RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LOCO
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El Pollo Loco Holdings stock upgraded from Sell Candidate to Buy Candidate after Monday trading session.
(Updated on Feb 26, 2024)


Buy candidate since Feb 26, 2024 PDF
The El Pollo Loco Holdings stock price gained 0.221% on the last trading day (Monday, 26th Feb 2024), rising from $9.06 to $9.08. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.43% from a day low at $9.06 to a day high of $9.19. The price has risen in 6 of the last 10 days but is still down by -1.63% for this period. Volume fell on the last day by -84 thousand shares and in total, 99 thousand shares were bought and sold for approximately $900.64 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.45% during the next 3 months and, with a 90% probability hold a price between $9.51 and $10.42 at the end of this 3-month period.

LOCO Signals & Forecast

A sell signal was issued from a pivot top point on Thursday, February 01, 2024, and so far it has fallen -4.62%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. Some positive signals were issued as well, and these may have some influence on the near short-term development. The El Pollo Loco Holdings stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $9.10. On a fall, the stock will find some support from the long-term average at approximately $9.08. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. The stock had a Golden Star Signal on Tuesday, January 16, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Tuesday, January 16, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

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Support, Risk & Stop-loss for El Pollo Loco Holdings stock

El Pollo Loco Holdings finds support from accumulated volume at $8.87 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have controlled movements and therefore the general risk is considered low. However, be aware of low or falling volume and make sure to keep an eye on the stock. During the last day, the stock moved $0.130 between high and low, or 1.43%. For the last week the stock has had daily average volatility of 1.95%.

Our recommended stop-loss: $8.74 (-3.79%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 16 days ago.)

Trading Expectations (LOCO) For The Upcoming Trading Day Of Tuesday 27th

For the upcoming trading day on Tuesday, 27th we expect El Pollo Loco Holdings to open at $9.11, and during the day (based on 14 day Average True Range), to move between $8.86 and $9.30, which gives a possible trading interval of +/-$0.223 (+/-2.46%) up or down from last closing price. If El Pollo Loco Holdings takes out the full calculated possible swing range there will be an estimated 4.92% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $9.15 (0.77%) than the support at $8.87 (2.31%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is El Pollo Loco Holdings stock A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.833 Open Broker Account

Buy Candidate Upgraded

Predicted Opening Price for El Pollo Loco Holdings of Tuesday, February 27, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price February 27, 2024 Current price
$9.11 ( 0.330%) $9.08

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 9.24 1.76 %
R2 9.19 1.22 %
R1 9.16 0.88 %
Current price: 9.08
Support S1 9.06 -0.217 %
S2 9.03 -0.554 %
S3 8.98 -1.10 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9.34 2.86 %
R2 9.17 0.99 %
R1 9.15 0.771 %
Current price 9.08
Support S1 8.87 -2.31%
S2 8.76 -3.52%
S3 8.31 -8.48%
What is the symbol for El Pollo Loco Holdings Stock and on which exchange is it traded?
The symbol for El Pollo Loco Holdings is LOCO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell El Pollo Loco Holdings Stock?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy El Pollo Loco Holdings Stock?
El Pollo Loco Holdings Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy El Pollo Loco Holdings Stock.

What's the current price of El Pollo Loco Holdings Stock?
As of the end of day on the 2024-02-26, the price of an El Pollo Loco Holdings (LOCO) share was $9.08.

What is the 52-week high and low for El Pollo Loco Holdings Stock?
The 52-week high for El Pollo Loco Holdings Stock is $12.29 and the 52-week low is $8.11.

What is the market capitalization of El Pollo Loco Holdings Stock?
As of the 2024-02-26, the market capitalization of El Pollo Loco Holdings is 298.557M.

When is the next earnings date for El Pollo Loco Holdings?
The upcoming earnings date for El Pollo Loco Holdings is Mar 14, 2024.

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About El Pollo Loco Holdings

El Pollo Loco Holdings El Pollo Loco Holdings, Inc., through its subsidiary, El Pollo Loco, Inc., develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name. As of May 04, 2022, the company operated 480 restaurants comprising 189 company-operated and 291 franchised restaurants located in California, Nevada, Arizona, Texas, Utah, and Louisiana. It also licenses one restaurant in the Philippines. The company was formerly known as ... LOCO Profile

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