POTBELLY CORP (PBPB) Stock Technical Analysis
USA - NASDAQ:PBPB - US73754Y1001 - Common Stock
17.03 USD
0 (0%)
17.05 USD
+0.02 (+0.12%)
We assign a technical rating of 10 out of 10 to PBPB. 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!
When comparing the yearly performance of all stocks, we notice that PBPB is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, PBPB also shows a nice and consistent pattern of rising prices.
PBPB is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 97% of 135 stocks in the same industry.
PBPB 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 PBPB has a been trading in the 12.19 - 17.06 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
PBPB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.02, a Stop Loss order could be placed below this zone.
More info and screens
8.70
17.21
When analyzing the support we can see 4 important areas.
- A support zone ranging from 17.00 to 17.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.33 to 13.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.76 from a trend line in the daily time frame.
- Support @8.79 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.04 to 17.04. 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 | 94.19 | POSITIVE | PBPB has a high relative strength, it outperformed 94.19% 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) | 82.5 | OVERBOUGHT | The high RSI value suggests PBPB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PBPB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.42 | OVERBOUGHT | The high Stochastics value suggests PBPB may be overbought. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for PBPB suggests some volalility. |
| Average Directional Index/ADX (14) | 46.31 | POSITIVE | The high ADX value value for PBPB suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 17.05 | 16.99 | 0.06 (0.35%) | 25.00% |
| An entry @17.05. This is a Buy Stop order right above the resistance zone. | An exit @16.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 0.35%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.09%. |
- The distance between exit and entry is rather small compared to the average daily movement of PBPB. 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.
17.03
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0%
1 Week0.12%
2 Weeks0.18%
1 Month30.8%
3 Month38.34%
6 Month82.33%
12 Month102.74%
2 Year118.33%
3 Year275.94%
5 Year349.34%
10 Year54.68%
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%2.15%
ATR Inc-95.06%
Range Today0.02
ADR(20)0.16
ADR(20)%0.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.19
Mansfield4.24
10 Day High17.06
10 Day Low17
20 Day High17.06
20 Day Low12.19
52 Week High17.06
52 Week Low7.27
CS1 End17.02
CR1 Start17.04
Volume & EV
DER(3)-1.61%
DER(5)-1.5%
Volume341.10K
Volume Incr-67.68%
Vol(5)613.06K
Vol(50)952.25K