PLANET FITNESS INC - CL A (PLNT) Technical Analysis
NYSE:PLNT • US72703H1014
Current stock price
PLNT Technical Rating and Analysis
Overall PLNT gets a technical rating of 0 out of 10. PLNT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PLNT is a bad performer in the overall market: 88% of all stocks are doing better.
- PLNT is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 81% of 126 stocks in the same industry do better.
- PLNT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- PLNT has an average volume of 1746420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month PLNT has a been trading in the 69.10 - 76.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PLNT Weekly and Daily overview Charts
PLNT Setup Rating and Analysis
PLNT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
PLNT Support and Resistance Analysis
69.54
We found 1 important support area.
- A support zone ranging from 70.24 to 70.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 73.71 to 73.75. This zone is formed by a combination of multiple trend lines 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.
PLNT Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for PLNT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLNT is down. |
| ChartMill Relative Strength | 12.26 | NEGATIVE | PLNT has a low relative strength, it was outperformed by 87.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PLNT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.12 | NEUTRAL | The RSI value for PLNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests PLNT has a positive trend. |
| Stochastics (14,3) | 48.94 | NEUTRAL | The Stochastics value for PLNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for PLNT suggests some volalility. |
| Average Directional Index/ADX (14) | 43 | POSITIVE | The high ADX value value for PLNT suggests a strong trend. |
PLNT Chart- and CandleStick Pattern Analysis
PLNT Technicals: Chart, Performance Metrics, Trend & Indicators
73.7
+0.93 (+1.28%)
PLANET FITNESS INC - CL A / PLNT TA FAQ
What is the technical rating for PLNT stock?
ChartMill assigns a technical rating of 0 / 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.
Can you provide the RSI signal for PLANET FITNESS INC - CL A?
PLANET FITNESS INC - CL A (PLNT) has an RSI value of 46.1245. This indicates that the stock is currently neutral.
What is the MACD signal for PLANET FITNESS INC - CL A (PLNT) stock?
The MACD indicator for PLANET FITNESS INC - CL A (PLNT) has a value of 0.518833, indicating a bearish trend.
What is the buy/sell signal for PLNT stock?
The buy/sell signal for PLANET FITNESS INC - CL A (PLNT) is sell as both the short term and long term trends are negative.