Trend Table for PNW - Pinnacle West Capital Corporation

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	C	Weak or Absent	Up	Up	Up	21.63%
May 17	B	Weak or Absent	Up	Up	Up	20.96%
May 16	C	Weak or Absent	Up	Up	Up	21.93%
May 15	C	Weak or Absent	Up	Up	Up	22.37%
May 14	B	Weak or Absent	Up	Up	Up	23.23%
May 13	B	Weak or Absent	Up	Up	Up	23.29%
May 10	B	Weak or Absent	Up	Up	Up	22.84%
May 9	B	Weak or Absent	Up	Up	Up	22.59%
May 8	B	Weak or Absent	Up	Up	Up	23.82%
May 7	B	Weak or Absent	Up	Up	Up	24.18%