Pentair plc (PNR) manufactures "water and fluid solutions, valves and controls, equipment protection and thermal management products." The stock price of PNR has been a strong performer the past eight months. Let's check out the charts and indicators to see if this uptrend can continue.
In the daily bar chart of PNR, below, I can see that the shares are up 50% from their lows in September-October-November. The shares trade above the rising 50-day moving average line and above the rising 200-day line.
The On-Balance-Volume (OBV) line shows a rise from October but a flattening out in the past two months. The Moving Average Convergence Divergence (MACD) oscillator is above the zero line but below the best levels in February.