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Pinnacle West Capital Corporation (PNW) Corporate Logo

Pinnacle West Capital Corporation (PNW) Stock Price & Analysis

Market: NYSE • Sector: Utilities • Industry: Regulated Electric

Pinnacle West Capital Corporation (PNW) Profile & Business Summary

Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include approximately 5,814 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,258 miles of overhead lines and approximately 22,821 miles of underground primary cable, as well as owns and maintains 475 transmission and distribution substations. The company also owns or leases approximately 6,323 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.

Key Information

Ticker PNW
Leadership Theodore N. Geisler
Exchange NYSE
Official Site https://www.pinnaclewest.com
CIK Number 0000764622
View SEC Filings

Market Trend Overview for PNW

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Current Market Context (Short-Term)

As of 2026-02-06 (ET), PNW is moving sideways. Price at 93.52 is moving between support near 91.54 and resistance near 94.45. There is no clear direction right now. View Support & Resistance from Options

Why the market looks this way?

Prices have moved back and forth over recent sessions without making steady progress. Trend signals have changed frequently, which suggests the market is stuck in a range. In this environment, chasing moves in either direction is less reliable.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-02-06 (ET)

As of 2026-02-06, PNW is moving sideways without a clear direction. Over the longer term, the trend remains bullish.

PNW last closed at 93.52. The price is about 1.1 ATR above its recent average price (92.04), and the market is currently in a sideways market without a clear direction.

The market is moving sideways, with no clear direction. Both upside and downside risks remain in play.

Trend Alignment Summary

Trend score: 35 out of 100. Overall alignment is unclear. The market is currently in a sideways market without a clear direction. The longer-term trend is still positive, but short-term signals are not yet confirming it.

Key Risk Level

A key downside level is near 86.78. If price falls below this area, the current upward trend would likely weaken or break.

Recent Trend Signal

A systematic trend-activation signal was most recently triggered on 2026-01-15, reflecting a technical shift toward positive directional alignment.

Unusual Price Movement

[2026-01-08] Moderate participation supported a steady price advance.

Recent Price Behavior

Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.

Overnight Positioning

Heavy selling into the close suggests exposure was being reduced ahead of the overnight session.

Short Interest & Covering Risk for PNW

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.75

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 4.70%
Short Positions Trend Not Increasing
Liquidity Trend (Average Daily Volume) 0.00%
20-Day Return 4.70%
Price vs 20-Day High Trading Near Highs

Short Exposure Percentile

Short interest is within its typical range, with no clear imbalance between buyers and sellers. (Historical percentile: 50%)

Structure Analysis

PNW Short positioning looks normal. Current days to cover is 4.2 trading days, meaning short positions could unwind at a normal pace. Short covering is likely to have a normal impact on price moves.

Bull Trap Structural Risk

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

Price is consolidating near highs with a weak upward bias, appearing strong on the surface but structurally more fragile. As a result, similar news or market events could lead to price moves about 1× larger than usual.

Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-01-15 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules