PEABODY ENERGY CORP (BTU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BTU - US7045511000 - Common Stock
We assign a technical rating of 8 out of 10 to BTU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BTU is showing a nice and steady performance.
BTU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
25.61
When analyzing the support we can see 5 important areas.
- A support zone ranging from 29.62 to 29.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.62 to 28.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.76 to 27.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.36 from a horizontal line in the weekly time frame.
- Support @25.87 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BTU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTU is up. |
| ChartMill Relative Strength | 91.56 | POSITIVE | BTU has a high relative strength, it outperformed 91.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BTU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.66 | NEUTRAL | The RSI value for BTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests BTU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.25 | OVERBOUGHT | The high Stochastics value suggests BTU may be overbought. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BTU suggests some volalility. |
| Average Directional Index/ADX (14) | 18.38 | NEGATIVE | The low ADX value for BTU suggests a weak or negative trend. |
30.79
-0.42 (-1.35%)
PEABODY ENERGY CORP / BTU FAQ
Can you provide the ChartMill technical rating for PEABODY ENERGY CORP?
ChartMill assigns a technical rating of 8 / 10 to BTU.
What is the trend direction for BTU stock?
The current trend direction for PEABODY ENERGY CORP (BTU) is Bullish.
What is the RSI signal for BTU stock?
PEABODY ENERGY CORP (BTU) has an RSI value of 59.6573. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PEABODY ENERGY CORP?
The MACD indicator for PEABODY ENERGY CORP (BTU) has a value of 0.306732, indicating a bearish trend.
Can you provide the support and resistance levels for PEABODY ENERGY CORP?
PEABODY ENERGY CORP (BTU) has a support level at 29.65. Check the full technical report for our detailed analysis of BTU support and resistance levels.