Pentair plc operates as a diversified industrial manufacturing company in the United States, Europe, and internationally. Company operates through three segments: Water Quality Systems, Flow & Filtration Solutions, and Technical Solutions. The Water Quality Systems segment designs, manufactures, markets, and services a range of recreational water treatment...
Absolute and Relative Weakness.
Head and Shoulders Top. Retest of Neck_Line.
Descending Triangle. Lower Highs.
Under 200 sma, Down_Trend_Line.
New lows relative to the S&P 500 Index.
Head and shoulders pattern 6 month. Broke down vs S&P500
Neckline support, now resistance = 200 sma
Broke Uptrend_line channel ( blue ), within Downtrend break_line channel.
Momentum negative, OBV brakedown. Potential short entry point near neckline(retest possible).
52wk Range: 57.38 - 83.37
Staying below, ~74 level
Target 63 (38.2 %)
Stop : 74.50
