Learn to Evaluate Pentair ($PNR) using the Charts
May 27, 2023, 04:30 am ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PNR
- Buy PNR slightly over 54.53 target 60.11 stop loss @ 54.37 Details
The technical summary data tells us to buy PNR near 54.53 with an upside target of 60.11. This data also tells us to set a stop loss @ 54.37 to protect against excessive loss in case the stock begins to move against the trade. 54.53 is the first level of support below 57.6 , and by rule, any test of support is a buy signal. In this case, support 54.53 is being tested, a buy signal would exist.
- Short PNR slightly under 60.11, target 54.53, stop loss @ 60.28 Details
The technical summary data is suggesting a short of PNR as it gets near 60.11 with a downside target of 54.53. We should have a stop loss in place at 60.28though. 60.11 is the first level of resistance above 57.6, and by rule, any test of resistance is a short signal. In this case, if resistance 60.11 is being tested, a short signal would exist.
Swing Trading Plans for PNR
- Buy PNR slightly over 58.87, target 60.11, Stop Loss @ 58.7 Details
If 58.87 begins to break higher, the technical summary data tells us to buy PNR just slightly over 58.87, with an upside target of 60.11. The data also tells us to set a stop loss @ 58.7 in case the stock turns against the trade. 58.87 is the first level of resistance above 57.6, and by rule, any break above resistance is a buy signal. In this case, 58.87, 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 58.87, target 56.99, Stop Loss @ 59.04. Details
The technical summary data is suggesting a short of PNR if it tests 58.87 with a downside target of 56.99. We should have a stop loss in place at 59.04 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, 58.87, 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 58.87, target 60.11, Stop Loss @ 58.73 Details
If 58.87 begins to break higher, the technical summary data tells us to buy PNR just slightly over 58.87, with an upside target of 60.11. The data also tells us to set a stop loss @ 58.73 in case the stock turns against the trade. 58.87 is the first level of resistance above 57.6, and by rule, any break above resistance is a buy signal. In this case, 58.87, 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 58.87, target 57.06, Stop Loss @ 59.01. Details
The technical summary data is suggesting a short of PNR if it tests 58.87 with a downside target of 57.06. We should have a stop loss in place at 59.01 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, 58.87, 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 May 27:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Strong |
| P1 |
0 |
0 |
48.89 |
| P2 |
55.91 |
56.99 |
54.53 |
| P3 |
57.06 |
58.87 |
60.11 |
AI Generated Signals for PNR
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Pentair (NYSE: PNR) report below can help you understand how to do this. The trading plans for PNR, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for PNR:
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