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Stock Trend Analysis Report

Prepared for you on Wednesday, December 1, 2021.

PNM Resources, Inc. (Holding Co.) (NYSE:PNM)

Sidelines Mode (-55) - PNM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PNM?

MarketClub looks at technical strength and momentum to determine if the timing is right for PNM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_PNM
Open High Low PNM Price Change
49.56 49.61 49.29 49.31 -0.29
Entry Signal

MarketClub’s Trade Triangles for PNM

long term down The long-term trend has been DOWN since Nov 3rd, 2021 at 47.50

intermediate term up The intermediate-term trend has been UP since Nov 22nd, 2021 at 49.84

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 49.55

Smart Scan Analysis for PNM

Based on our trend formula, PNM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PNM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.56 49.61 49.29 49.31 -0.29
Prev. Close Volume Bid Ask Time
49.24 588708 2021-11-30 15:59:48
Year High43.12Year High Date2018-11-20
Year Low33.75Year Low Date2018-02-08
52wk High50.1152wk High Date2021-10-28
52wk Low46.9352wk Low Date2021-03-03
Year End Close20.51Average Volume770,702
Shares Outstanding39,118Short Interest2,425,895
% Institutional87.5Market Cap3,997M
Assets825,607,000MLiabilities609,959,100M
P/E Ratio21.9821Beta0.45
Volatility20.63
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