PENTAIR PLC (PNR) Stock Technical Analysis
USA - NYSE:PNR - IE00BLS09M33 - Common Stock
109.3 USD
+0.51 (+0.47%)
111 USD
+1.7 (+1.56%)
We assign a technical rating of 5 out of 10 to PNR. PNR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
PNR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PNR is lagging the market slightly.
In the last month PNR has a been trading in the 106.95 - 113.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PNR has an average volume of 1121820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, PNR turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
PNR is an average performer in the Machinery industry, it outperforms 62% of 130 stocks in the same industry.
Although the technical rating is only medium, PNR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 112.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 109.07, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
81.19
113.72
We found 4 important support areas.
- A support zone ranging from 107.21 to 109.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 104.44 to 105.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @100.62 from a horizontal line in the daily time frame.
- Support @82.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 112.23 to 112.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PNR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PNR is neutral. |
| ChartMill Relative Strength | 63.92 | NEUTRAL | PNR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PNR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PNR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PNR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.8 | NEUTRAL | The RSI value for PNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests PNR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.29 | NEUTRAL | The Stochastics value for PNR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for PNR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.3 | NEGATIVE | The low ADX value for PNR suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
109.3
+0.51 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.47%
1 Week0.43%
2 Weeks-2.45%
1 Month-0.72%
3 Month6.03%
6 Month21.44%
12 Month10.45%
2 Year88.06%
3 Year154.48%
5 Year119.65%
10 Year95.46%
15 Year233.94%
Volatility
ATR(14)2.58
ATR(20)%2.13%
ATR Inc-10.09%
Range Today1.84
ADR(20)2.25
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.92
Mansfield-0.2
10 Day High112.81
10 Day Low106.95
20 Day High113.95
20 Day Low106.95
52 Week High113.95
52 Week Low74.25
CS1 End109.07
CR1 Start112.23
Volume & EV
DER(3)1.59%
DER(5)2.1%
Volume1.48M
Volume Incr10.33%
Vol(5)1.19M
Vol(50)1.12M