We assign a technical rating of 0 out of 10 to PTON. PTON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, PTON does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.05, a Stop Loss order could be placed below this zone.
More info and screens
5.99
We found 1 important support area.
- A support zone ranging from 6.05 to 6.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 6.36 to 6.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.79 to 6.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.10 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 | 10.12 | NEGATIVE | PTON has a low relative strength, it was outperformed by 89.88% 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) | 35.9 | 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) | 3.76 | OVERSOLD | The low Stochastics value suggests PTON may be oversold. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for PTON suggests some volalility. |
| Average Directional Index/ADX (14) | 19.83 | NEGATIVE | The low ADX value for PTON suggests a weak or negative trend. |
6.06
-0.05 (-0.82%)
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 35.9027. 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 -0.00790479, indicating a bearish trend.
What is the support and resistance level for PTON stock?
PELOTON INTERACTIVE INC-A (PTON) has a support level at 6.05 and a resistance level at 6.36. Check the full technical report for our detailed analysis of PTON support and resistance levels.