PLANET FITNESS INC - CL A (PLNT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PLNT - US72703H1014 - Common Stock
106.85 USD
+1.09 (+1.03%)
106.85 USD
0 (0%)
Taking everything into account, PLNT scores 4 out of 10 in our technical rating. PLNT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
PLNT 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 PLNT is lagging the market slightly.
PLNT has an average volume of 1529010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, PLNT turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
PLNT is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 65% of 133 stocks in the same industry.
In the last month PLNT has a been trading in the 102.06 - 114.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
PLNT has an average technical rating and it also 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
89.67
114.69
4 important support areas can be observed.
- A support zone ranging from 104.40 to 106.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @94.69 from a trend line in the weekly time frame.
- Support @92.55 from a horizontal line in the weekly time frame.
- Support @90.58 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 107.07 to 108.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 112.75 to 113.55. 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 | NEUTRAL | NEUTRAL | The long term trend for PLNT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLNT is neutral. |
| ChartMill Relative Strength | 60.61 | NEUTRAL | PLNT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PLNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.34 | NEUTRAL | The RSI value for PLNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests PLNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.36 | NEUTRAL | The Stochastics value for PLNT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for PLNT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.22 | NEUTRAL | The ADX value for PLNT suggests a possible start of a new 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)
106.85
+1.09 (+1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.03%
1 Week-2.62%
2 Weeks-2.82%
1 Month-0.64%
3 Month14.13%
6 Month-3.24%
12 Month5.34%
2 Year57.69%
3 Year26.23%
5 Year48.4%
10 Year647.73%
15 YearN/A
Volatility
ATR(14)2.56
ATR(20)%2.48%
ATR Inc70.42%
Range Today3.44
ADR(20)2.58
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.61
3 months CRS83.21
6 months CRS27.55
Mansfield-0.74
10 Day High110.53
10 Day Low102.06
20 Day High114.26
20 Day Low102.06
52 Week High114.47
52 Week Low87.72
CS1 End106.84
CR1 Start107.07
Volume & EV
DER(3)-1.08%
DER(5)-0.96%
Volume1.70M
Volume Incr73.95%
Vol(5)2.15M
Vol(50)1.53M
PLANET FITNESS INC - CL A / PLNT FAQ
What is the technical rating for PLNT stock?
ChartMill assigns a technical rating of 4 / 10 to PLNT.
Can you provide the trend direction for PLANET FITNESS INC - CL A?
The current trend direction for PLANET FITNESS INC - CL A (PLNT) is Bearish.
What is the RSI signal for PLANET FITNESS INC - CL A (PLNT) stock?
PLANET FITNESS INC - CL A (PLNT) has an RSI value of 47.3374. This indicates that the stock is currently neutral.
What is the short term momentum for PLNT stock?
The short term momentum for PLANET FITNESS INC - CL A (PLNT) is neutral.