PELOTON INTERACTIVE INC-A (PTON) Stock Technical Analysis
NASDAQ:PTON - Nasdaq - US70614W1009 - Common Stock - Currency: USD
Overall PTON gets a technical rating of 7 out of 10. In the last year, PTON was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PTON is one of the better performing stocks in the Leisure Products industry, it outperforms 96% of 31 stocks in the same industry.
In the last month PTON has a been trading in the 6.10 - 8.03 range, which is quite wide. It is currently trading near the high of this range.
PTON has an average volume of 13844100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PTON did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PTON is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PTON is lagging the market.
Volume is considerably higher in the last couple of days.
PTON has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 6.84, a Stop Loss order could be placed below this zone.
More info and screens
6.05
7.74
3 important support areas can be observed.
- A support zone ranging from 6.63 to 6.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.29 to 6.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 6.11 to 6.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @7.19 from a trend line in the daily time frame.
- A resistance zone ranging from 7.58 to 7.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for PTON is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PTON is up. |
| ChartMill Relative Strength | 95.21 | POSITIVE | PTON has a high relative strength, it outperformed 95.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PTON is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PTON is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.11 | NEUTRAL | The RSI value for PTON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PTON has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.27 | NEUTRAL | The Stochastics value for PTON is a neutral value. |
| Average True Range in percent/ATR (20) | 6.14 | HIGH VOLATILITY | The high ATR as a percentage value for PTON suggests high volalility. |
| Average Directional Index/ADX (14) | 15.27 | NEGATIVE | The low ADX value for PTON suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.20 | 6.62 | 0.58 (8.06%) | 12.41% |
| An entry @7.20. This is a Buy Stop order right above the resistance zone. | An exit @6.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.58 points, which is 8.06%. | For a 1.00% total portfolio risk, you can invest 12.41% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PTON. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.11
+0.04 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg0.57%
1 Week-0.42%
2 Weeks10.58%
1 Month5.8%
3 Month15.42%
6 Month-15.05%
12 Month137.79%
2 Year11.44%
3 Year-30.23%
5 Year-90.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%6.14%
ATR Inc70.85%
Range Today1.19
ADR(20)0.4
ADR(20)%5.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.21
Mansfield-0.51
10 Day High8.03
10 Day Low6.1
20 Day High8.03
20 Day Low6.1
52 Week High10.9
52 Week Low2.83
CS1 End6.84
CR1 Start7.19
Volume & EV
DER(3)-2.72%
DER(5)-0.44%
Volume44.36M
Volume Incr80.45%
Vol(5)20.75M
Vol(50)13.84M