Use advanced tools to confirm the Double Bottom on PNR before you trade.
Reversal pattern after a downtrend.
Reversal pattern. Price likely to break upwards.
Expanding volatility. Sign of instability.
Technical analysis of Pentair (PNR) reveals a significant setup. Currently at $62.88, the asset is showing upward momentum (1.3%). Our AI has detected a valid Double Bottom pattern. The trend indicator is reading 47.5/100, suggesting moderate momentum. A potential breakout level is identified at $77.96, targeting $98.32 with support near $67.78 (R:R 2.0).
What is your outlook on PNR?