PLANET FITNESS INC - CL A (PLNT) Stock Technical Analysis
USA - NYSE:PLNT - US72703H1014 - Common Stock
109.79 USD
+4.81 (+4.58%)
109.79 USD
0 (0%)
Taking everything into account, PLNT scores 7 out of 10 in our technical rating. PLNT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PLNT is part of the Hotels, Restaurants & Leisure industry. There are 132 other stocks in this industry. PLNT outperforms 81% of them.
PLNT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PLNT is performing more or less in line with the market.
In the last month PLNT has a been trading in the 88.74 - 111.12 range, which is quite wide. It is currently trading near the high of this range.
PLNT has an average volume of 1444330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, PLNT outperforms 69% of them, which is more or less in line with the market.
Although PLNT 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
89.22
114.69
We found 4 important support areas.
- A support zone ranging from 105.24 to 106.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 102.16 to 102.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 91.89 to 92.55. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @90.12 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- 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 | UP | POSITIVE | The short term trend for PLNT is up. |
| ChartMill Relative Strength | 69.13 | NEUTRAL | PLNT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLNT is above the rising 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) | 65.97 | NEUTRAL | The RSI value for PLNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.85 | POSITIVE | The MACD value suggests PLNT has a positive trend. |
| Stochastics (14,3) | 77.98 | NEUTRAL | The Stochastics value for PLNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for PLNT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.34 | POSITIVE | The high ADX value value for PLNT 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)
109.79
+4.81 (+4.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg4.58%
1 Week3.66%
2 Weeks3.23%
1 Month11.58%
3 Month2.09%
6 Month4.17%
12 Month8.14%
2 Year61.6%
3 Year40.11%
5 Year50.5%
10 Year594.43%
15 YearN/A
Volatility
ATR(14)3.93
ATR(20)%3.27%
ATR Inc10.89%
Range Today5.35
ADR(20)2.97
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.13
3 months CRS71.76
6 months CRS48.83
Mansfield-0.05
10 Day High111.12
10 Day Low101.26
20 Day High111.12
20 Day Low88.74
52 Week High114.47
52 Week Low87.72
CS1 End106.31
CR1 Start112.75
Volume & EV
DER(3)0.54%
DER(5)0.72%
Volume1.62M
Volume Incr-17.42%
Vol(5)1.40M
Vol(50)1.44M
PLANET FITNESS INC - CL A / PLNT FAQ
What is the technical rating for PLNT stock?
ChartMill assigns a technical rating of 7 / 10 to PLNT.
What is the trend direction for PLNT stock?
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 65.9736. 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 0.84872, indicating a bearish trend.