RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PNFP
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Green day on Thursday for Pinnacle Financial Partners stock after gaining 0.269%
(Updated on Mar 28, 2024)

Buy candidate since Mar 25, 2024 Gain 3.42% PDF

The Pinnacle Financial Partners stock price gained 0.269% on the last trading day (Thursday, 28th Mar 2024), rising from $85.65 to $85.88. During the last trading day the stock fluctuated 1.91% from a day low at $84.96 to a day high of $86.58. The price has risen in 6 of the last 10 days and is up by 7% over the past 2 weeks. Volume fell on the last day by -124 thousand shares and in total, 230 thousand shares were bought and sold for approximately $19.72 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.82% during the next 3 months and, with a 90% probability hold a price between $74.88 and $84.52 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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PNFP Signals & Forecast

Mostly positive signals in the chart today. The Pinnacle Financial Partners stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $83.98 and $82.78. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 8.35%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Pinnacle Financial Partners stock

Pinnacle Financial Partners finds support from accumulated volume at $83.28 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.62 (1.91%) between high and low. For the last week, the stock has had daily average volatility of 2.15%.

Our recommended stop-loss: $83.01 (-3.34%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (PNFP) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Pinnacle Financial Partners to open at $85.81, and during the day (based on 14 day Average True Range), to move between $83.64 and $88.12, which gives a possible trading interval of +/-$2.24 (+/-2.61%) up or down from last closing price. If Pinnacle Financial Partners takes out the full calculated possible swing range there will be an estimated 5.22% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $88.38 (2.91%) than the support at $83.28 (3.03%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Pinnacle Financial Partners stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 1.487 Buy Candidate Unchanged

Predicted Opening Price for Pinnacle Financial Partners of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$85.81 ( 0.0854%) $85.88

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PNFP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 87.43 1.80 %
R2 86.81 1.08 %
R1 86.43 0.635 %
Current price: 85.88
Support S1 85.19 -0.81 %
S2 84.81 -1.25 %
S3 84.19 -1.97 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 91.48 6.52 %
R2 89.88 4.66 %
R1 88.38 2.91 %
Current price 85.88
Support S1 83.28 -3.03%
S2 82.58 -3.84%
S3 81.36 -5.26%

PNFP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 16, 2024 Feb 01, 2024 Feb 23, 2024 $0.220 0.264%
2 Oct 17, 2023 Nov 02, 2023 Nov 24, 2023 $0.220 0.309%
3 Jul 18, 2023 Aug 03, 2023 Aug 25, 2023 $0.220 0.337%
4 Apr 18, 2023 May 04, 2023 May 26, 2023 $0.220 0.439%
5 Jan 17, 2023 Feb 02, 2023 Feb 24, 2023 $0.220 0.295%

FAQ

What is the symbol for Pinnacle Financial Partners Stock and on which exchange is it traded?
The symbol for Pinnacle Financial Partners is PNFP and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Pinnacle Financial Partners Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Pinnacle Financial Partners Stock?
Pinnacle Financial Partners Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Pinnacle Financial Partners Stock.

What's the current price of Pinnacle Financial Partners Stock?
As of the end of day on the 2024-03-28, the price of an Pinnacle Financial Partners (PNFP) share was $85.88.

What is the 52-week high and low for Pinnacle Financial Partners Stock?
The 52-week high for Pinnacle Financial Partners Stock is $92.33 and the 52-week low is $43.31.

What is the market capitalization of Pinnacle Financial Partners Stock?
As of the 2024-03-28, the market capitalization of Pinnacle Financial Partners is 6.619B.

When is the next earnings date for Pinnacle Financial Partners?
The upcoming earnings date for Pinnacle Financial Partners is Apr 15, 2024.
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About Pinnacle Financial Partners

Pinnacle Financial Partners Pinnacle Financial Partners, Inc., together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services in the United States. The company accepts various deposits, including savings, checking, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts. Its loan products include commercial loans, such as equipment and working capital loa... PNFP Profile

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