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Asset Summary

Daily Performance Report for PNW ETF: Dec 4, 2024

Summary: The day started with PNW ETF opening at $91.99 and closing at $92.09. The ETF showed resilience throughout the day, with the highest price observed at $92.74 and the lowest at $90.7. The underlying asset had a trading range of $2.04 Overall, it was a positive trading day for PNW ETF, reflecting investor optimism and market activity.

Change in Closing Price: There was a net increase of $0.10 or 0.11% in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for PNW ETF was 1,252,832 units during Dec 4, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $91.99.

Highest Price: The highest price observed during the day was $92.74.

Lowest Price: The lowest price observed during the day was $90.7.

Closing Price: The day ended at $92.09.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

You can invest in Pinnacle West by purchasing shares through a brokerage account on the New York Stock Exchange under the ticker PNW.

Pinnacle West was founded in 1985 as a result of the merger of Arizona Public Service Company and several other companies.

Yes, Pinnacle West has a history of paying dividends and aims to provide a stable dividend to its shareholders.

Pinnacle West envisions a sustainable energy future, prioritizing customer service, innovation, and environmental responsibility.

Pinnacle West is committed to sustainability, focusing on renewable energy integration and reducing carbon emissions across its operations.

Yes, Pinnacle West is publicly traded on the New York Stock Exchange under the ticker symbol PNW.

Pinnacle West faces challenges such as regulatory pressures, the need for infrastructure upgrades, and the transition to renewable energy sources.

Arizona Public Service Company (APS) is the largest subsidiary of Pinnacle West and serves as the main electric utility in Arizona.

Pinnacle West works closely with state and federal regulatory agencies to ensure compliance and maintain fair pricing for its customers.

Pinnacle West is actively involved in renewable energy projects, including solar and wind energy, as part of its commitment to sustainability.

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Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

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