Technical Analysis for PNM - PNM Resources, Inc. (Holding Co.)

Grade Last Price % Change Price Change
grade B 42.0 1.08% 0.45
PNM closed up 1.08 percent on Friday, January 18, 2019, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Flat Up
See historical PNM trend table...

Date Alert Name Type % Chg
Jan 18 Crossed Above 50 DMA Bullish 0.00%
Jan 18 Pocket Pivot Bullish Swing Setup 0.00%
Jan 18 Narrow Range Bar Range Contraction 0.00%
Jan 18 NR7 Range Contraction 0.00%
Jan 18 NR7-2 Range Contraction 0.00%
Jan 18 Stochastic Reached Overbought Strength 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 18 Up 3 Days in a Row Strength 0.00%
Jan 18 Up 4 Days in a Row Strength 0.00%
Jan 17 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.08%

Older signals for PNM ...

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Profile
PNM Resources, Inc., together with its subsidiaries, operates in energy and energy-related businesses in the United States. It primarily engages in the generation, transmission, and distribution of electricity. The company generates electricity using coal, nuclear, natural gas, solar, and wind energy. It also provides regulated transmission and distribution services. As of December 31, 2011, the company had a total net generation capacity of approximately 2,347 megawatts. It serves approximately 730,000 residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. The company was founded in 1917 and is headquartered in Albuquerque, New Mexico.
Is PNM a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 45.35
52 Week Low 33.75
Average Volume 498,343
200-Day Moving Average 39.6096
50-Day Moving Average 41.9566
20-Day Moving Average 41.1235
10-Day Moving Average 41.225
Average True Range 0.972
ADX 13.37
+DI 23.0543
-DI 20.9549
Chandelier Exit (Long, 3 ATRs ) 41.414
Chandelier Exit (Short, 3 ATRs ) 42.431
Upper Bollinger Band 42.7344
Lower Bollinger Band 39.5126
Percent B (%b) 0.77
BandWidth 7.83445
MACD Line -0.1567
MACD Signal Line -0.2674
MACD Histogram 0.1107
Fundamentals Value
Market Cap 3.34 Billion
Num Shares 79.5 Million
EPS 1.74
Price-to-Earnings (P/E) Ratio 24.14
Price-to-Sales 2.34
Price-to-Book 1.93
PEG Ratio 3.80
Dividend 0.97
Dividend Yield 2.31%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 42.62
Resistance 3 (R3) 42.55 42.29 42.51
Resistance 2 (R2) 42.29 42.13 42.32 42.48
Resistance 1 (R1) 42.14 42.03 42.22 42.21 42.44
Pivot Point 41.88 41.88 41.91 41.91 41.88
Support 1 (S1) 41.73 41.72 41.81 41.80 41.56
Support 2 (S2) 41.47 41.62 41.50 41.52
Support 3 (S3) 41.32 41.47 41.49
Support 4 (S4) 41.39