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Shares of PNR Down 43.2% Since Downtrend Call on Shares

By David Diaz

SmarTrend identified a Downtrend for Pentair Plc (NYSE:PNR) on April 24th, 2018 at $68.25. In approximately 6 months, Pentair Plc has returned 43.19% as of today's recent price of $38.77.

In the past 52 weeks, Pentair Plc share prices have been bracketed by a current low of $38.72 and a high of $74.84 and are now at $38.77. Over the past week, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 0.5%.

Pentair PLC delivers services and solutions for its customer's diverse needs in water and other fluids, thermal management, and equipment protection. The Company is organized as three operating segments, water and fluid solutions, valves and controls, and technical solutions. Pentair manufactures and distributes its products worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Pentair Plc.

Log in and add Pentair Plc (PNR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights pentair plc

Ticker(s): PNR