PENTAIR PLC (PNR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PNR - IE00BLS09M33 - Common Stock
Overall PNR gets a technical rating of 1 out of 10. PNR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, PNR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 103.86, a Stop Loss order could be placed below this zone.
More info and screens
82.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 100.62 to 103.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @82.91 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 104.36 to 108.99. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for PNR is down. |
| ChartMill Relative Strength | 34.09 | 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) | DOWN | NEGATIVE | The current price of PNR is below a declining 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) | 45.18 | NEUTRAL | The RSI value for PNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PNR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.41 | NEUTRAL | The Stochastics value for PNR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for PNR suggests some volalility. |
| Average Directional Index/ADX (14) | 10.14 | NEGATIVE | The low ADX value for PNR suggests a weak or negative trend. |
103.87
+0.47 (+0.45%)
PENTAIR PLC / PNR FAQ
What is the technical rating for PNR stock?
ChartMill assigns a technical rating of 1 / 10 to PNR.
Can you provide the trend direction for PENTAIR PLC?
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 45.1807. 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 0.00967293, indicating a bearish trend.
Can you provide the short term momentum for PENTAIR PLC?
The short term momentum for PENTAIR PLC (PNR) is negative.