Pinnacle West Capital (PNW) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for PNW · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$101.45last close · Aug 4, 202652-week range $85.32 – $111.16 · 8.74% below the high

PNW Triangle Pattern

PNW is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $93.87 (−8.2%). Across 13,619 backtested triangles, the setup followed through 52.4% of the time, averaging +0.36R; PNW's own triangles have hit 38.5%.

DirectionBearishTarget$93.87Projected move−8.2%Breakout level$101.73

New to this pattern? What a triangle is and how to trade it →

PNW's Most Recent Triangle Trade

PNW's most recent completed triangle resolved as a loss: it broke down on May 6, 2026 near $101.30, then was stopped out at $105.37 on Jun 24, 2026 — a -1.15R move (4.0%) over 33 sessions. Across 148 backtested triangles, this setup wins 56.1% of the time.

OutcomeLossResult-1.15REntry$101.30Exit$105.37

Learn about triangle

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
PNW win rate
38.5%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

PNW Pattern Trade History

Every completed pattern trade our nightly backtest found on PNW's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleMay 6, 2026 @ $101.30Jun 24, 2026 @ $105.37Loss-1.15R
Falling WedgeJan 8, 2026 @ $89.39Jan 29, 2026 @ $93.04Win+1.19R
Falling WedgeDec 29, 2025 @ $88.86Jan 29, 2026 @ $93.04Win+1.56R
TriangleSep 8, 2025 @ $88.37Oct 14, 2025 @ $93.45Loss-1.06R
TriangleJun 27, 2025 @ $88.66Jul 21, 2025 @ $93.15Loss-1.05R
TriangleJun 17, 2025 @ $88.48Jul 21, 2025 @ $93.15Loss-1.05R
TriangleMay 8, 2025 @ $92.98Sep 18, 2025 @ $85.37Win+2.67R
TriangleMar 28, 2025 @ $94.84Apr 7, 2025 @ $89.62Loss-1.35R
Rising WedgeDec 2, 2024 @ $94.06Dec 13, 2024 @ $87.97Win+4.47R
Falling WedgeJun 27, 2024 @ $75.70Aug 6, 2024 @ $85.32Win+13.95R
Rising WedgeApr 4, 2024 @ $73.17Apr 29, 2024 @ $74.91Loss-1.07R
Rising WedgeMar 28, 2024 @ $74.36May 23, 2024 @ $76.48Win+0.44R

PNW Support and Resistance Levels

Price is bouncing off a floor near $98.38 and starting to climb. On the weekly chart, the next ceiling overhead sits near $118.97 — about 17% away.

  • Traders commonly watch $118.97 as a target (its 161.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $98.38 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $101.25, resistance near $109.63. These are chart/swing-derived levels, not formula pivots.

Resistance
$109.63$109.90$110.34$111.33$155.68
Support
$101.25$98.38

PNW Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$99.50$102.16$98.52$101.45
Aug 3, 2026$99.65$101.61$99.37$100.81
Jul 31, 2026$101.17$101.61$100.29$100.99
Jul 30, 2026$102.23$102.42$100.44$101.32
Jul 29, 2026$104.33$105.47$101.95$102.28
Jul 28, 2026$106.30$108.14$105.31$105.33
Jul 27, 2026$105.65$106.44$104.70$105.38
Jul 24, 2026$105.84$107.00$105.61$106.06
Jul 23, 2026$105.66$107.33$105.05$105.43
Jul 22, 2026$106.59$106.89$104.71$106.30

PNW Frequently Asked Questions

What chart pattern is PNW forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on Pinnacle West Capital (PNW) on the daily chart, with a measured-move target of $93.87.
Is a triangle bullish or bearish?
The triangle detected on PNW is a bearish pattern, projecting a measured-move target of $93.87. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.
What are the support and resistance levels for PNW?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), PNW's nearest support is around $101.25 and nearest resistance around $109.63.
What is the price target if PNW's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $93.87 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PNW's closing price on Aug 4, 2026?
Pinnacle West Capital (PNW) last closed at $101.45 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.