMA50 (94.16) and SMA200 (78.33). The weekly moving averages remain in a bullish ascending order, with the SMA50 well above the SMA200. The recent decline has pulled price under the SMA20 but has not broken the longer-term structure.
- Momentum
- Neutral. RSI14 at 49.91 sits essentially at the midpoint after cooling from the mid-60s in July. The MACD line at 2.95 has crossed below the signal line at 3.29, and the histogram turned negative at -0.34. This is the first weekly bearish crossover in the recent advance and a warning that weekly momentum is fading.
- Volatility
- Moderate. ATR14 at 4.26 (4.26% of price) reflects wider weekly swings. Bollinger Bands run from 95.03 to 108.75 around a middle band of 101.89. Price has pulled back from the upper band toward the middle band as the range compresses.
- Volume
- Above average. Weekly volume of 7,452,800 is about 129% of the 20-week average of 5,772,440. The higher participation during the down week is consistent with profit taking after the run toward 110.16 in July.
Assessment
The weekly chart is transitioning from a strong uptrend into a consolidation or shallow correction. Price is above the SMA50 and SMA200, which keeps the long-term bias positive, but the close below the SMA20, the bearish MACD crossover, and the neutral RSI all point to fading momentum. The 20-week low at 95.04 and the SMA50 near 94.16 form a support cluster. A weekly close back above the SMA20 near 101.89 would restore the bullish bias, while a break below the 95 zone would raise the risk of a deeper correction toward the SMA200.
Key indicators
PNW Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 41.58 | 49.91 |
| MACD (12, 26, 9) | -0.97 / -0.37 / -0.60 | 2.95 / 3.29 / -0.34 |
| ATR (14) | 2.19 (2.15%) | 4.26 (4.26%) |
| Bollinger Bands (20, 2) | 99.30 - 109.62 | 95.03 - 108.75 |
| SMA (20) | 104.46 | 101.89 |
| SMA (50) | 103.45 | 94.16 |
| SMA (200) | 95.74 | 78.33 |
Price structure
PNW Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 101.50 | 100.08 |
| 1-Period Return | +0.05% | -4.78% |
| 5-Period Return | +0.14% | -6.56% |
| 20-Period Return | -5.01% | -1.00% |
| 60-Period Return | +3.20% | +17.85% |
| 252-Period Return | +14.30% | +72.71% |
| 52-Week Low | 82.14 | 82.14 |
| 52-Week High | 110.16 | 110.16 |
| 52-Week Position | 69.10% | 64.03% |
Key levels
PNW Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 110.16 | 110.16 |
| 20-Period Low | 98.52 | 95.04 |
| 60-Period High | 110.16 | 110.16 |
| 60-Period Low | 96.47 | 82.14 |
Scenarios
PNW Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price reclaims and holds the SMA20 near 104.46 on the daily chart with rising volume, then rotates back toward the July high at 110.16.
Invalidation
A daily close below the 60-day low at 96.47, breaking the recent support structure.
What to watch
RSI recovering above 50, the daily MACD histogram turning positive, and price holding above the SMA200.
Range-Bound
Trigger
Price oscillates between the 20-day low at 98.52 and the breakdown zone near 104.46 while the trend resets.
Invalidation
A decisive close below 96.47 or above 110.16 with conviction.
What to watch
RSI drifting between 35 and 55, volume contracting, and Bollinger Bands narrowing.
Bearish
Trigger
Price breaks below the 60-day low at 96.47 with conviction, targeting the weekly support cluster near 95 and the SMA200 at 95.74.
Invalidation
Price reclaims and holds the SMA20 near 104.46 on the daily chart.
What to watch
Daily RSI falling below 35, the weekly MACD histogram staying negative, and price closing below the SMA200.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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