Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

PNM Resources, Inc (NYSE:PNM)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYSE_PNM
Open High Low PNM Price Change
50.04 50.29 49.96 50.02 -0.15
Entry Signal

MarketClub’s Trade Triangles for PNM

long term up The long term trend has been UP since Nov 8th, 2018 at 40.95

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 49.66

short term up The short term trend has been UP since Sep 12th, 2019 at 50.52

Smart Scan Analysis for PNM

Based on a pre-defined weighted trend formula for chart analysis, PNM scored -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
50.04 50.29 49.96 50.02 -0.15
Prev. Close Volume Bid Ask Time
47.48 34553 2019-09-16 10:13:21
Year High43.12Year High Date2018-11-20
Year Low33.75Year Low Date2018-02-08
52wk High48.3552wk High Date2019-05-14
52wk Low34.9552wk Low Date2018-06-12
Year End Close20.51Average Volume377,393
Shares Outstanding79,654Short Interest2,425,895
% Institutional87.5Market Cap3,781M
Assets725,075,800MLiabilities555,455,000M
P/E Ratio42.8Beta0.45
Volatility20.63
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