Pentair PLC (PNR)
Pentair plc (PNR) is an American water treatment company with its main U.S. office in Minneapolis, Minnesota.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 43.89% per annum.
- PNR price at the close of April 29, 2025 was $90.28 and was lower than the bottom border of the primary price channel by $8.46 (8.57%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 48.31% per annum.
- PNR price at the close of April 29, 2025 was higher than the top border of the secondary price channel by $1.84 (2.08%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of PNR price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: June 13, 2022
End date: February 18, 2025
a = 2.9139
b = 0.0010
s = 0.0704
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0010) – 1
= 43.89%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0704) – 1
= 32.54%
June 13, 2022 calculations
Top border of price channel:
Exp(Y534)
= Exp(a + b × X534 + 2 × s)
= Exp(a + b × 774 + 2 × s)
= Exp(2.9139 + 0.0010 × 774 + 2 × 0.0704)
= Exp(3.8264)
= $45.90
Bottom border of price channel:
Exp(Y534)
= Exp(a + b × X534 – 2 × s)
= Exp(a + b × 774 – 2 × s)
= Exp(2.9139 + 0.0010 × 774 – 2 × 0.0704)
= Exp(3.5447)
= $34.63
February 18, 2025 calculations
Top border of price channel:
Exp(Y1,206)
= Exp(a + b × X1,206 + 2 × s)
= Exp(a + b × 1,755 + 2 × s)
= Exp(2.9139 + 0.0010 × 1,755 + 2 × 0.0704)
= Exp(4.8045)
= $122.05
Bottom border of price channel:
Exp(Y1,206)
= Exp(a + b × X1,206 – 2 × s)
= Exp(a + b × 1,755 – 2 × s)
= Exp(2.9139 + 0.0010 × 1,755 – 2 × 0.0704)
= Exp(4.5227)
= $92.09
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 43.89% per annum.
- PNR price at the close of April 29, 2025 was $90.28 and was lower than the bottom border of the primary price channel by $8.46 (8.57%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: November 11, 2024
End date: April 23, 2025
a = 7.7047
b = -0.0018
s = 0.0384
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0018) – 1
= -48.31%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0384) – 1
= 16.60%
November 11, 2024 calculations
Top border of price channel:
Exp(Y1,141)
= Exp(a + b × X1,141 + 2 × s)
= Exp(a + b × 1,656 + 2 × s)
= Exp(7.7047 + -0.0018 × 1,656 + 2 × 0.0384)
= Exp(4.7878)
= $120.04
Bottom border of price channel:
Exp(Y1,141)
= Exp(a + b × X1,141 – 2 × s)
= Exp(a + b × 1,656 – 2 × s)
= Exp(7.7047 + -0.0018 × 1,656 – 2 × 0.0384)
= Exp(4.6342)
= $102.95
April 23, 2025 calculations
Top border of price channel:
Exp(Y1,251)
= Exp(a + b × X1,251 + 2 × s)
= Exp(a + b × 1,819 + 2 × s)
= Exp(7.7047 + -0.0018 × 1,819 + 2 × 0.0384)
= Exp(4.4931)
= $89.40
Bottom border of price channel:
Exp(Y1,251)
= Exp(a + b × X1,251 – 2 × s)
= Exp(a + b × 1,819 – 2 × s)
= Exp(7.7047 + -0.0018 × 1,819 – 2 × 0.0384)
= Exp(4.3396)
= $76.67
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 48.31% per annum.
- PNR price at the close of April 29, 2025 was higher than the top border of the secondary price channel by $1.84 (2.08%). This indicates a possible reversal in the secondary trend direction.