PNW Makes Notable Cross Below Critical Moving Average
In trading on Friday, shares of Pinnacle West Capital Corp. (Symbol: PNW) crossed below their 200 day moving average of $54.86, changing hands as low as $54.78 per share. Pinnacle West Capital Corp. shares are currently trading off about 0.3% on the day. The chart below shows the one year performance of PNW shares, versus its 200 day moving average:
Looking at the chart above, PNW's low point in its 52 week range is $51.15 per share, with $61.89 as the 52 week high point - that compares with a last trade of $54.85.
According to the ETF Finder at ETF Channel, PNW makes up 4.21% of the First Trust Utilities AlphaDEX Fund ETF (Symbol: FXU) which is trading lower by about 0.2% on the day Friday.