Taking everything into account, PBPB scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PBPB is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, PBPB did better than 94% of all other stocks. On top of that, PBPB also shows a nice and consistent pattern of rising prices.
- PBPB is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry. PBPB outperforms 98% of them.
- A new 52 week high is currently being made by PBPB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- PBPB has an average volume of 1049140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month PBPB has a been trading in a tight range between 17.03 and 17.13.
Besides having an excellent technical rating, PBPB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.10, 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
8.84
When analyzing the support we can see 5 important areas.
- A support zone ranging from 17.07 to 17.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.61 from a trend line in the daily time frame.
- Support @14.26 from a trend line in the weekly time frame.
- Support @13.57 from a trend line in the daily time frame.
- Support @8.93 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.13 to 17.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PBPB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PBPB is up. |
| ChartMill Relative Strength | 94.66 | POSITIVE | PBPB has a high relative strength, it outperformed 94.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PBPB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PBPB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PBPB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.57 | OVERBOUGHT | The high RSI value suggests PBPB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests PBPB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 91.67 | OVERBOUGHT | The high Stochastics value suggests PBPB may be overbought. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for PBPB suggests low volalility. |
| Average Directional Index/ADX (14) | 62.5 | POSITIVE | The high ADX value value for PBPB suggests a strong trend. |
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 |
|---|---|---|---|
| 17.14 | 17.06 | 0.08 (0.47%) | 25.00% |
| An entry @17.14. This is a Buy Stop order right above the resistance zone. | An exit @17.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 0.47%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.12%. |
- 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.
17.12
+0.01 (+0.06%)
POTBELLY CORP / PBPB FAQ
Can you provide the ChartMill technical rating for POTBELLY CORP?
ChartMill assigns a technical rating of 10 / 10 to PBPB.
What is the current trend direction of POTBELLY CORP (PBPB) stock?
The current trend direction for POTBELLY CORP (PBPB) is Bullish.
What is the RSI signal for PBPB stock?
POTBELLY CORP (PBPB) has an RSI value of 80.5745. This indicates that the stock is currently overbought.
What is the MACD signal for PBPB stock?
The MACD indicator for POTBELLY CORP (PBPB) has a value of -0.134452, indicating a bearish trend.
What is the short term momentum for PBPB stock?
The short term momentum for POTBELLY CORP (PBPB) is positive.