We assign a technical rating of 0 out of 10 to PTLO. PTLO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PTLO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 4.60, a Stop Loss order could be placed below this zone.
More info and screens
4.55
We found 1 important support area.
- A support zone ranging from 4.60 to 4.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @4.74 from a trend line in the daily time frame.
- A resistance zone ranging from 5.23 to 5.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.09 from a trend line in the weekly time frame.
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 PTLO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PTLO is down. |
| ChartMill Relative Strength | 8.74 | NEGATIVE | PTLO has a low relative strength, it was outperformed by 91.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PTLO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTLO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PTLO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.34 | NEUTRAL | The RSI value for PTLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PTLO has a positive trend. |
| Stochastics (14,3) | 20.21 | NEUTRAL | The Stochastics value for PTLO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for PTLO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.72 | NEGATIVE | The low ADX value for PTLO suggests a weak or negative trend. |
4.71
+0.1 (+2.17%)
PORTILLO'S INC-CL A / PTLO FAQ
What is the technical rating for PTLO stock?
ChartMill assigns a technical rating of 0 / 10 to PTLO.
What is the trend direction for PTLO stock?
The current trend direction for PORTILLO'S INC-CL A (PTLO) is Bearish.
What is the RSI signal for PTLO stock?
PORTILLO'S INC-CL A (PTLO) has an RSI value of 42.3399. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PORTILLO'S INC-CL A?
The short term momentum for PORTILLO'S INC-CL A (PTLO) is negative.
What is the buy/sell signal for PORTILLO'S INC-CL A (PTLO) stock?
The buy/sell signal for PORTILLO'S INC-CL A (PTLO) is sell as both the short term and long term trends are negative.