Potbelly Co Stock Technical Analysis

PBPB Stock  USD 9.97  0.32  3.32%   
As of the 22nd of November, Potbelly holds the Risk Adjusted Performance of 0.0927, semi deviation of 1.6, and Coefficient Of Variation of 898.63. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Potbelly, as well as the relationship between them.

Potbelly Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Potbelly, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Potbelly
  
Potbelly's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Potbelly Analyst Consensus

Target PriceAdvice# of Analysts
15.0Strong Buy4Odds
Potbelly Co current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Potbelly analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Potbelly stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Potbelly, talking to its executives and customers, or listening to Potbelly conference calls.
Potbelly Analyst Advice Details
Potbelly technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Potbelly technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Potbelly trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Potbelly Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Potbelly volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Potbelly Trend Analysis

Use this graph to draw trend lines for Potbelly Co. You can use it to identify possible trend reversals for Potbelly as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Potbelly price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Potbelly Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Potbelly Co applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Potbelly Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 37.81, which is the sum of squared deviations for the predicted Potbelly price change compared to its average price change.

About Potbelly Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Potbelly Co on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Potbelly Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Potbelly price pattern first instead of the macroeconomic environment surrounding Potbelly. By analyzing Potbelly's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Potbelly's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Potbelly specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
PTB Ratio23.8225.01
Dividend Yield0.180.16

Potbelly November 22, 2024 Technical Indicators

Most technical analysis of Potbelly help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Potbelly from various momentum indicators to cycle indicators. When you analyze Potbelly charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Potbelly Stock analysis

When running Potbelly's price analysis, check to measure Potbelly's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Potbelly is operating at the current time. Most of Potbelly's value examination focuses on studying past and present price action to predict the probability of Potbelly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Potbelly's price. Additionally, you may evaluate how the addition of Potbelly to your portfolios can decrease your overall portfolio volatility.
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