PENTAIR PLC (PNR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PNR - IE00BLS09M33 - Common Stock
Taking everything into account, PNR scores 4 out of 10 in our technical rating. In the past year, PNR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- 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 99.11 - 108.08 range, which is quite wide. It is currently trading near the high of this range.
- PNR has an average volume of 1307340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 44% of all stocks.
- PNR is part of the Machinery industry. There are 132 other stocks in this industry, PNR did better than 45% of them.
PNR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 107.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 106.47, a Stop Loss order could be placed below this zone.
More info and screens
82.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 103.06 to 106.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 100.06 to 101.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @83.47 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 107.68 to 108.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for PNR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PNR is neutral. |
| ChartMill Relative Strength | 44.39 | NEUTRAL | PNR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNR is above the rising 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) | 56.49 | NEUTRAL | The RSI value for PNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests PNR has a positive trend. |
| Stochastics (14,3) | 82.1 | OVERBOUGHT | The high Stochastics value suggests PNR may be overbought. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for PNR suggests some volalility. |
| Average Directional Index/ADX (14) | 13.06 | NEGATIVE | The low ADX value for PNR suggests a weak or negative trend. |
107.15
+2.82 (+2.7%)
PENTAIR PLC / PNR FAQ
What is the technical rating for PNR stock?
ChartMill assigns a technical rating of 4 / 10 to PNR.
What is the trend direction for PNR stock?
The current trend direction for PENTAIR PLC (PNR) is Bearish.
What is the RSI signal for PENTAIR PLC (PNR) stock?
PENTAIR PLC (PNR) has an RSI value of 56.488. This indicates that the stock is currently neutral.
What is the MACD signal for PENTAIR PLC (PNR) stock?
The MACD indicator for PENTAIR PLC (PNR) has a value of 0.397646, indicating a bearish trend.
What is the short term momentum for PNR stock?
The short term momentum for PENTAIR PLC (PNR) is neutral.