When the Price of Pentair $PNR Talks, People Listen

September 20, 2023, 10:45 am ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PNR

• Buy PNR slightly over 64.71 target 68.56 stop loss @ 64.52 Details

The technical summary data tells us to buy PNR near 64.71 with an upside target of 68.56. This data also tells us to set a stop loss @ 64.52 to protect against excessive loss in case the stock begins to move against the trade. 64.71 is the first level of support below 67.18 , and by rule, any test of support is a buy signal. In this case, support 64.71 would be being tested, so a buy signal would exist.

• Short PNR slightly under 68.56, target 64.71, stop loss @ 68.76 Details

The technical summary data is suggesting a short of PNR as it gets near 68.56 with a downside target of 64.71. We should have a stop loss in place at 68.76though. 68.56 is the first level of resistance above 67.18, and by rule, any test of resistance is a short signal. In this case, if resistance 68.56 is being tested, so a short signal would exist.

Swing Trading Plans for PNR

• Buy PNR slightly over 68.56, target 72.69, Stop Loss @ 68.36 Details

If 68.56 begins to break higher, the technical summary data tells us to buy PNR just slightly over 68.56, with an upside target of 72.69. The data also tells us to set a stop loss @ 68.36 in case the stock turns against the trade. 68.56 is the first level of resistance above 67.18, and by rule, any break above resistance is a buy signal. In this case, 68.56, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PNR slightly near 68.56, target 66.91, Stop Loss @ 68.76. Details

The technical summary data is suggesting a short of PNR if it tests 68.56 with a downside target of 66.91. We should have a stop loss in place at 68.76 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 68.56, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for PNR

• Buy PNR slightly over 67.38, target 68.56, Stop Loss @ 67.22 Details

If 67.38 begins to break higher, the technical summary data tells us to buy PNR just slightly over 67.38, with an upside target of 68.56. The data also tells us to set a stop loss @ 67.22 in case the stock turns against the trade. 67.38 is the first level of resistance above 67.18, and by rule, any break above resistance is a buy signal. In this case, 67.38, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PNR slightly near 67.38, target 66.91, Stop Loss @ 67.54. Details

The technical summary data is suggesting a short of PNR if it tests 67.38 with a downside target of 66.91. We should have a stop loss in place at 67.54 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 67.38, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Pentair (PNR) available here: PNR.

PNR Ratings for September 20:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	64.71
P2	66.21	65.35	68.56
P3	67.38	66.91	72.69

AI Generated Signals for PNR

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Pentair (NYSE: PNR) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for PNR can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.