Chart pattern

PNW chart pattern — Pinnacle West Capital

2 formations detected on the latest close (Nov 06, 2026).

Inverse Head and Shoulders · Daily candles

BullishForming
PNW Inverse Head and Shoulders on daily chart
Last close$104.22
Trigger$108.23 (+3.8%)
Pattern spanJun 02, 2026 → 110 bars
Touches5
Fit score92/100

Three troughs with the middle one deepest — the classic bottoming pattern. Trigger: A close above the neckline, ideally on rising volume. Invalidation: A close below the right shoulder, and certainly below the head.

Double Top · Weekly candles

BearishForming
PNW Double Top on weekly chart
Last close$104.22
Trigger$90.27 (-13.4%)
Pattern spanJul 17, 2026 → 16 bars
Touches3
Fit score59/100

Two failed attempts at the same high, separated by a dip — the classic M. Trigger: A close below the neckline — the low between the two peaks. Until that happens it is just a pullback. Invalidation: A close above the twin peaks, which turns the whole thing into a base rather than a top.

Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.