PORTILLO'S INC-CL A (PTLO) Stock Technical Analysis
NASDAQ:PTLO - Nasdaq - US73642K1060 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to PTLO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PTLO is showing a nice and steady performance.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
PTLO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PTLO is lagging the market slightly.
PTLO has an average volume of 1818160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PTLO did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
PTLO is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry, PTLO did better than 69% of them.
In the last month PTLO has a been trading in the 11.78 - 15.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although PTLO has an excellent technical rating, it does not offer a high quality setup 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
8.79
15.55
We found 2 important support areas.
- A support zone ranging from 13.69 to 13.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.88 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @15.09 from a horizontal line in the weekly time frame.
- Resistance @15.40 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
CRS81.53
Mansfield0.9
10 Day High15.78
10 Day Low13.38
20 Day High15.78
20 Day Low11.78
52 Week High16.17
52 Week Low8.38
Performance
1 Week-10.98%
2 Weeks-6.23%
1 Month14.74%
3 Month26.33%
6 Month11.65%
12 Month1.86%
2 Year-39.7%
3 Year-45.33%
5 YearN/A
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)-0.22
RSI(14)50.5
LBB13.7
UBB15.73
13.7
-0.63 (-4.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-4.4%
1 Week-10.98%
2 Weeks-6.23%
1 Month14.74%
3 Month26.33%
6 Month11.65%
12 Month1.86%
2 Year-39.7%
3 Year-45.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%5.54%
ATR Inc27.52%
Range Today1.11
ADR(20)0.74
ADR(20)%5.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.53
Mansfield0.9
10 Day High15.78
10 Day Low13.38
20 Day High15.78
20 Day Low11.78
52 Week High16.17
52 Week Low8.38
CS1 End13.69
CR1 Start15.09
Volume & EV
DER(3)0.62%
DER(5)-1.83%
Volume2.45M
Volume Incr60.87%
Vol(5)2.63M
Vol(50)1.82M