PLANET FITNESS INC - CL A (PLNT)

US72703H1014 - Common Stock

101.53  +1.51 (+1.51%)

After market: 100.864 -0.67 (-0.66%)

Technical Rating and Analysis

10

Overall PLNT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PLNT is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PLNT is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, PLNT also shows a nice and consistent pattern of rising prices.
PLNT is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. PLNT outperforms 82% of them.
A new 52 week high is currently being made by PLNT, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month PLNT has a been trading in the 77.79 - 101.76 range, which is quite wide. It is currently trading near the high of this range.
PLNT has an average volume of 1195490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
PLNT Weekly chart
PLNT Daily chart
Setup Rating and Analysis

6

Although PLNT has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

71.71

102.55

We found 3 important support areas.

  • A support zone ranging from 81.14 to 81.31. 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 @72.43 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.78
Mansfield2.4
10 Day High101.76
10 Day Low92.42
20 Day High101.76
20 Day Low77.79
52 Week High101.76
52 Week Low54.35
Performance
1 Week6.57%
2 Weeks6.53%
1 Month24.23%
3 Month25.24%
6 Month59.79%
12 Month54.98%
2 Year29.57%
3 Year24.29%
5 Year37.35%
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)0.97
RSI(14)80.21
LBB83.62
UBB105.92
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
101.7792.419.36 (9.20%)10.87%
An entry @101.77. This is a Buy Stop order right above the 10 day high.An exit @92.41. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 9.36 points, which is 9.20%.For a 1.00% total portfolio risk, you can invest 10.87% of your capital in this trade.

  • 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.
PLNT Daily chart

PLANET FITNESS INC - CL A

NYSE:PLNT (11/22/2024, 8:04:00 PM)

After market: 100.864 -0.67 (-0.66%)

101.53

+1.51 (+1.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.51%
1 Week6.57%
2 Weeks6.53%
1 Month24.23%
3 Month25.24%
6 Month59.79%
12 Month54.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.6
ATR(20)%3.01%
ATR Inc
Range Today2.23
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High101.76
10 Day Low92.42
20 Day High101.76
20 Day Low77.79
52 Week High101.76
52 Week Low54.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.32M
Volume Incr-22.75%
Vol(5)1.08M
Vol(50)1.20M