We assign a technical rating of 0 out of 10 to PTON. PTON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PTON has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PTON in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.29 to 6.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.16 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 6.80 to 6.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.40 to 7.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.67 from a horizontal line in the daily time frame.
- Resistance @8.22 from a trend line in the weekly time frame.
- Resistance @8.52 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for PTON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PTON is down. |
| ChartMill Relative Strength | 12.24 | NEGATIVE | PTON has a low relative strength, it was outperformed by 87.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PTON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PTON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.62 | NEUTRAL | The RSI value for PTON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PTON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.01 | NEUTRAL | The Stochastics value for PTON is a neutral value. |
| Average True Range in percent/ATR (20) | 6.23 | HIGH VOLATILITY | The high ATR as a percentage value for PTON suggests high volalility. |
| Average Directional Index/ADX (14) | 16.12 | NEGATIVE | The low ADX value for PTON suggests a weak or negative trend. |
6.67
+0.22 (+3.41%)
PELOTON INTERACTIVE INC-A / PTON FAQ
What is the ChartMill technical rating of PELOTON INTERACTIVE INC-A (PTON) stock?
ChartMill assigns a technical rating of 0 / 10 to PTON.
Can you provide the trend direction for PELOTON INTERACTIVE INC-A?
The current trend direction for PELOTON INTERACTIVE INC-A (PTON) is Bearish.
What is the RSI signal for PTON stock?
PELOTON INTERACTIVE INC-A (PTON) has an RSI value of 42.6246. This indicates that the stock is currently neutral.
What is the MACD signal for PELOTON INTERACTIVE INC-A (PTON) stock?
The MACD indicator for PELOTON INTERACTIVE INC-A (PTON) has a value of -0.013373, indicating a bearish trend.
What is the support and resistance level for PTON stock?
PELOTON INTERACTIVE INC-A (PTON) has a support level at 6.46 and a resistance level at 6.8. Check the full technical report for our detailed analysis of PTON support and resistance levels.