PELOTON INTERACTIVE INC-A (PTON) Stock Technical Analysis
NASDAQ:PTON - US70614W1009 - Common Stock
7.6 USD
+0.02 (+0.26%)
7.6488 USD
+0.05 (+0.64%)
We assign a technical rating of 8 out of 10 to PTON. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PTON is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
PTON is part of the Leisure Products industry. There are 31 other stocks in this industry. PTON outperforms 90% of them.
PTON has an average volume of 12950700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that PTON is one of the better performing stocks in the market, outperforming 87% of all 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.
In the last month PTON has a been trading in the 6.53 - 8.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PTON has an excellent technical rating, but the quality of the setup is 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.
More info and screens
6.10
8.82
When analyzing the support we can see 4 important areas.
- A support zone ranging from 7.50 to 7.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.54 from a trend line in the daily time frame.
- A support zone ranging from 6.29 to 6.29. 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.
We found 1 important resistance area.
- A resistance zone ranging from 8.53 to 8.73. 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 | UP | POSITIVE | The long term trend for PTON is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTON is neutral. |
| ChartMill Relative Strength | 87.93 | POSITIVE | PTON has a high relative strength, it outperformed 87.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PTON is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PTON is above 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) | 51.34 | NEUTRAL | The RSI value for PTON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PTON has a negative trend. |
| Stochastics (14,3) | 19.09 | OVERSOLD | The low Stochastics value suggests PTON may be oversold. |
| Average True Range in percent/ATR (20) | 6.27 | HIGH VOLATILITY | The high ATR as a percentage value for PTON suggests high volalility. |
| Average Directional Index/ADX (14) | 24.65 | NEUTRAL | The ADX value for PTON suggests a possible start of a new 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)
7.6
+0.02 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg0.26%
1 Week-3.92%
2 Weeks-10.8%
1 Month15.15%
3 Month7.04%
6 Month0.93%
12 Month63.09%
2 Year19.12%
3 Year-25.42%
5 Year-90.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%6.27%
ATR Inc-47.41%
Range Today0.24
ADR(20)0.45
ADR(20)%5.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.93
Mansfield-0.3
10 Day High8.74
10 Day Low7.37
20 Day High8.88
20 Day Low6.53
52 Week High10.9
52 Week Low4.19
CS1 End7.59
CR1 Start8.53
Volume & EV
DER(3)-10.35%
DER(5)-6.98%
Volume17.92M
Volume Incr-47.33%
Vol(5)9.00M
Vol(50)12.95M