Stock Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
PORTILLOS INC. CLASS A COMMON STOCK (NASDAQ:PTLO)
Long-Term Downtrend (-90) - PTLO is in a strong downtrend that is likely to continue. While PTLO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PTLO?
MarketClub looks at technical strength and momentum to determine if the timing is right for PTLO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PTLO
The long-term trend has been DOWN since Dec 6th, 2022 at 18.8205
The intermediate-term trend has been DOWN since May 25th, 2023 at 20.0500
The short-term trend has been DOWN since May 23rd, 2023 at 20.8900
Smart Scan Analysis for PTLO
Based on our trend formula, PTLO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||28.93||52wk High Date||2022-08-08|
|52wk Low||14.835||52wk Low Date||2022-06-16|
|Average Volume||838,986||Shares Outstanding||55,001|