PLANET FITNESS INC - CL A (PLNT) Stock Technical Analysis
NYSE:PLNT - New York Stock Exchange, Inc. - US72703H1014 - Common Stock - Currency: USD
Taking everything into account, PLNT scores 4 out of 10 in our technical rating. Although PLNT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PLNT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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. We also observe that the gains produced by PLNT over the past year are nicely spread over this period.
PLNT is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 78% of 135 stocks in the same industry.
PLNT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PLNT is performing more or less in line with the market.
PLNT has an average volume of 1513350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
PLNT has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
78.30
93.99
3 important support areas can be observed.
- A support zone ranging from 90.12 to 92.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 87.22 to 88.07. 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.9
Mansfield1.01
10 Day High101.75
10 Day Low88.76
20 Day High109.22
20 Day Low88.76
52 Week High110
52 Week Low54.35
Performance
1 Week-6.23%
2 Weeks-7.85%
1 Month-13.96%
3 Month-6.82%
6 Month14.1%
12 Month43.17%
2 Year19.81%
3 Year10.16%
5 Year91.09%
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)-1.17
RSI(14)35.62
LBB87.95
UBB106.94
93.06
+0.51 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.55%
1 Week-6.23%
2 Weeks-7.85%
1 Month-13.96%
3 Month-6.82%
6 Month14.1%
12 Month43.17%
2 Year19.81%
3 Year10.16%
5 Year91.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.49
ATR(20)%3.49%
ATR Inc-18.7%
Range Today2.72
ADR(20)3.02
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.9
Mansfield1.01
10 Day High101.75
10 Day Low88.76
20 Day High109.22
20 Day Low88.76
52 Week High110
52 Week Low54.35
CS1 End92.55
CR1 StartN/A
Volume & EV
DER(3)-2.26%
DER(5)-1.22%
Volume2.17M
Volume Incr103.78%
Vol(5)2.99M
Vol(50)1.51M