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Stock Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

PNM Resources, Inc (NYSE:PNM)

Long-Term Uptrend (+90) - PNM is in a strong uptrend that is likely to continue. While PNM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
55.700 55.880 55.000 55.055 -0.735
Entry Signal

MarketClub’s Trade Triangles for PNM

long term up The long-term trend has been UP since Jan 24th, 2020 at 52.98

intermediate term up The intermediate-term trend has been UP since Jan 16th, 2020 at 51.36

short term up The short-term trend has been UP since Feb 6th, 2020 at 54.60

Smart Scan Analysis for PNM

Based on our trend formula, PNM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for PNM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.700 55.880 55.000 55.055 -0.735
Prev. Close Volume Bid Ask Time
49.710 381122 2020-02-19 15:59:51
Year High43.12Year High Date2018-11-20
Year Low33.75Year Low Date2018-02-08
52wk High52.9852wk High Date2019-10-07
52wk Low40.0652wk Low Date2019-01-14
Year End Close20.51Average Volume599,595
Shares Outstanding79,654Short Interest2,425,895
% Institutional87.5Market Cap3,997M
Assets720,093,200MLiabilities551,849,000M
P/E Ratio45.5Beta0.45
Volatility20.63
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