PENTAIR PLC (PNR) Stock Technical Analysis
USA - NYSE:PNR - IE00BLS09M33 - Common Stock
109.76 USD
+1.45 (+1.34%)
109.76 USD
0 (0%)
Overall PNR gets a technical rating of 7 out of 10. Although PNR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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 near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PNR has a been trading in the 105.25 - 112.91 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 1481290 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 65% of all stocks.
PNR is an average performer in the Machinery industry, it outperforms 63% of 129 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, PNR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 106.78, a Stop Loss order could be placed below this zone.
More info and screens
80.74
113.72
3 important support areas can be observed.
- A support zone ranging from 105.35 to 106.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 100.62 to 100.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @81.56 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 110.02 to 112.59. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 65.99 | 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) | 52.98 | NEUTRAL | The RSI value for PNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests PNR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.77 | NEUTRAL | The Stochastics value for PNR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for PNR suggests low volalility. |
| Average Directional Index/ADX (14) | 21.85 | NEUTRAL | The ADX value for PNR suggests a possible start of a new 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 112.60 | 107.57 | 5.03 (4.47%) | 22.39% |
| An entry @112.60. This is a Buy Stop order right above the resistance zone. | An exit @107.57. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.03 points, which is 4.47%. | For a 1.00% total portfolio risk, you can invest 22.39% of your capital in this trade. |
- 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.
109.76
+1.45 (+1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.34%
1 Week-0.49%
2 Weeks-1.07%
1 Month0.53%
3 Month5.97%
6 Month26.39%
12 Month13.17%
2 Year69.51%
3 Year170.15%
5 Year139.81%
10 Year115.05%
15 Year226.38%
Volatility
ATR(14)2.2
ATR(20)%1.98%
ATR Inc-29.87%
Range Today1.49
ADR(20)2.06
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.99
Mansfield-0.04
10 Day High112.91
10 Day Low107.58
20 Day High112.91
20 Day Low105.26
52 Week High112.91
52 Week Low74.25
CS1 End106.78
CR1 Start110.02
Volume & EV
DER(3)2.2%
DER(5)1.23%
Volume689.60K
Volume Incr-25.58%
Vol(5)865.32K
Vol(50)1.48M