PELOTON INTERACTIVE INC-A (PTON) Stock Technical Analysis
NASDAQ:PTON - Nasdaq - US70614W1009 - Common Stock - Currency: USD
Taking everything into account, PTON scores 4 out of 10 in our technical rating. Although PTON is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that PTON is one of the better performing stocks in the market, outperforming 90% of all stocks.
PTON is part of the Leisure Products industry. There are 30 other stocks in this industry. PTON outperforms 89% of them.
PTON has an average volume of 14441000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
In the last month PTON has a been trading in the 6.03 - 7.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PTON has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.17, a Stop Loss order could be placed below this zone.
More info and screens
5.28
7.02
We found 3 important support areas.
- 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.
- Support @5.87 from a trend line in the weekly time frame.
- Support @5.33 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.43 to 6.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.60 to 6.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.95 to 6.95. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for PTON is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTON is neutral. |
| ChartMill Relative Strength | 90.93 | POSITIVE | PTON has a high relative strength, it outperformed 90.93% 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) | UP | MIXED | The current price of PTON is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45 | 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. |
| Stochastics (14,3) | 50.17 | NEUTRAL | The Stochastics value for PTON is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for PTON suggests high volalility. |
| Average Directional Index/ADX (14) | 8.41 | 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)
6.38
-0.34 (-5.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-5.06%
1 Week-3.92%
2 Weeks-0.16%
1 Month-13.55%
3 Month14.34%
6 Month-27.99%
12 Month75.52%
2 Year-34.29%
3 Year-32.77%
5 Year-90.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%5.83%
ATR Inc20.27%
Range Today0.32
ADR(20)0.35
ADR(20)%5.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.93
Mansfield-1.11
10 Day High7.04
10 Day Low6.35
20 Day High7.42
20 Day Low6.03
52 Week High10.9
52 Week Low2.83
CS1 End6.17
CR1 Start6.43
Volume & EV
DER(3)-4.42%
DER(5)-1.91%
Volume7.37M
Volume Incr-21.1%
Vol(5)10.62M
Vol(50)14.44M