PLANET FITNESS INC - CL A (PLNT)
US72703H1014 - Common Stock
We assign a technical rating of 10 out of 10 to PLNT. Both in the recent history as in the last year, PLNT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, PLNT did better than 89% of all other stocks.
PLNT is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry. PLNT outperforms 83% of them.
PLNT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PLNT has a been trading in the 96.93 - 102.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PLNT has an average volume of 1126140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PLNT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 101.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 100.06, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
73.90
103.03
5 important support areas can be observed.
- A support zone ranging from 99.26 to 100.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @97.45 from a horizontal line in the daily time frame.
- A support zone ranging from 84.77 to 84.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @79.09 from a horizontal line in the daily time frame.
- Support @74.65 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 101.53 to 102.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.59
Mansfield2.09
10 Day High102.9
10 Day Low96.93
20 Day High102.9
20 Day Low96.93
52 Week High102.9
52 Week Low54.35
Performance
1 Week-0.76%
2 Weeks0.89%
1 Month0.11%
3 Month25.57%
6 Month37.33%
12 Month38.44%
2 Year28.25%
3 Year11.57%
5 Year35.32%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.54
RSI(14)59.17
LBB97.63
UBB102.33
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 102.02 | 99.25 | 2.77 (2.72%) | 25.00% |
| An entry @102.02. This is a Buy Stop order right above the resistance zone. | An exit @99.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.77 points, which is 2.72%. | For a 0.68% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PLNT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PLANET FITNESS INC - CL A
NYSE:PLNT (12/24/2024, 7:32:02 PM)
After market: 100.39 -0.67 (-0.66%)101.06
+0.86 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.86%
1 Week-0.76%
2 Weeks0.89%
1 Month0.11%
3 Month25.57%
6 Month37.33%
12 Month38.44%
2 Year28.25%
3 Year11.57%
5 Year35.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.59
ATR(20)%2.31%
ATR Inc-26.17%
Range Today1.67
ADR(20)2.2
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.59
Mansfield2.09
10 Day High102.9
10 Day Low96.93
20 Day High102.9
20 Day Low96.93
52 Week High102.9
52 Week Low54.35
CS1 End100.06
CR1 Start101.53
Volume & EV
DER(3)-1.21%
DER(5)-0.91%
Volume264.30K
Volume Incr18.23%
Vol(5)1.05M
Vol(50)1.13M