PORTILLO'S INC-CL A (PTLO) Stock Technical Analysis
NASDAQ:PTLO - Nasdaq - US73642K1060 - Common Stock - Currency: USD
Overall PTLO gets a technical rating of 3 out of 10. PTLO 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.
PTLO has an average volume of 1908950 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 compared to the yearly performance of all other stocks, PTLO outperforms 60% of them, which is more or less in line with the market.
PTLO is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 60% of 135 stocks in the same industry.
PTLO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PTLO is lagging the market slightly.
In the last month PTLO has a been trading in the 9.70 - 13.55 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.
The technical rating of PTLO is bad and it also does not present a 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
10.23
14.88
2 important support areas can be observed.
- A support zone ranging from 10.65 to 10.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.33 to 10.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.22 to 13.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.64 from a trend line in the weekly time frame.
- Resistance @14.73 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 | NEUTRAL | NEUTRAL | The long term trend for PTLO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTLO is neutral. |
| ChartMill Relative Strength | 60.9 | NEUTRAL | PTLO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTLO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PTLO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PTLO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.63 | NEUTRAL | The RSI value for PTLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PTLO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.46 | NEUTRAL | The Stochastics value for PTLO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for PTLO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.74 | NEGATIVE | The low ADX value for PTLO suggests a weak or negative 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)
11.72
+0.21 (+1.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.87%
1 Week-8.29%
2 Weeks2.63%
1 Month10.36%
3 Month-14.45%
6 Month8.07%
12 Month17.43%
2 Year-41.6%
3 Year-36.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%5.4%
ATR Inc-22.49%
Range Today0.43
ADR(20)0.58
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.9
Mansfield-0.11
10 Day High13.55
10 Day Low11
20 Day High13.55
20 Day Low9.7
52 Week High15.78
52 Week Low8.38
CS1 End10.73
CR1 Start13.22
Volume & EV
DER(3)-0.9%
DER(5)0.58%
Volume1.44M
Volume Incr29.97%
Vol(5)2.78M
Vol(50)1.91M