Is Planet Fitness, Inc. ($PLNT) Set To Blow Up? (2019-10-18)

REPORTING FOR 2019-10-18 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how PLNT has been trading over the last 2 weeks and the past day especially. On its latest session, Planet Fitness, Inc. ($PLNT) opened at 61.05, reaching a high of 61.29 and a low of 60.64 before closing at a price of 61.175. There was a total volume of 290565.

VOLUME INDICATORS FOR PLANET FITNESS, INC. ($PLNT): We saw an accumulation-distribution index of 715.68958, an on-balance volume of -60.75, chaikin money flow of 4.41667 and a force index of 0.31185. There was an ease of movement rating of 0.00262, a volume-price trend of -7.62809 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR PLANET FITNESS, INC. ($PLNT): We noted an average true range of 1.48003, bolinger bands of 61.64563, an upper bollinger band of 58.53437, lower bollinger band of 60.64, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 60.99333, high band keltner channel of 60.75333, low band keltner channel of 61.23333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 60.64, a donchian channel low band of 60.64, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR PLANET FITNESS, INC. ($PLNT): We calculated a Moving Average Convergence Divergence (MACD) of -0.02468, a MACD signal of -0.01371, a MACD difference of -0.01097, a fast Exponential Moving Average (EMA) indicator of 60.64, a slow Exponential Moving Average (EMA) indicator of 60.64, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.41859, a trix of -8.07583, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 8.75205, a KST Oscillator (KST) of -126.12465 and a KST Oscillator (KST Signal) of -126.12465 (leaving a KST difference of -3.96299). We also found an Ichimoku rating of 61.17, an Ichimoku B rating of 61.17, a Ichimoku visual trend A of 69.56695, an Ichimoku visual trend B of 66.72704, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR PLANET FITNESS, INC. ($PLNT): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 33.31384, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -8.02266, a stochastic oscillator of 270.83333, a stochastic oscillator signal of 270.83333, a Williams %R rating of 170.83333 and an awesome oscillator of -0.24583.

RETURNS FOR PLANET FITNESS, INC. ($PLNT): There was a daily return of -12.61247, a daily log return of -1.83064 and a cumulative return of -1.81398.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-18 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Planet Fitness, Inc. ($PLNT)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Planet Fitness, Inc. ($PLNT) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Latest posts by Gary Ivenchuck (see all)

    Leave a Reply

    Your email address will not be published. Required fields are marked *