PELOTON INTERACTIVE INC-A (PTON) Stock Technical Analysis
USA - NASDAQ:PTON - US70614W1009 - Common Stock
Taking everything into account, PTON scores 3 out of 10 in our technical rating. In the last year, PTON was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
PTON has a poor technical rating and the quality of the setup is also only medium 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.
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6.10
We found 5 important support areas.
- A support zone ranging from 7.27 to 7.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.95 to 6.95. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 6.70 to 6.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.29 from a horizontal line in the daily time frame.
- Support @6.16 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 7.80 to 7.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.34 from a trend line in the weekly time frame.
- A resistance zone ranging from 8.52 to 8.59. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @8.78 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 | 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 | 23.13 | NEGATIVE | PTON has a low relative strength, it was outperformed by 76.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PTON is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PTON is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PTON is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.3 | NEUTRAL | The RSI value for PTON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PTON has a positive trend. |
| Stochastics (14,3) | 63.03 | NEUTRAL | The Stochastics value for PTON is a neutral value. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for PTON suggests high volalility. |
| Average Directional Index/ADX (14) | 12.07 | NEGATIVE | The low ADX value for PTON suggests a weak or negative trend. |
7.47
+0.03 (+0.4%)
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 3 / 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 49.3. 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 0.0202531, indicating a bearish trend.
What is the support and resistance level for PTON stock?
PELOTON INTERACTIVE INC-A (PTON) has a support level at 7.32 and a resistance level at 7.8. Check the full technical report for our detailed analysis of PTON support and resistance levels.