PENTAIR PLC (PNR) Stock Technical Analysis
USA - NYSE:PNR - IE00BLS09M33 - Common Stock
109.34 USD
+0.32 (+0.29%)
109.34 USD
0 (0%)
Overall PNR gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PNR is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about 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 103.86 - 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 1144980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, PNR outperforms 65% of them, which is more or less in line with the market.
PNR is part of the Machinery industry. There are 130 other stocks in this industry, PNR did better than 62% of them.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, PNR does present a nice setup opportunity. Prices have been consolidating lately. 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 109.26, 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 109.26. 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 | 65.71 | NEUTRAL | PNR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PNR is below 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) | 49.08 | NEUTRAL | The RSI value for PNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests PNR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.35 | NEUTRAL | The Stochastics value for PNR is a neutral value. |
| 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) | 17.49 | 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)
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 | 107.20 | 5.40 (4.80%) | 20.85% |
| An entry @112.60. This is a Buy Stop order right above the resistance zone. | An exit @107.20. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.40 points, which is 4.80%. | For a 1.00% total portfolio risk, you can invest 20.85% 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.
109.34
+0.32 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.29%
1 Week-0.88%
2 Weeks-2.2%
1 Month0.31%
3 Month6.07%
6 Month21.49%
12 Month10.49%
2 Year88.13%
3 Year154.58%
5 Year119.74%
10 Year95.53%
15 Year234.07%
Volatility
ATR(14)2.9
ATR(20)%2.33%
ATR Inc60.14%
Range Today2.33
ADR(20)2.47
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.71
3 months CRS70.87
6 months CRS70.79
Mansfield-0.14
10 Day High112.26
10 Day Low103.86
20 Day High113.95
20 Day Low103.86
52 Week High113.95
52 Week Low74.25
CS1 End109.26
CR1 Start112.23
Volume & EV
DER(3)0.65%
DER(5)0.42%
Volume1.99M
Volume Incr58.38%
Vol(5)1.64M
Vol(50)1.14M