PENTAIR PLC (PNR)

IE00BLS09M33 - Common Stock

81.24  +1.63 (+2.05%)

Technical Rating and Analysis

8

Overall PNR gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

PNR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that PNR is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by PNR over the past year are nicely spread over this period.
PNR is part of the Machinery industry. There are 132 other stocks in this industry. PNR outperforms 72% of them.
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.
PNR has an average volume of 1645590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
PNR Weekly chart
PNR Daily chart
Setup Rating and Analysis

8

PNR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 79.30, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

62.75

86.29

3 important support areas can be observed.

  • A support zone ranging from 78.47 to 80.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @66.88 from a trend line in the weekly time frame.
  • Support @63.38 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 85.44 to 85.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.43
Mansfield0.44
10 Day High81.84
10 Day Low76.95
20 Day High84.44
20 Day Low76.95
52 Week High85.81
52 Week Low55.26
Performance
1 Week-0.44%
2 Weeks1.38%
1 Month-4.74%
3 Month7.83%
6 Month29.15%
12 Month37.57%
2 Year58.68%
3 Year15.43%
5 Year128.63%
10 Year6.66%
15 Year218.06%
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)47.03
LBB78.04
UBB80.42
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
80.7178.462.25 (2.79%)25.00%
An entry @80.71. This is a Buy Stop order right above the resistance zone.An exit @78.46. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.25 points, which is 2.79%.For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of PNR. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PNR Daily chart

PENTAIR PLC

NYSE:PNR (5/6/2024, 2:34:06 PM)

81.24

+1.63 (+2.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.05%
1 Week-0.44%
2 Weeks1.38%
1 Month-4.74%
3 Month7.83%
6 Month29.15%
12 Month37.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.98
ATR(20)%2.44%
ATR Inc
Range Today1.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High81.84
10 Day Low76.95
20 Day High84.44
20 Day Low76.95
52 Week High85.81
52 Week Low55.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume310.20K
Volume Incr-4.54%
Vol(5)1.53M
Vol(50)1.65M