PENTAIR PLC (PNR) Stock Technical Analysis
USA - NYSE:PNR - IE00BLS09M33 - Common Stock
109.02 USD
-0.28 (-0.26%)
109.02 USD
0 (0%)
Taking everything into account, PNR scores 5 out of 10 in our technical rating. In the last year, PNR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month PNR has a been trading in the 103.86 - 113.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
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.
PNR has an average volume of 1145790 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 part of the Machinery industry. There are 130 other stocks in this industry, PNR did better than 61% of them.
Although the technical rating is only medium, PNR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 108.99, 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
When analyzing the support we can see 4 important areas.
- A support zone ranging from 107.21 to 108.99. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 109.19 to 109.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | 63.25 | 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 | MIXED | The current price of PNR is below 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) | 47.83 | NEUTRAL | The RSI value for PNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests PNR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37 | 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) | 17.77 | 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)
109.02
-0.28 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.26%
1 Week-1.26%
2 Weeks-1.48%
1 Month-0.97%
3 Month5.76%
6 Month21.13%
12 Month10.17%
2 Year87.58%
3 Year153.83%
5 Year119.09%
10 Year94.96%
15 Year233.09%
Volatility
ATR(14)2.9
ATR(20)%2.33%
ATR Inc56.66%
Range Today5.92
ADR(20)2.46
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.25
Mansfield-0.22
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 End108.99
CR1 Start109.19
Volume & EV
DER(3)0.89%
DER(5)1.29%
Volume2.52M
Volume Incr34.14%
Vol(5)1.43M
Vol(50)1.15M