After completing its last trading session, Planet Fitness, Inc. (NYSE:PLNT) spiked up by 0.8% – here is what that looked like (as of 2019-12-24):
Why are these moves happning?? To grasp this action better, We ought to analyze some technical indicators. The most important ones are as follows:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.005, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.303, an Accumulation/Distribution Index (ADI) of 1.303, an On-Balance Volume (OBV) of 689.82, and a Chaiikin Money Flow (CMF) of -73.56. 4.458
Now let’s plug these indicators in. According to Trading View, we can conclude the following:
So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.