Pinnacle West Capital Corporation is an energy holding company that conducts business through its subsidiaries, Arizona Public Service Co. (APS), El Dorado Investment Co. (El Dorado) and Pinnacle West Power, LLC. Co.'s business segment is its regulated electricity segment, which consists of traditional regulated retail and wholesale electricity businesses (primarily electric service to Native Load customers) and related activities, and includes electricity generation, transmission, and distribution. APS provides electric service to approximately 1.4 million customers.
When researching a stock like Pinnacle West Capital, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from PNW Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for PNW stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the PNW 200 day moving average ("PNW 200 DMA"), while one of the most popular "shorter look-backs" is the PNW 50 day moving average ("PNW 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Pinnacle West Capital. |