Use advanced tools to confirm the Descending Triangle on PNR before you trade.
Bearish continuation pattern.
Sideways movement between parallel supports.
Traders are watching Pentair (PNR) as price action tightens. Currently at $85.82, the asset is showing downward momentum (-1.08%). Algorithmically, a Descending Triangle structure has completed. Volume is average (0.71x avg) with moderate trend strength (16.2). A potential breakout level is identified at $83.6, targeting $63.01 with support near $90.29 (R:R 3.08).
What is your outlook on PNR?