PEABODY ENERGY CORP (BTU) Stock Technical Analysis
NYSE:BTU • US7045511000
Overall BTU gets a technical rating of 6 out of 10. In the last year, BTU was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month BTU has a been trading in the 30.28 - 38.42 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that BTU is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, BTU also shows a nice and consistent pattern of rising prices.
- BTU is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry. BTU outperforms 91% of them.
- BTU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BTU is lagging the market slightly.
- BTU has an average volume of 2872720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
BTU has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
31.21
When analyzing the support we notice one important area.
- A support zone ranging from 31.53 to 31.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 32.72 to 34.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @36.83 from a trend 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 | DOWN | NEGATIVE | The short term trend for BTU is down. |
| ChartMill Relative Strength | 94.53 | POSITIVE | BTU has a high relative strength, it outperformed 94.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BTU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BTU is below the rising 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) | 39.79 | NEUTRAL | The RSI value for BTU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests BTU has a negative trend. |
| Stochastics (14,3) | 12.43 | OVERSOLD | The low Stochastics value suggests BTU may be oversold. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for BTU suggests high volalility. |
| Average Directional Index/ADX (14) | 19.95 | NEGATIVE | The low ADX value for BTU suggests a weak or negative trend. |
31.54
-0.75 (-2.32%)
PEABODY ENERGY CORP / BTU FAQ
Can you provide the ChartMill technical rating for PEABODY ENERGY CORP?
ChartMill assigns a technical rating of 6 / 10 to BTU.
Can you provide the trend direction for PEABODY ENERGY CORP?
The current trend direction for PEABODY ENERGY CORP (BTU) is Bullish.
Can you provide the RSI signal for PEABODY ENERGY CORP?
PEABODY ENERGY CORP (BTU) has an RSI value of 39.7863. This indicates that the stock is currently neutral.
What is the short term momentum for BTU stock?
The short term momentum for PEABODY ENERGY CORP (BTU) is negative.
Can you provide the buy/sell signal for PEABODY ENERGY CORP?
The buy/sell signal for PEABODY ENERGY CORP (BTU) is hold as the short term and long term trends are mixed.