PELOTON INTERACTIVE INC.
PELOTON INTERACTIVE INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PTON
ISIN:

PELOTON INTERACTIVE INC. - Weekly - Technical analysis published on 11/08/2021 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 63.55 USD
My targets
42.92 USD (-22.87%)
36.84 USD (-33.79%)
My analysis
In the short term, we can see an acceleration in the bearish trend on PELOTON INTERACTIVE INC., which is a positive signal for sellers. As long as the price remains above 63.55 USD, a sale could be considered. The first bearish objective is located at 42.92 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 36.84 USD as an objective. Crossing it would then enable sellers to target 19.68 USD. If the price were to return above 63.55 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.2

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by baltbach. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The PELOTON INTERACTIVE INC. rating is 55.64 USD. The price registered a decrease of -40.06% over 5 days and has been traded over the last 5 days between 55.21 USD and 90.49 USD. This implies that the 5 day price is +0.78% from its lowest point and -38.51% from its highest point.

55.21
90.49
55.64

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by PELOTON INTERACTIVE INC.:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly


New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Abnormal volumes on PELOTON INTERACTIVE INC. were detected by the Central Volumes scanner:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of PELOTON INTERACTIVE INC. in Weekly shows an overall bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 11 technical indicators on 18 studied are currently positioned bearish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Support of triangle is broken

Type : Bearish

Timeframe : Weekly



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Weekly




ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 19.68 36.84 55.64 68.47 82.62 100.90
Change (%) -64.63% -33.79% - +23.06% +48.49% +81.34%
Change -35.96 -18.80 - +12.83 +26.98 +45.26
Level Minor Minor - Minor Major Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard46.8451.0353.3357.5259.8264.0166.31
Camarilla53.8654.4555.0555.6456.2456.8357.43
Woodie45.9150.5652.4057.0558.8963.5465.38
Fibonacci51.0353.5155.0457.5260.0061.5364.01


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard5.1830.1942.9267.9380.66105.67118.40
Camarilla45.2648.7252.1855.6459.1062.5666.02
Woodie-0.9727.1236.7764.8674.51102.60112.25
Fibonacci30.1944.6153.5267.9382.3591.26105.67


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard63.5572.2981.8790.61100.19108.93118.51
Camarilla86.4088.0889.7691.4493.1294.8096.48
Woodie63.9672.5082.2890.82100.60109.14118.92
Fibonacci72.2979.2983.6290.6197.61101.94108.93

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 30.05
MACD (12,26,9): -9.0100
Directional Movement: -17.03
AROON (14): -100.00
DEMA (21): 86.57
Parabolic SAR (0,02-0,02-0,2): 107.37
Elder Ray (13): -17.38
Super Trend (3,10): 116.94
Zig ZAG (10): 55.64
VORTEX (21): 0.8200
Stochastique (14,3,5): 17.45
TEMA (21): 78.57
Williams %R (14): -99.37
Chande Momentum Oscillator (20): -55.24
Repulse (5,40,3): -88.4000
ROCnROLL: 2
TRIX (15,9): -0.7100
Courbe Coppock: 52.12
MA7: 85.08
MA20: 87.92
MA50: 93.16
MA100: 105.23
MAexp7: 83.69
MAexp20: 96.71
MAexp50: 100.85
MAexp100: 88.40
Price / MA7: -34.60%
Price / MA20: -36.72%
Price / MA50: -40.27%
Price / MA100: -47.13%
Price / MAexp7: -33.52%
Price / MAexp20: -42.47%
Price / MAexp50: -44.83%
Price / MAexp100: -37.06%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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