PLANET FITNESS INC - CL A (PLNT)

US72703H1014 - Common Stock

65.45  +0.68 (+1.05%)

After market: 65.45 0 (0%)

Technical Rating and Analysis

5

Taking everything into account, PLNT scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PLNT was also a bad performer in the overall market in the last year.

65% of all other stocks performed better in the past year than PLNT.
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 has an average volume of 1988030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PLNT is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry, PLNT did better than 58% of them.
PLNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLNT is lagging the market.
In the last month PLNT has a been trading in the 58.51 - 68.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PLNT Weekly chart
PLNT Daily chart
Setup Rating and Analysis

7

PLNT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 66.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 63.17, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

57.04

75.67

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 59.99 to 63.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 58.65 to 58.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @57.62 from a trend line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 66.92 to 66.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @70.89 from a trend line in the weekly time frame.
  • A resistance zone ranging from 74.83 to 74.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.89
Mansfield-0.89
10 Day High68.5
10 Day Low59.16
20 Day High68.5
20 Day Low58.51
52 Week High75.86
52 Week Low44.13
Performance
1 Week-0.53%
2 Weeks5.53%
1 Month8.29%
3 Month2.73%
6 Month-0.09%
12 Month-1.36%
2 Year-6.99%
3 Year-16.91%
5 Year-14.41%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.32
RSI(14)58.14
LBB58.98
UBB68.44
PLNT Daily chart

PLANET FITNESS INC - CL A

NYSE:PLNT (5/21/2024, 7:04:00 PM)

After market: 65.45 0 (0%)

65.45

+0.68 (+1.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.05%
1 Week-0.53%
2 Weeks5.53%
1 Month8.29%
3 Month2.73%
6 Month-0.09%
12 Month-1.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.47
ATR(20)%3.3%
ATR Inc
Range Today1.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High68.5
10 Day Low59.16
20 Day High68.5
20 Day Low58.51
52 Week High75.86
52 Week Low44.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.00M
Volume Incr-14.71%
Vol(5)1.77M
Vol(50)1.99M