Peloton in play: RSI climbs, but sellers push back
Peloton gains 4.4% this week, but sellers take back control on the last bar
Peloton in play: RSI climbs, but sellers push back
Our view last week
Peloton shares rebound 1.9% this week: a clean double bottom in the 5.4 area puts buyers back in control, with buying volume back up to 67% of the tape after two quiet weeks. This week's technical picture still cuts both ways though — money flow and momentum are softer than a month ago, and warning flags on volume and an indecisive phase persist. The trade is running at +28% since entry.
This week's summary
Peloton shares close the week up 4.4%, with the weekly RSI at 56.3, climbing for a fourth straight week. But the tape tells a different story: sellers edge back into control on the last bar, and sell volume rises to 55%. The double bottom in the 5.4 area remains the technical anchor of this phase, with a 13% intermediate rebound. The trade, open for 15 weeks, is running at +33.6%.
IQS Phase
46
ordinary
Signal Strength
74
high · wide & volatile
Sizing
FULL
Ranking
#26 / 112
US stocks in progress
Trade P&L %
+33.62%
from signal to today
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